The Pennsylvania Housing Finance Agency (PHFA) issued a revised Financial Reporting Manual in August 2015, and included within this manual are required procedures surrounding the electronic submission of audited financial statements. This electronic submission replaces the previous requirement to mail audited financial statements to PHFA. McKonly & Asbury had the opportunity to partner with PHFA to help develop and test this new initiative.
On November 10, 2015, members of the McKonly & Asbury affordable housing team had the privilege of attending the ribbon cutting ceremony for Mountain View Terrace in New Holland, Pennsylvania. This development brings an affordable housing option to seniors in northeastern Lancaster County. Welsh Mountain Home, Landis Communities, and Housing Development Corporation MidAtlantic partnered to complete this development.