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Faces of Affordable Housing

PHFA Approves 2017/2018 Qualified Allocation Plan

PHFA_logo_300The Pennsylvania Housing Finance Agency (PHFA) approved the final 2017/2018 Qualifed Allocation Plan (QAP).

Applicants will be required to submit an Intent to Submit a Tax Credit Application - Fact Sheet and Development Synopsis on or before July 7, 2017. The entire application package is due to PHFA by 3:00 p.m. on September 8, 2017.

Announcements of the 2017/2018 funding is expected in the Spring of 2018.

PHFA will hold a Pre-Application Workshop on May 10, 2017, at the Crowne Plaza Harrisburg/Hershey from 1:00 - 4:00 pm.

McKonly & Asbury is a leader in preparing and consulting on low-income housing tax credit applications in Pennsylvania. Our team is passionate about making your application a success. We have a comprehensive understanding of the challenges and nuances of structuring a low-income housing tax credit deal. We are able to assist you in putting the entire application package together for submission, or we can review your application and provide suggestions for optimizing points for PHFA scoring. We will help you maximize your tax credits and, therefore, increase your equity proceeds. For more information, please contact us at [email protected]


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