PRINTER'S NO. 786
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE RESOLUTION
No.
61
Session of
2023
INTRODUCED BY STURLA, IRVIN, FLICK, MALAGARI, CEPEDA-FREYTIZ,
McANDREW, HILL-EVANS, KHAN, BULLOCK, FREEMAN, HADDOCK,
NEILSON, TAKAC, SANCHEZ, TWARDZIK, SMITH-WADE-EL, CONKLIN AND
MEHAFFIE, APRIL 3, 2023
REFERRED TO COMMITTEE ON HOUSING AND COMMUNITY DEVELOPMENT,
APRIL 3, 2023
A RESOLUTION
Designating May 3, 2023, as "Pennsylvania Housing Finance Agency
Day" in Pennsylvania.
WHEREAS, The Pennsylvania Housing Finance Agency (PHFA) was
created by legislative statute in 1972 to expand affordable
housing opportunities for Pennsylvania residents; and
WHEREAS, PHFA works to provide affordable housing options for
seniors, low-income and moderate-income families and people with
special housing needs; and
WHEREAS, Since 1982, PHFA has provided affordable home loans,
helping hundreds of thousands of Pennsylvanians ready for the
responsibility and advantages of homeownership; and
WHEREAS, PHFA helps homebuyers and homeowners to purchase and
improve their homes with closing cost and down payment
assistance, home accessibility loans, energy-efficiency
improvement financing and affordable loans for public sewer
connections and on-lot septic systems; and
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WHEREAS, PHFA is the administrator of Federal Low Income
Housing Tax Credits that for decades has helped fund the
construction of thousands of affordable rental units across this
Commonwealth; and
WHEREAS, PHFA led the effort to launch PAHousingSearch.com in
this Commonwealth, helping the State's residents find rental
housing in their community that best fits their needs and their
budget; and
WHEREAS, PHFA works to encourage supportive services for
seniors to help them live independently longer and avoid
institutional housing; and
WHEREAS, Since 2012, PHFA has administered the Pennsylvania
Housing Affordability and Rehabilitation Enhancement Fund,
providing hundreds of millions of dollars in financial
assistance to support impactful local housing initiatives in all
67 counties; and
WHEREAS, Since 1983, PHFA has administered the Homeowners'
Emergency Mortgage Assistance Program, which has become a
national model for foreclosure prevention; and
WHEREAS, PHFA has created a Statewide housing counseling
network that provides housing, homebuying, foreclosure
prevention and personal money management counseling at no cost
to the Commonwealth's residents, helping them make smarter
housing choices; and
WHEREAS, PHFA's community development arm, Commonwealth
Cornerstone group, administers Federal New Markets Tax Credits
to fund mixed-used developments that spark economic
revitalization in low-income and rural communities across this
Commonwealth; and
WHEREAS, PHFA regularly partners with Federal Home Loan Bank
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Pittsburgh to fund programs Statewide that help individuals and
families facing homelessness; and
WHEREAS, PHFA annually supports a Housing Policy Fellowship
and regularly funds critical housing research that it shares
publicly to help guide housing policy decisions in this
Commonwealth; and
WHEREAS, PHFA runs a call center and conducts extensive
public outreach to inform this Commonwealth's residents of its
many helpful housing services and programs; and
WHEREAS, PHFA programs and operations are funded primarily
through the sale of securities and from fees paid by program
users, not by public tax dollars; and
WHEREAS, Since its creation, PHFA has generated more than
$16.9 billion of funding for more than 191,870 single-family
home mortgage loans, helped fund the construction of 103,328
rental units, distributed approximately $239 million to support
local housing initiatives and saved the homes of more than
50,660 families from foreclosure; and
WHEREAS, The Executive Director and CEO of PHFA is currently
Robin L. Wiessmann, who took over in 2020 after the retirement
of longtime Executive Director and CEO Brian Hudson; therefore
be it
RESOLVED, That the House of Representatives recognize May 3,
2023, as "Pennsylvania Housing and Finance Agency Day" in
Pennsylvania; and be it further
RESOLVED, That the House of Representatives congratulate the
Pennsylvania Housing Finance Agency Director and CEO Robin L.
Wiessmann and celebrate the work the agency has done to make
this Commonwealth a better place to live while fostering
community and economic development and providing capital for
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decent, safe and affordable homes and apartments for older
adults, people of modest means and those with special housing
needs.
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