Governor Tom Wolf yesterday announced awards totaling $41.6 million in low-income housing tax credits and $7.7 million in PennHOMES funding for the construction of 39 affordable multifamily housing developments in Pennsylvania. The tax credits are administered by the Pennsylvania Housing Finance Agency and were approved by its board.

"Tax credits are the best tool we have for funding the construction of affordable rental housing," said Governor Wolf. "Tax credits provide the incentive for investment, which in turn funds the construction. The end result is more affordable housing options for Pennsylvanians."

When completed, the developments receiving funding yesterday will preserve and create an additional 1,708 rental housing units for Pennsylvania residents.

We are so excited to announce that McKonly & Asbury Partner & Director of Affordable Housing Services, Elizabeth Harriger, was named last week as one of the Central Penn Business Journal’s 2019 Women of Influence! The Women of Influence Awards honor established business leaders with proven track records of community service and business accomplishments.

The outstanding women on this list influence others through their personal successes and achievements. Along with being a Partner at McKonly & Asbury, Elizabeth is Director of Affordable Housing Services, with over 20 years of extensive audit, tax, and consulting experience in the affordable housing industry. She leads the firm’s affordable housing team in tax and consulting and provides technical review and consultation for affordable housing audits. Elizabeth also provides low-income housing tax credit training to clients and other organizations. Active in the community, she is a Budget and Finance Committee member of the Helen O. Krause Animal Foundation, Inc., board member of the Cumberland County Affordable Housing Trust Fund, and volunteers with many other community organizations and her church.