Pennsylvania Housing Finance Agency

Zimmerman, TriStar Alliance Closes on Co-Located Affordable Housing Community Just South of Atlanta

Retrieved on: 
Wednesday, September 1, 2021
Pennsylvania Housing Finance Agency, Community development, Atlanta Housing Authority, Education, Fannie Mae, COVID, Zimmerman, ELC, Acquisition, Queensland Fire and Emergency Services, Georgia Department of Transportation, KeyBank, Board of directors, Commissioner, Housing, Clayton County Public Schools, Bank of America, Davidson, Detsky Mir, Swimming, Texas Department of Housing and Community Affairs, Development, MT, Board, Board of education, Transport, Bank, Tristar, COO, Fire, Mount Zion, Organization, McGuireWoods, Kutak Rock, Louisiana Department of Transportation and Development, Property management

Zion in Clayton County, Georgia, immediately south of Atlanta.

Key Points: 
  • Zion in Clayton County, Georgia, immediately south of Atlanta.
  • These developments are the first transactions closed in a strategic alliance between Zimmerman, an affordable housing builder and developer, and TriStar, an investment firm focused on commercial real estate and mission-based affordable housing funds.
  • "Through the alliance, Zimmerman and TriStar will build and operate affordable housing communities that offer innovative wraparound services focusing on the education, social and emotional wellbeing of its residents," says Bob Davidson, COO, Zimmerman Properties .
  • The development consists of two affordable housing communities: the Villas at Mt Zion, a 96-unit senior, independent living community (age 55+), and the Flats at Mt Zion, a 210-unit multi-family community targeting families with children who attend Mt.

PHFA issues RFP to fund mixed-use development projects

Retrieved on: 
Monday, August 30, 2021
General assembly, Investor, City, Maharashtra Legislative Assembly, Local government, Pennsylvania Housing Finance Agency, Investment, Rehabilitation, Goal, Organization, Sale, Housing, Economic development, Request for proposal, Health insurance, Insurance

Mixed-use projects combine residential and retail/commercial space in the same building and often serve as a catalyst for neighborhood revitalization.

Key Points: 
  • Mixed-use projects combine residential and retail/commercial space in the same building and often serve as a catalyst for neighborhood revitalization.
  • "Funding to stimulate economic development is always important, but it's especially needed coming out of the pandemic," said PHFA Executive Director and CEO Robin Wiessmann.
  • Information about the Community Revitalization Fund RFP is posted on the PHFA website at: https://www.phfa.org/mhp/developers/loans.aspx .
  • Through its carefully managed mortgage programs and investments in multifamily housing developments, PHFA also promotes economic development across the state.

PHFA applauds creation of Pa. low income housing tax credit program

Retrieved on: 
Wednesday, November 4, 2020
Affordable housing, Low-Income Housing Tax Credit, Pennsylvania Housing Finance Agency, Tax credit, Robin Wiessmann, Economy, United States, National Equity Fund, Inc.

HARRISBURG, Pa., Nov. 4, 2020 /PRNewswire/ -- The Pennsylvania Housing Finance Agency applauds the passage of Senate Bill 30 and its signature into law today, creating the Pennsylvania low-income housing tax credit (LIHTC) program.

Key Points: 
  • HARRISBURG, Pa., Nov. 4, 2020 /PRNewswire/ -- The Pennsylvania Housing Finance Agency applauds the passage of Senate Bill 30 and its signature into law today, creating the Pennsylvania low-income housing tax credit (LIHTC) program.
  • That program allocates tax credits to the states that developers then use to raise capital for the construction of affordable rental housing.
  • "I cannot emphasize enough how much a state tax credit program is needed to deliver affordable housing in Pennsylvania," said PHFA executive director and CEO Robin Wiessmann.
  • The Pennsylvania Housing Tax Credit Act (Act 107 of 2020) provides the framework for the Pennsylvania housing tax credit.

