I introduced a bill that would create an affordable housing trust fund. This legislation would enable the Pennsylvania Housing Finance Agency to build, rehabilitate or preserve housing for low-income and moderate-income people, the elderly and people with disabilities.
Providing adequate housing is critical to economic vitality and serves as an economic stimulus to communities.
Creating an affordable housing trust fund is just one tool that could help keep existing owners in their homes and would give many more people a fair chance to achieve the American dream of homeownership.
Currently, more than 15,000 Pennsylvanians are homeless and more than 90,000 families statewide are on various housing authority waiting lists. These numbers are unacceptable.
Thirty-eight other states have already created such funds to stimulate production of affordable housing. Let’s help make Pennsylvania number 39!
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