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LEHIGH VALLEY WEATHER

Boscola announces state investment for affordable housing projects

State Senator Lisa Boscola has announced three affordable housing projects in the 18th Senatorial District have been approved for up to $398,000 in funding through the Pennsylvania Housing Affordability and Rehabilitation Enhancement Fund (PHARE), which is managed through the Pennsylvania Housing Finance Agency.

“Allocating funding to provide affordable housing opportunities is a critical function of the Pennsylvania Housing Finance Agency, which is magnified during the COVID-19 Pandemic,” Boscola said. “Funding through PHARE can be distributed into our local communities who are in desperate need to provide affordable housing opportunities. By doing so, the Commonwealth can make a positive impact in revitalizing local communities,” she added.

The three projects approved for funding are:

• Days Restart, LLC for the Dutchtown Commons project in the West Ward of the city of Easton was approved for $100,000. Dutchtown Commons is a planned housing and retail development, which will include 39 one- and two-bedroom apartments on the upper floors of the proposed seven-story structure.

• The Lehigh Conference of Churches for Lazarus House – Easton was approved for $48,000. Funding will be used to convert a single-family dwelling in disrepair into three affordable housing units for adults at risk of homelessness.

• Lehigh Valley Regional Homeless Advisory Board (LVRHAB) for the Lehigh Valley Regional Homeless & Housing Collaborative was approved for $250,000. PHARE funding will be used for multiple initiatives of LVRHAB, including the rehab of 11 owner-occupied units, homelessness prevention and homeownership counseling for 50 prospective first-time homebuyers.

Funding for the PHARE program comes from three main sources: portion of the impact fee from natural gas drilling, a portion of the realty transfer tax and money from the National Housing Trust Fund. The three projects in the 18th Senatorial District were funded through the realty transfer tax.

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