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PHFA announces PHARE funding for nearly 400 affordable housing initiatives across all 67 counties in Pennsylvania

PHFA announces PHARE funding for nearly 400 affordable housing initiatives across all 67 counties in Pennsylvania

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$73 million will fund 387 housing initiatives; 2024-25 bipartisan budget nearly doubles the Commonwealth's commitment to affordable housing by raising the PHARE Fund cap to $100 million per year by 2027
HARRISBURG, Pa., June 11, 2025 /PRNewswire/ -- The Pennsylvania Housing Finance Agency today announced recipients of a new round of funding for housing programs made available through the Pennsylvania Housing Affordability and Rehabilitation Enhancement fund. PHFA has identified 387 housing and community development initiatives in all 67 counties that will share a portion of the total $73 million in PHARE funding for fiscal year 2024-25. The PHARE fund is managed by PHFA.
"PHARE is one of the most effective tools we have to expand access to safe, affordable housing in every corner of the Commonwealth," said Governor Josh Shapiro. "That's why we've nearly doubled our investment in this program — because it works. Local communities know what they need, and PHARE gives them the resources to meet those needs, tackle the housing crisis, and help more Pennsylvanians stay in their homes. My budget proposal this year builds on that success by raising the PHARE cap to $110 million by 2028 — so we can build more homes, repair more aging properties, and deliver real results for the people of Pennsylvania."
Funding for these PHARE awards comes from two main sources. Since 2012, the program has received a portion of the impact fees collected from natural gas companies operating in the state with the goal of addressing the housing shortage caused by the impact of drilling. That is supplemented with funding provided by a portion of the realty transfer tax. The PHARE fund is often referred to as the state's Housing Trust Fund.
"I'm impressed each year with how well local organizations target PHARE dollars to address communities' housing needs," said PHFA Executive Director and CEO Robin Wiessmann. "We stress to applicants that their requests must demonstrate how PHARE money will be leveraged with other funding sources to make the largest housing impact possible, and that approach has significantly expanded PHARE's financial investment again this year."
PHFA anticipates that today's PHARE funding will assist Pennsylvania households through a variety of affordable housing efforts, including:
270 new, affordable housing units will be created with PHARE funds;
2,050 affordable housing units will be preserved/rehabilitated;
56 new single-family homes will be created;
140 housing units will be created or rehabilitated specifically for households in danger of homelessness;
122 potential new homebuyers will receive down payment and closing cost assistance;
More than 11,400 families/households will receive housing counseling and financial education; and
More than 13,900 families/households in danger of homelessness will receive housing assistance (rent, utility, transportation) through PHARE-funded programming.
PHFA staff report that at least $49 million (67%) of the $73 million allocated today will be used to fund housing projects benefiting households with incomes below 50% of the area median income.
A list of the proposals receiving PHARE funding is available at www.phfa.org/legislation/act105.aspx. See the bullet for "Funding Announcements."
Expanding PHARE to Deliver Safe, Affordable HousingGovernor Shapiro's 2024–25 bipartisan budget made major strides to address Pennsylvania's housing crisis — nearly doubling the Commonwealth's commitment to affordable housing by raising the PHARE Fund cap to $100 million per year by 2027. PHARE remains the state's most flexible and effective tool to build, preserve, and repair affordable housing across all 67 counties.
Building on that progress, the Governor's 2025–26 budget proposal invests an additional $10 million in PHARE and makes the largest overall investment in housing in Commonwealth history. It also advances efforts to keep Pennsylvanians in their homes — including $50 million for a new statewide housing repair fund, $10 million to help first-time homebuyers, and targeted eviction sealing reform. These investments, combined with the forthcoming statewide Housing Action Plan, reflect a bold and coordinated strategy to expand access to safe, affordable housing across Pennsylvania.
About PHFAThe Pennsylvania Housing Finance Agency works to provide affordable homeownership and rental housing options for older adults, low- and moderate-income families, and people with special housing needs. Through its carefully managed mortgage programs and investments in multifamily housing developments, PHFA also promotes economic development across the state. Since its creation by the legislature in 1972, it has generated more than $19.7 billion of funding for more than 205,147 single-family home mortgage loans, helped fund the construction of 110,284 rental units, distributed approximately $362 million to support local housing initiatives, and saved the homes of more than 51,400 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.
Media contactScott Elliott717-649-6522 (cell)selliott@phfa.org
View original content:https://www.prnewswire.com/news-releases/phfa-announces-phare-funding-for-nearly-400-affordable-housing-initiatives-across-all-67-counties-in-pennsylvania-302479368.html
SOURCE Pennsylvania Housing Finance Agency

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Blueprint Medicines Announces Data Reinforcing Sustained Clinical Efficacy and Well-Tolerated Safety Profile of Long-Term AYVAKIT®/AYVAKYT® (avapritinib) Treatment at 2025 EHA and EAACI Congresses
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Blueprint Medicines Announces Data Reinforcing Sustained Clinical Efficacy and Well-Tolerated Safety Profile of Long-Term AYVAKIT®/AYVAKYT® (avapritinib) Treatment at 2025 EHA and EAACI Congresses

