Posted: | March 30, 2015 09:22 AM |
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From: | Representative W. Curtis Thomas |
To: | All House members |
Subject: | Mixed-Use Development Tax Credit with PHFA |
In the near future, I plan to introduce legislation to create the Mixed-Use Development Fund within the Pennsylvania Housing Finance Agency (PHFA). My proposed legislation is companion to legislation being offered by Sen. Jay Costa, who authored the language. The Mixed-Use Development Program will provide funds to any of the following:
The PHFA will be required to adopt guidelines for the program within 180 days of passage of this bill. The agency also will be required to submit an annual report to the governor, auditor general, the Senate Urban Affairs and Housing Committee, and the House Commerce Committee, as well as make it available to the public on its website. Funding for the program will require an appropriation by the General Assembly. Please consider joining me in sponsoring this legislation. |
Introduced as HB1320