PHFA recognizes its top lending partners

Retrieved on: 
Thursday, April 23, 2020
Loans, Economy, Money, Finance, American women in business, Robin Wiessmann, Pennsylvania Housing Finance Agency

HARRISBURG, Pa., April 23, 2020 /PRNewswire/ --The Pennsylvania Housing Finance Agency is honoring its top lending partners for 2019.

Key Points: 
  • HARRISBURG, Pa., April 23, 2020 /PRNewswire/ --The Pennsylvania Housing Finance Agency is honoring its top lending partners for 2019.
  • Homebuyers across Pennsylvania work with these approved lenders for the application, processing, and closing of affordable PHFA home loans.
  • "Thanks to the outstanding efforts of these PHFA lending partners, residents across the commonwealth have been able to realize their dream of owning a home," said PHFA's Executive Director and CEO Robin Wiessmann.
  • Out of approximately 93 lending partners, the Top-10 receiving awards are being recognized for closing the most PHFA home loans in 2019.

2020 PHFA Housing Policy Fellow named

Retrieved on: 
Monday, December 30, 2019
Pennsylvania Housing Finance Agency, Public housing, Affordable housing, Housing, Economy, Government, New York State Housing Finance Agency, Texas State Affordable Housing Corporation

HARRISBURG, Pa., Dec. 30, 2019 /PRNewswire/ -- The Pennsylvania Housing Finance Agency has named Rachel Fawcett as its inaugural housing policy fellow.

Key Points: 
  • HARRISBURG, Pa., Dec. 30, 2019 /PRNewswire/ -- The Pennsylvania Housing Finance Agency has named Rachel Fawcett as its inaugural housing policy fellow.
  • Fawcett will receive a financial stipend of up to $12,000 during 2020 to conduct research benefiting the affordable housing industry.
  • The Pennsylvania Housing Finance Agency works to provide affordable homeownership and rental housing options for older adults, low- and moderate-income families, and people with special housing needs.
  • Through its carefully managed mortgage programs and investments in multifamily housing developments, PHFA also promotes economic development across the state.

New PHFA Housing Policy Fellowship created

Retrieved on: 
Monday, May 13, 2019
Affordable housing, Housing, Regional science, Pennsylvania Housing Finance Agency, Public housing, Economic geography, Howard County Housing and Community Development, New York State Housing Finance Agency

HARRISBURG, Pa., May 13, 2019 /PRNewswire/ --With the goal of funding critical research and promoting leadership development, the Pennsylvania Housing Finance Agency today announced the creation of a new Housing Policy Fellowship.

Key Points: 
  • HARRISBURG, Pa., May 13, 2019 /PRNewswire/ --With the goal of funding critical research and promoting leadership development, the Pennsylvania Housing Finance Agency today announced the creation of a new Housing Policy Fellowship.
  • The fellowship will fund a maximum of 12 months of research and study on a pressing housing or community development topic.
  • This fellowship is intended to benefit the housing field by underwriting research on subjects that currently present housing or community development challenges.
  • The Pennsylvania Housing Finance Agency works to provide affordable homeownership and rental housing options for older adults, low- and moderate-income families, and people with special housing needs.

Three housing leaders honored during PHFA's Housing Forum

Retrieved on: 
Thursday, May 9, 2019
Affordable housing, Pennsylvania Housing Finance Agency, Regional science, State governments of the United States, Housing, Texas State Affordable Housing Corporation, New York State Housing Finance Agency

HARRISBURG, Pa., May 9, 2019 /PRNewswire/ --The Pennsylvania Housing Finance Agency today recognized three affordable housing leaders during its Housing Forum conference at the Hilton Harrisburg.

