Marcellus Shale Impact Fee legislation funding notice

NOTICES

HOUSING
FINANCE AGENCY

Proposed Plan Implementing PHARE Act Funding and Invitation for Public Comment

[42 Pa.B. 1199]
[Saturday, March 3, 2012]

The Pennsylvania Housing Affordability and Rehabilitation Enhancement Fund (PHARE Fund) was established by the act of November 23, 2010 (P. L. 1035, No. 105) to provide a structure by which certain State and Federal funds may be used to support affordable housing throughout this Commonwealth. The Housing Finance Agency (Agency) administers the PHARE Fund. Under the recent enactment of the Marcellus Shale Impact Fee legislation, the act of February 14, 2012 (P. L. 87, No. 13), funds are expected to become available to the PHARE Fund.
To administer the PHARE Fund, the Agency must adopt a plan, after public comment.
By this notice, the Agency is specifically inviting public comment on the Proposed Plan, which is available at www.phfa.org or by contacting Bryce Maretzki at bmaretzki@phfa.org.
The comment period will be open for at least 45 days from the date of publication. Written comments will be accepted as directed in the Proposed Plan and will be available for public inspection.