Matzie: Monaca project awarded $1.2 million state tax credit

Financing will help construction of 39-unit housing building

AMBRIDGE, NOV. 10 – A four-story 39-unit housing building in Monaca has been awarded $1.2 million in state housing tax credit funding, state Rep. Rob Matzie announced today.

“This marks another major state financial investment in our communities,” said Matzie, D-Beaver. “Since taking office I’ve worked here and in Harrisburg to leverage these kinds of investments to help fund local projects, and I am dedicated to continuing to do so. This is a very competitive funding program, and I want to congratulate Monaca, and all the people who worked to make this happen.”

The $1.2 million tax credit was awarded today by the Pennsylvania Housing Finance Agency through the Pennsylvania Housing Affordability and Rehabilitation Enhancement program.

More information on the tax credits is available at