Harrisburg City Council incentive program for developers
Affordable housing has been a concern in Harrisburg proper for quite a while now. Discussions in City Hall about how to address the burgeoning problem have been taking place, seemingly ad nauseam.
PHFA creates forgivable loan for down payments, closing costs
In an effort to expand affordable housing opportunities throughout the state, the Pennsylvania Housing Finance Agency (PHFA) recently launched a loan to help with the purchase of a new home. But the catch with the new loan is that it is Forgivable In Ten years, thus the name it is known by – K-FIT (The K is short for Keystone).
Eliminating escrow component may bring more activity to real estate
These kinds of fees are troublesome for Millennials, many of whom make up the homebuying market and who are often dealing with student loan debt as they look to purchase their first home.
Using tax law to create new housing opportunities
Driving around your community you are probably starting to see more and more commercial properties that are vacant. Some were stores that recently vacated. Some have been sitting dormant with a “For Lease” sign on the property for a year or two.
