HB275

Providing for grants to subsidize home ownership; establishing the Pennsylvania Affordable Homeownership Subsidy Program; imposing duties on the Department of Community and Economic Development; and providing for report to General Assembly.

Introduced·1/22/25
Introduced Text

Pennsylvania HB275 establishes a subsidy program for affordable homeownership for households earning between 60% and 120% of the area median income.

Pennsylvania HB275 creates the Pennsylvania Affordable Homeownership Subsidy Program within the Department of Community and Economic Development. The program aims to subsidize affordable homeownership for households with incomes between 60% and 120% of the area median income. The Department will award grants to county applicants for various project types, including property acquisition, design services, and homebuyer assistance. The program also includes homeownership education and home repair initiatives.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Housing and Community Development Committee
Next
Committee decision

Sponsors

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14
0
Democratic CaucusRepublican Caucus

History

Jan 22, 2025

House

Referred to Housing & Community Development