Investing $100 Million for Affordable Housing!
“This is a big deal.” – Senator Hughes
Yesterday, I held a press conference at the New Courtland Apartments on Henry Avenue to highlight $100 million dollars that is now available through the Housing Options Program for the preservation and construction of new affordable housing units.
The funding was allocated as part of the state’s FY2022-23 budget and marks the largest increase in affordable housing investments in Pennsylvania’s history.
I was joined by affordable housing leaders and advocates from across Philadelphia to share details about the Housing Options Grant Program and discuss the significant need for investments in affordable housing.
During last year’s budget process, I was proud to advocate for investments that are part of the largest increase in PA’s support for affordable housing. Our work isn’t finished, but these additional funds will make a big difference in preserving existing affordable housing units and building new ones. The Housing Options Program grant and increased investments in affordable housing means more options for low-income individuals, more access to dependable places to live, and more opportunities for neighborhood revitalization.
Did you know… the National Low Income Housing Coalition estimated that Pennsylvania lacks nearly 270,000 affordable units for those at or below 30% of area median income.
We need more affordable housing options. We know this isn’t just a Philly issue or something that only cities deal with. Across Pennsylvania, access to affordable housing is a top concern. I’ve been fighting in Harrisburg for more investments in what I believe is one of the most basic necessities- housing that is secure, safe, and dependable.
I’ll be sure to share updates as I continue to work with my colleagues, both in Harrisburg and Philadelphia, to secure more housing investments and opportunities.