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Alerts & Notices (Alertas)
  • PHFA will be closed Monday, May 27, 2024.

PHFA Timeline

The following is just a brief list of events in PHFA history. The full PHFA Timeline is available.

1972

  • Created by statue at the end of 1972, PHFA becomes operational the following year.

1973Easton Senior Citizens Apartments

  • PHFA first development: Easton Senior Citizens Apartments.

1974

  • Federal Section 8 Program is authorized.

1977

  • PHFA sells first advance refunding bond issue in the country.

1982

1983

  • HEMAP legislation (Act 91) passes on December 23.

1984Foreclosure prevention housing counselor

1986

1988

1991

1994

1995

  • Federal HOME program funding with DCED begins for single and multifamily programs.

1997

  • PHFA celebrates its 25th anniversary and holds its first statewide housing forum.

1998

  • PHFA's website goes live.

1999PHFA New Headquarters at 211 N Front St

  • All PHFA loans now serviced in-house.
  • Single Family Access program for people with disabilities (in conjunction with Governor's Disability Agenda).

2001

  • PHFA teams with Penn State Data Center to conduct statewide housing study.

2004

2005

2007PA Apartment Locator website

  • PHFA launches the Pennsylvania Apartment Locator (PAL) – a web-based resource for finding affordable rentals anywhere in the state. Later outsourced to PAHousingSearch.com.
  • PHFA's Renovate and Repair (R&R) program is started to help homeowners avoid predatory loans when securing financing to repair and improve their homes.
  • The Refinance to an Affordable Loan (REAL) and Homeowners' Equity Recovery Opportunity (HERO) programs are launched to help homeowners who had obtained unaffordable predatory and subprime loans during the housing bubble of the mid-2000's.

2008

  • PHFA launches the Preservation Through Smart Rehab program to help older multifamily apartments contain operating costs.
  • PHFA partners with the State Treasury Dept to offer new alternative energy improvement loans.

2009

  • PHFA announces $1 M grant from John D. & Catherine T. MacArthur Foundation to help reduce utility expenses for needy families.

2010

2011

  • PHFA launches PAHousingSearch.com in partnership with PEMA, DPW & DCED. The program helps displaced PA families after Hurricane Irene & Tropical Storm Lee. Originally the PAL site launched in 2007.

2012

  • The state legislature tasks PHFA with administering the PHARE program.

2013

2014

2015Securing Your Financial Housing website

2016

2018

  • PAHousingSearch.com relaunched with enhancements.
  • PHFA selected as Best Mortgage Company in Readers' Choice Awards.

2019

  • PHFA launches three new consumer podcasts.

2020Executive Director Brian Hudson

2021

  • PHFA launches new KFIT purchase assistance loan.

2022

  • The state legislature tasks PHFA with administering the PHARE program
  • K-FLEX home loan program launched.
  • PHFA one of six HFAs in the country to receive Robert Wood Johnson Foundation grant.