Pennsylvania Study Reveals Risk to Affordable Rental Housing Supply
A new study by the Pennsylvania Housing Finance Agency (PHFA) reveals that more than 43,000 federally supported rental units in Pennsylvania face a loss of affordability within the next decade. The report highlights concerns over expiring affordability restrictions on nearly one-third of existing properties and warns about rising rents and costs impacting housing stability. The study emphasizes the importance of preserving affordable housing to support residents and businesses across urban and rural communities. It notes that more federally assisted units are set to lose their affordability than new ones being built, with 17 counties seeing expiring units represent at least a third of all subsidized housing in those areas. PHFA plans to use these findings to guide future investments. Enabled by Act 21 of 2026, PHFA will create an Affordable Housing Preservation Tracker for public access starting in 2027.