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FOR IMMEDIATE RELEASE |
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State
Rep. Peter J. Daley |
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MEDIA ADVISORY
House Commerce Committee to hold hearing on Pennsylvania Housing and Economic Revitalization Act
HARRISBURG, Nov. 2 –The state House Commerce Committee will hold a public hearing on legislation that would create the Pennsylvania Housing and Economic Revitalization Act.
The hearing will be held from 9:30 a.m. to 11 a.m. Tuesday, Nov. 10 in Room 60 East Wing of the Capitol Complex.
The committee chairman, state Rep. Peter J. Daley, D-Washington/Fayette, said H.B. 1776, introduced by state Rep. John C. Bear, R-Lancaster, would invest up to $100 million in the Pennsylvania economy by providing a $10,000 rebate (up to 5 percent of the purchase price) for new home purchases, $5,000 for qualified renovation projects and $2,500 toward the purchase of a previously owned home.
MEDIA COVERAGE IS INVITED.