Pennsylvania Housing Agency Releases 2027-2028 Low-Income Tax Credit Plan
PHFA has published its 2027/2028 Qualified Allocation Plan, opening the door for developers to apply for Low-Income Housing Tax Credits.
The Pennsylvania Housing Finance Agency has released its 2027/2028 Qualified Allocation Plan, making it available to developers seeking Low-Income Housing Tax Credits, the agency announced from its Harrisburg headquarters.
Low-Income Housing Tax Credits, commonly known as LIHTCs, serve as a primary federal mechanism for incentivizing private investment in the construction and preservation of affordable rental housing. By publishing the Qualified Allocation Plan, PHFA formally sets out the criteria and priorities that will guide how those credits are distributed across the state during the upcoming funding cycle.
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The QAP release marks a critical starting point for housing developers in Pennsylvania, signaling that the application process is now open for projects that could expand or maintain the affordable housing stock in communities across the commonwealth. Developers must align proposed projects with the priorities outlined in the plan to be considered for credit allocations.
Affordable housing advocates and industry observers note that LIHTC programs remain among the most consequential tools available at the state level for addressing housing affordability, as federal direct spending on low-income housing has remained constrained in recent budget cycles.
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