Affordable Housing Projects in Philly Receive a Financial Boost

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Four new affordable housing projects in Philadelphia will receive almost $1 million in grant money. Congressman Chaka Fattah announced last month that the Federal Home Loan Bank of Pittsburgh’s Affordable Housing Program will provide grants of over $200,000 to sponsors of projects that are dedicated to housing veterans, homeless families, and the mentally ill. According to The Daily Pennsylvanian, FHL Bank will take new applicants for its grant program starting July 8th, and announce the winning sponsors for 2013 on December 19th. (Photo: Courtesy People’s Emergency Center)

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