As part of this year’s budget, Pennsylvania lawmakers included a new source of funding to benefit the state’s housing market while maintaining the status quo in other areas.
This year, a new program has been incorporated into the state government budget, the Whole Home Repairs and Home Ownership Program.
“It certainly sounds like a program we’re interested in,” said Edward Mauk, CEO of the Butler County Housing Authority. “It’s another pool of funds, and it will add to our ability to help residents.”
The budget provides $125 million for the program, which will be managed by the state Department of Community and Economic Development.
The program is setting up a fund that will provide grants or loans of up to $50,000 each year to homeowners and smallholders. Some restrictions differ depending on the type of applicant.
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Related Article: Grant Distribution Program, Loans up to $50,000 to Homeowners, County Landlords