About PHFA

The Pennsylvania Housing Finance Agency is the Commonwealth's leading provider of capital for affordable homes and apartments. Created to help enhance the quality and supply of affordable homes and apartments for older adults, persons of modest means, and persons with disabilities, the Agency operates homeownership programs, rental housing development initiatives, and a foreclosure prevention effort.

In its nearly 35 years of existence, PHFA has provided $8,000,000,000 of funding and tax credits for home mortgage loans and apartment units, while saving the homes of tens of thousands of families from foreclosure.

In addition to its major programs, the Agency conducts housing studies, promotes counseling and education for renters and homebuyers, encourages supportive services at apartments it has financed, administers rent subsidy contracts for the federal government, and acts as an advocate to promote the benefits of decent, affordable shelter for those who need it most.

PHFA also has a significant effect on employment. Its homeownership and multifamily rental programs offer vendors excellent business opportunities in the fields of real estate sales, development, law, construction, architecture, engineering, lending, housing management, and related disciplines. Other Agency-related measures affect employment and industry in a wide variety of fields and professional disciplines.

By carrying out its mission, PHFA helps make the Commonwealth a great place to call home.