1502 Proposed PHARE (Act 105 of 2010) Plan amendment implementing Act 58 of 2015 (Realty Transfer Tax) funding; public comment

HOUSING
FINANCE AGENCY

Proposed PHARE (Act 105 of 2010) Plan Amendment Implementing Act 58 of 2015 (Realty Transfer Tax) Funding; Public Comment

[46 Pa.B. 5649]
[Saturday, August 27, 2016]

 The Housing Affordability and Rehabilitation Enhancement Fund (PHARE Fund) was established by the act of November 23, 2010 (P.L. 1035, No. 105) (PHARE Act) to provide a structure by which certain State and Federal funds may be used to support housing throughout this Commonwealth. The Housing Finance Agency (Agency) administers the PHARE Fund. Under the recent enactment of the Realty Transfer Tax by the act of November 4, 2015 (P.L. 222, No. 58) (Act 58), additional funds are expected to be available to the PHARE Fund.

 The PHARE Act establishes a public comment period and in order to administer the PHARE Fund with the added moneys, the Agency must amend the 2016 plan and take public comment. The Proposed Plan Amendment implementing Act 58 is available at www.phfa.org and the Agency is specifically inviting public comment of the Proposed Plan Amendment.

 Written comments are being accepted on the Proposed Plan Amendment addressed to Bryce Maretzki, Housing Finance Agency, 211 North Front Street, Harrisburg, PA 17101, [e-mail]. Comments are due no later than October 11, 2016. The Agency will make all comments available for public inspection.

BRIAN A. HUDSON, Sr., 
Executive Director

[Pa.B. Doc. No. 16-1502. Filed for public inspection August 26, 2016, 9:00 a.m.]