Preservation Programs

Agency-Financed Section 8 Properties

From 1975-1983, the Agency provided financing to a number of developments funded under a federally authorized state agency Section 8 Set Aside Program. These properties were financed with mortgages funded through Agency revenue bonds. The Agency regularly administers the Section 8 contracts and monitors program compliance and the physical condition of the properties. The Agency has established Section 8 Preservation Guidelines in order to ensure that these properties continue to be affordable while allowing the owners to prepay their outstanding Agency mortgage. For more information, contact Carl Dudeck, Jr., at 717.780.3896 with any questions regarding these guidelines.

Preservation Through Smart Rehab Program

The Preservation through Smart Rehab Program (Smart Rehab) is a multifamily affordable rental housing preservation program that provides financing for capital improvements that result in a measurable reduction in energy consumption and utility costs.

The Weatherization Assistance Program (WAP) resources of the Preservation through Smart Rehab Program are finite, and must be fully expended within certain timeframes. In an effort to deploy the resources as expeditiously as possible, PHFA intends to proceed with awarding funds to developments that meet the requirements of the weatherization program on a "first-come, first-served" basis, whereby efficiency in deployment will be prioritized.