Central Keystone Living - Spring 2018 - 34

The Pennsylvania Housing Finance Agency

Has Helpful Resources for Homebuyers

They don't just provide home loans; they help people become successful homeowners
By Scott Elliott,
Director of Communications, PHFA

T

he Pennsylvania Housing Finance
Agency, known as PHFA, oversees a
variety of programs to help renters,
homebuyers and homeowners, and it's been
recognized nationally for many of its housing
initiatives. In fact, in 2016 Money magazine
ranked Pennsylvania as tops in the country
for its number of programs to help homebuyers. So if you're in the market for a home
and you haven't checked out PHFA, maybe
it's time you did.
Some people wrongly assume that PHFA
can't help them because their income level
is too high. But that may not be the case.
That's why all homebuyers are encouraged
to check out their eligibility for a PHFA loan
early in their home search. For instance, the
income limit to qualify for a PHFA home
loan for a household of three or more peo34

Central Keystone Living // SPRING 2018

Autumn Summerville works in PHFA's Homeownership Division. PHFA has been
offering affordable home loans for Pennsylvania homebuyers since 1982.
ple in Dauphin and Cumberland counties is
$85,900. The income limit for Perry County
for a family of similar size is $104,500. That's
probably higher than you assumed!

So now that they've gotten your attention,
let's look at how PHFA may be able to help
you in the search for your dream home.



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