The Senate Urban Affairs & Housing Committee today (June 19) approved legislation that would increase state support for a program that promotes housing affordability and rehabilitation in communities across the Commonwealth, according to Senator Elder Vogel (R-47).
Senate Bill 31, introduced by Senator Vogel and Senator Art Haywood (D-4), would eliminate the existing $25 million cap on Realty Transfer Tax revenues deposited into the PA Housing and Rehabilitation Enhancement (PHARE) fund.
“The economic case for strengthening PHARE – which has already proven its power to help alleviate blight, reduce homelessness, create jobs and drive economic activity – is compelling. But the broader good that we have the opportunity to offer vulnerable residents, families and communities, is even more profound,” Senator Vogel said. “I am hopeful that my colleagues in the General Assembly will view this legislation as another chance to make that investment work for families throughout the Commonwealth.”
Contact: Charlie O’Neill (717) 787-3076 email@example.com