HARRISBURG, PA – MARCH 30, 2023: Today, Senate Democratic Appropriations Chairman Vincent Hughes (D-Montgomery/Philadelphia) announced applications have officially opened for the Housing Options Grant Program-Multi-family (HOP-MF) Program.
The $100 million program, which is further detailed below, was established as part of the 2022-2023 Pennsylvania State Budget and funds will be used to construct and rehabilitate affordable housing units. It is funded by the American Rescue Plan Act (ARPA.) The Pennsylvania Housing Finance Agency (PHFA) is operating the HOP-MF Program.
“My Democratic colleagues and I were able to work across party lines to deliver major investments in housing in the last budget. We are thankful for the leadership from our former governor, Tom Wolf, President Biden, and our leaders in Congress who helped make this possible,” said Senator Hughes. “Investing in affordable housing is a crucial way we can restore and rebuild our neighborhoods and make the future of our communities brighter than ever. All families deserve a safe and healthy place to call home. Eligible parties should apply now!”
The HOP-MF program is comprised of three subprograms: the Emergency Grant Initiative, the Preservation Initiative, and the New Construction Initiative.
- The Emergency Grant Initiative is designed to provide funding for “emergency” repairs to existing deed-restricted affordable housing throughout Pennsylvania so that existing tenants are not displaced.
- The Preservation Initiative is designed to provide funding to rehabilitate properties on a non-emergency basis with the goal of creating/extending the affordability period and making sufficient repairs to the property to ensure the stability of the building through the affordability period.
- The New Construction Initiative/Construction Conversion Initiative is designed to provide financing for the construction of affordable rental properties.
Applications for the HOP-MF program are open through Mayo 23, 2023, 4pm EST.
The application is available online at Housing Options Grant Program Multi-family Application – HOPMF (hopmfphfa.org).
All grants will be awarded no later than Diciembre 31, 2024, and all funding must be spent by Diciembre 31, 2026.
The full PHFA HOP-MF Program guidelines, eligibility requirements, and much more can be found here.