-- Breadth of presentations, including one oral and two flash talks, showcase Blueprint Medicines' leadership role in advancing care for patients with systemic mastocytosis -- CAMBRIDGE, Mass., June 12, 2025 /PRNewswire/ -- Blueprint Medicines Corporation (Nasdaq: BPMC) today announced data presentations reflecting over a decade of collaboration with clinical experts and patient advocates to transform the treatment of systemic mastocytosis (SM). Key results continue to position AYVAKIT®/AYVAKYT® (avapritinib) as the durable standard of care across indolent and advanced SM, and highlight the real-world burden of the disease, reinforcing the importance of treating with a therapy that addresses the root cause of SM. These data will be reported at the 2025 European Hematology Association (EHA2025) Hybrid Congress, being held June 12 to 15 in Milan, Italy, and the European Academy of Allergy and Clinical Immunology (EAACI) Congress 2025, being held June 13 to 16 in Glasgow, United Kingdom. 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PIONEER Three-Year Data: Durable Clinical Benefits and Consistent Safety Profile with Long-Term AYVAKIT Use in ISM As previously presented,1 AYVAKIT demonstrated robust improvements through 144 weeks in overall symptom and symptom domain measures (skin, gastrointestinal, neurocognitive) representative of real-world patient impacts. AYVAKIT showed a well-tolerated safety profile and a low discontinuation rate due to treatment-related adverse events (TRAEs; 3 percent) with a median of three years of exposure, and some patients out to five years on therapy. Common TRAEs included low-grade edemas, headache and nausea. In newly reported data, AYVAKIT showed sustained clinical benefits across quality-of-life measures that reflect general health status and are broadly recognized by allergists/immunologists, validating previously presented results from the disease-specific, Mastocytosis Quality of Life (MC-QoL) questionnaire. 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Data Presentations EHA2025 Congress Oral Presentation: The Revised Mutation-Adjusted Risk Score (MARS-R) for Predicting Overall Survival in Patients with Advanced Systemic Mastocytosis Treated with Midostaurin or Avapritinib (Abstract S216) Poster Presentation: Blood-Based Proteomics for Deeper Insights Into Indolent Systemic Mastocytosis: The PIONEER Trial Experience (Abstract PS1838) Poster Presentation: High Accuracy of Peripheral Blood Testing Using Machine Learning–Derived Predictive Models to Distinguish Advanced from Indolent Systemic Mastocytosis: Analysis of Avapritinib and Elenestinib Trial Data (Abstract PF1310) Publication-Only Abstract: Phase 2/3 HARBOR Study of Elenestinib in ISM: A Trial-in-Progress Update of Novel Endpoints and Biomarkers Aimed at Evaluating Disease Modification (Abstract PB3108) EAACI Congress 2025 Flash Talk Presentation: Favorable Benefit-Risk Profile of Avapritinib in Indolent Systemic Mastocytosis Is Maintained After 3 Years of Therapy: Longer-Term Analysis of the PIONEER Study (Abstract 000621) Flash Talk Presentation: The Socio-Emotional Impact of Indolent Systemic Mastocytosis: Insights from the PRISM Survey (Abstract 000488) Poster Presentation: The Phase 2/3 Study of Elenestinib, a Highly Potent and Selective Tyrosine Kinase Inhibitor, in Patients with Indolent Systemic Mastocytosis (Abstract 001121) Data presentations are being made available in the "Science―Publications and Presentations" section of the company's website at About Systemic Mastocytosis Systemic mastocytosis (SM) is a rare disease driven by the KIT D816V mutation in about 95 percent of cases. Uncontrolled proliferation and activation of mast cells result in chronic, severe and often unpredictable symptoms across multiple organ systems. The vast majority of those affected have indolent systemic mastocytosis (ISM). A broad range of symptoms, including anaphylaxis, maculopapular rash, pruritus, diarrhea, brain fog, fatigue and bone pain, frequently persist in patients with ISM despite treatment with multiple symptom-directed therapies. This burden of disease can lead to a profound, negative impact on quality of life. Patients often live in fear of severe, unexpected symptoms, have limited ability to work or perform daily activities, and isolate themselves to protect against unpredictable triggers. Until 2023, there were no approved therapies for the treatment of ISM. A minority of patients have advanced SM, which encompasses a group of high-risk SM subtypes including aggressive SM (ASM), SM with an associated hematological neoplasm (SM-AHN) and mast cell leukemia (MCL). 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Dunhill Homes Announces $3,500 Closing Cost Incentive for Active Military at Skyview Community in Belton, TX
Dunhill Homes Announces $3,500 Closing Cost Incentive for Active Military at Skyview Community in Belton, TX

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Dunhill Homes Announces $3,500 Closing Cost Incentive for Active Military at Skyview Community in Belton, TX

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/C O R R E C T I O N -- SAMBAZON/
/C O R R E C T I O N -- SAMBAZON/

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/C O R R E C T I O N -- SAMBAZON/

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