News

PeoplesBank Supports College Avenue through NAP

The Neighborhood Assistance Program (NAP) through the Pennsylvania Department of Community and Economic Development is a critical way that community partners can support community and economic development, including affordable housing, in their local areas. Partnerships through NAP help to ensure that organizations receive the financial support they need to bring successful projects to neighborhoods throughout […]

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Chester County Preservation Initiative Rehabilitates 97 Apartments

Preservation of affordable housing is an important part of the work we do at HDC to ensure the longevity and continued affordability of apartments for the future. In March, HDC, in partnership with Mission First Housing Group, closed on the Chester County Preservation Initiative, which will rehabilitate and preserve 97 apartments in three communities in

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HDC Advocates to Double PHARE Dollars

The Pennsylvania Housing Affordability and Rehabilitation Enhancement Fund (PHARE), which is administered by the Pennsylvania Housing Finance Authority (PHFA), provides critical dollars to create, expand, and support local housing initiatives, including affordable housing. PHARE is funded through a 1% Realty Transfer Tax, which has allowed the program to grow. However, the cap for this funding

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