Pennsylvania Housing Finance Agency Issues RFP for Mixed-Use Development Projects
The Pennsylvania Housing Finance Agency (PHFA) has issued a Request for Proposals to fund mixed-use development projects through its Community Revitalization Fund Program. The initiative prioritizes revitalizing commercial and retail corridors in third-class cities by supporting the construction or rehabilitation of buildings that combine residential, retail, and commercial spaces. This year's funding allows PHFA to allocate $4.5 million from state tax credit proceeds for eligible projects such as building re-use, structural conversions, and new housing developments. Applications are open until October 30, 2026, with local governments, redevelopment authorities, non-profits, and economic development organizations all encouraged to apply. The program was established in the fiscal year 2017/18 budget and aims to stimulate broader investment by supporting neighborhood revitalization. PHFA's Executive Director Robin Wiessmann emphasized its role as a catalyst for community growth.