PA Housing Approves $7.6M in Spending from Impact Fee Fund
Part of the Pennsylvania “impact fee” assessed on Marcellus drillers in the state (collected by the state’s Public Utility Commission) was set aside for a special Housing Affordability and Rehabilitation Enhancement fund. In addition, local municipalities also set aside some of their own impact fee revenue for housing projects.
Yesterday, the Pennsylvania Housing Finance Agency (PHFA) approved using more than $2 million from a total pot of $7.6 million on a list of housing projects in northeast PA. The projects include new housing for senior citizens and low-income residents, help for landlords to rehabilitate rental properties, and aide to low-income individuals for rent. Here’s a list of some of the projects in NEPA funded by the impact fee money: