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PA SB609
Bill
Status
4/9/2025
Primary Sponsor
Amanda Cappelletti
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AI Summary
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Modifies the cap on county affordable housing program fees from 100% of amounts charged on February 12, 1993 to 100% of current county fees for recording deeds and mortgages
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Requires counties collecting affordable housing fees to submit annual reports to a new advisory committee by July 1 each year, detailing total funds collected, allocations for housing efforts and administrative costs, and program descriptions
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Establishes the Pennsylvania Affordable Housing Advisory Committee within the Pennsylvania Housing Finance Agency, chaired by the PHFA Executive Director
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Advisory committee consists of 22 Governor-appointed members representing counties, housing advocates, developers, construction trades, mortgage lenders, disability advocates, renters, low-income families, and other housing stakeholders serving staggered three-year terms
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Committee must meet quarterly, review county reports, and submit annual reports to the legislature by January 1 each year with recommendations to address affordable housing challenges and improve program efficiency
Legislative Description
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.
Last Action
Referred to Urban Affairs & Housing
4/9/2025