Key Points: 
  • HARRISBURG, Pa., May 9, 2019 /PRNewswire/ --The Pennsylvania Housing Finance Agency today recognized three affordable housing leaders during its Housing Forum conference at the Hilton Harrisburg.
  • PHFA's biennial Housing Forum provides professional development opportunities for people working in the housing field.
  • The Pennsylvania Housing Finance Agency works to provide affordable homeownership and rental housing options for older adults, low- and moderate-income families, and people with special housing needs.
  • Through its carefully managed mortgage programs and investments in multifamily housing developments, PHFA also promotes economic development across the state.

PHFA recognizes its top lending partners for 2018

Retrieved on: 
Wednesday, April 3, 2019
Loans, Economy, Pennsylvania Housing Finance Agency, Money, Mortgage loan, Finance, Virginia Housing Development Authority, Center for Community Self-Help

HARRISBURG, Pa., April 3, 2019 /PRNewswire/ --The Pennsylvania Housing Finance Agency recently honored its top lending partners for 2018 during its annual homeownership awards event at its headquarters.

Key Points: 
  • HARRISBURG, Pa., April 3, 2019 /PRNewswire/ --The Pennsylvania Housing Finance Agency recently honored its top lending partners for 2018 during its annual homeownership awards event at its headquarters.
  • Homebuyers across Pennsylvania work with these lending partners for the application, processing, and closing of affordable PHFA home loans.
  • "These PHFA lending partners play an important role by helping them find housing that fits their budget."
  • Out of approximately 81 lending partners, the Top-10 were presented awards during the event and were recognized for home loans funded by PHFA in 2018.

FHLBank Pittsburgh and PHFA Announce Home4Good Funding Awards

Retrieved on: 
Friday, December 14, 2018
Affordable housing, Economy, Housing, State governments of the United States, Loans, Mortgage loan, Pennsylvania Housing Finance Agency, Federal Home Loan Banks, Texas State Affordable Housing Corporation, Virginia Housing Development Authority

The Bank is part of the Federal Home Loan Bank System, which was established by Congress in 1932 and serves as a reliable source of funds for housing, jobs and growth in all economic cycles.

Key Points: 
  • The Bank is part of the Federal Home Loan Bank System, which was established by Congress in 1932 and serves as a reliable source of funds for housing, jobs and growth in all economic cycles.
  • The Pennsylvania Housing Finance Agency works to provide affordable homeownership and rental housing options for older adults, low- and moderate-income families, and people with special housing needs.
  • Through its carefully managed mortgage programs and investments in multifamily housing developments, PHFA also promotes economic development across the state.
  • PHFA programs and operations are funded primarily by the sale of securities and from fees paid by program users, not by public tax dollars.

Pennsylvania Housing Finance Agency Signs Multi-Year Contract to Use Black Knight's MSP Servicing System and New Servicing Digital Solution to Enhance Customer Retention

Retrieved on: 
Monday, July 30, 2018
Community organizing, Affordable housing, Pennsylvania Housing Finance Agency, Black Knight, Housing, Property, Land law, Utah housing corporation

JACKSONVILLE, Fla., July 30, 2018 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) announced today that the Pennsylvania Housing Finance Agency (PHFA) signed a multi-year contract to use LoanSphere MSP, Black Knight's industry-leading servicing system.

Key Points: 
  • JACKSONVILLE, Fla., July 30, 2018 /PRNewswire/ -- Black Knight, Inc. (NYSE:BKI) announced today that the Pennsylvania Housing Finance Agency (PHFA) signed a multi-year contract to use LoanSphere MSP, Black Knight's industry-leading servicing system.
  • Headquartered in Harrisburg, Pa., PHFA serves the people of Pennsylvania by offering affordable housing resources, including loans and tax credits for the construction of affordable rental housing.
  • This consumer-centric tool delivers useful information specific to the consumer's mortgage, property and local housing market by accessing the servicing data via Black Knight's MSP system.
  • The Pennsylvania Housing Finance Agency works to provide affordable homeownership and rental housing options for older adults, low- and moderate-income families, and people with special housing needs.