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PA SB609

PA SB609
In optional affordable housing funding, further providing for affordable housing programs fee in counties and providing for reporting requirements and for Pennsylvania Affordable Housing Advisory Committee; and imposing duties on the Pennsylvania Housing Finance Agency.


summary

Introduced
04/09/2025
In Committee
04/09/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

Amending Title 53 (Municipalities Generally) of the Pennsylvania Consolidated Statutes, in optional affordable housing funding, further providing for affordable housing programs fee in counties and providing for reporting requirements and for Pennsylvania Affordable Housing Advisory Committee; and imposing duties on the Pennsylvania Housing Finance Agency.

AI Summary

This bill creates a new framework for affordable housing funding and oversight in Pennsylvania by establishing reporting requirements for counties collecting affordable housing program fees and creating a new Pennsylvania Affordable Housing Advisory Committee. The bill modifies existing law to allow counties to levy fees up to 100% of their current recording fees for deeds and mortgages, and requires counties collecting these fees to submit annual reports to the new advisory committee detailing the total amount collected, how the funds were allocated (for affordable housing efforts and administrative costs), and describing their specific housing efforts. The advisory committee, housed within the Pennsylvania Housing Finance Agency, will be composed of 20 members representing diverse stakeholders including county representatives, housing advocates, real estate professionals, developers, and community organizations. This committee will meet quarterly, review county reports, and produce an annual report to legislative committees with recommendations for improving affordable housing efforts. Committee members will serve staggered three-year terms, will not be compensated, but can be reimbursed for expenses, and will have the power to advise the Housing Finance Agency and counties on expanding and improving affordable housing initiatives. The bill takes effect 60 days after its passage.

Committee Categories

Housing and Urban Affairs

Sponsors (6)

Last Action

Referred to Urban Affairs & Housing (on 04/09/2025)

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