For Housing Developers: FHLBank Pittsburgh 2017 Affordable Housing Programs Forms Now Available

RHLS housing development clients often receive funding for their projects from the Federal Home Loan Bank of Pittsburgh. In preparation for the application period, the following resources are available for applicants and have been shared from the bank‘s website:

The 2017 funding round of the Affordable Housing Program (AHP) will open on Tuesday, June 6, with approximately $23 million in available funding.
All 2017 forms, guides, and application attachments are currently available on the Bank’s website. Forms may be downloaded and completed now in preparation for upload to the system when it opens on June 6.

AHP webinars available:
AHP 101 Webinar – Detailed webinar focusing on the AHP process, including key scoring and feasibility issues, how to apply, key dates and other important information regarding the 2017 funding round.
Community Stability Webinar – Mini-webinar providing tips for the community stability scoring section of the AHP application.
AHP Member Webinar – FHLBank-member-specific webinar that primarily focuses on issues relevant to participating members, covering AHP basics and the specific role and responsibilities members have in the application process and beyond.
Want to get involved but need a partner? Members and project sponsors looking for a member/sponsor partner for this year’s AHP round can receive matching help through the “Matching Request” tab in the request form.
As a reminder, 2017 AHP applications are due on Thursday, Aug. 10. The awarded projects will be announced on Thursday, Dec. 14. Early application planning will help your application be more competitive for funding!
AHP is one of the Bank’s community dividends – community grant and financing products, funded by Bank cooperative activity, that are available as a benefit to member institutions. If you have questions about the AHP program or webinars, please contact Megan Krider at 800-288-3400, ext. 4577, or megan.krider@fhlb-pgh.com.

Basic Utility Needs Simply Unaffordable For Some Families: From the Legal Intelligencer

The ability to connect and maintain utility service is essential for a household’s health, safety and wellbeing. Lack of service results in eviction, loss or denial of public housing, chronic health problems, the risk of removal of one’s children from the home, and a host of other equally horrific outcomes. Low-income individuals are particularly at risk of termination, and often choose between utility service and other critical needs like food, health care, medicine, transportation and child care. Unfortunately, for too many Pennsylvanians, essential utility service—electricity, water and a heating source—are simply unaffordable. Across the state, more than 1 million households have total household income of less than 150 percent of the federal poverty guidelines, which for a family of four, is no more than $36,450 per year. These households pay between 9 and 30 percent of their income toward energy costs. By contrast, energy burdens for median to high-income households are between 3 and 5 percent. Continue reading “Basic Utility Needs Simply Unaffordable For Some Families: From the Legal Intelligencer”

Jack Stucker Works with PACDC on Concerted Community Revitalization Plan Comments

RHLS Staff Attorney, Jack Stucker, led a collaboration with the Philadelphia Association of Community Development Corporations (PACDC) and member organizations to develop and submit comments to IRS Notice 2016-77.

This notice deals with important questions about what constitutes a Concerted Community Revitalization Plan for the purposes of siting preference for Low-Income Housing Tax Credit projects.

Read the comments here to see the committee’s recommendations.

thumbnail of Notice 2016-77 Philadelphia Association of Community Development Corporations Comments

 

Judy Berkman Honored by Philadelphia Chinatown Development Corporation for Legal Work

The Philadelphia Chinatown Development Corporation (PCDC) honored Regional Housing Legal Services, Senior Counsel, Judy Berkman, with their Community Service Award on February 3rd.

Judy has worked with PCDC on multiple development projects, including The Eastern Tower, which will include a community center as well as 143 apartments and other residential developments in the neighborhood.

Continue reading “Judy Berkman Honored by Philadelphia Chinatown Development Corporation for Legal Work”