Cris Collingwood//December 6, 2022
Cris Collingwood//December 6, 2022
Cumberland and Lebanon counties will receive a portion of $10.3 million in funding through the Pennsylvania HOME Investment Partnerships Program (HOME) to support affordable housing.
“Pennsylvanians deserve safe, up-to-code, and accessible spaces to call home,” said Gov. Tom Wolf. “The HOME funding approved today will help provide access to these spaces to individuals across the commonwealth while also revitalizing communities through renter and new homeowner opportunities.”
HOME is a federally funded program that provides municipalities with grant and loan assistance to expand and preserve the supply of decent and affordable housing for low- and very low-income Pennsylvanians.
Cumberland County will receive $268,955 for a Community Housing Development Organization grant on behalf of Luminest and a $100,000 for a Community Housing Development Organization operating grant on behalf of Tri-County Housing Development Corp., according to the Wolf administration.
Lebanon County will receive $400,000 for down payment and closing cost subsidies in partnership with the Redevelopment Authority of the County of Lebanon.
Wolf, in his final budget, secured $375 million for safe and affordable housing, the administration said. The funding will work to create new units, repair existing units, and fund home repairs.
HOME program funds can be used to address critical housing needs, including market-oriented approaches that offer opportunities such as homeownership or rental activities to revitalize communities with new investment, the administration said.
The state Department of Community and Economic Development (DCED) receives HOME program funds from the U.S. Department of Housing and Urban Development (HUD) through the annual entitlement appropriation process.