Pennsylvania. Housing Finance Agency

Organization

Staff Only

Dates

Existence: 1972 - Present

Biography

Since its creation by the legislature in 1972, PHFA has generated more than $15.1 billion of funding for more than 181,660 single-family home mortgage loans, helped fund the construction of 138,000 rental units, distributed more than $121 million to support local housing initiatives, and saved the homes of more than 50,400 families from foreclosure. PHFA programs and operations are funded primarily by the sale of securities and from fees paid by program users, not by public tax dollars. The Agency is governed by a 14-member board. * These figures were last updated on Jan 4, 2021.

PHFA is a state-affiliated agency. Our employees do not participate in the state pension program and do not participate in the Commonwealth's employee benefit programs. PHFA's programs and operations are funded through the income we generate through investment activity, through program fees and through financing programs.

Found in 1 Collection or Record:

Commerce Committee, 2007-2008

Collection

Identifier: ST2007_05

Scope and Contents The 2007-2008 Session Commerce Committee handled all typical topics addressed by the Commerce Committee, however, they also addressed some issues specific to this session. For example, at the forefront of the Committee's concerns were the mortgage problems which the entire nation faced during this time. The Committee dealt with a package of six bills (House Bills 1079, 1080, 1081, 1082, 1083 and 1084) known as the Mortgage Reform Package in order to address some of those concerns. ...

Dates: 2007 - 2008

Found in: Pennsylvania House of Representatives Archives / Commerce Committee, 2007-2008