From Housing Alliance of Pennsylvania (http://www.housingalliancepa.org/):
State Senators Elder Vogel and Art Haywood, along with State Representative Matt Dowling, have circulated co-sponsorship memos to raise the cap on PHARE funding.
Identical House and Senate memos propose eliminating the $40 million limit on RTT funds deposited into the PHARE Fund annually and instead employ a tiered cap approach over three fiscal years, to end with a final cap of $100 million in 2024-25. In years 2022-23, the cap would be raised to $55 million, in 2023-24 the cap would raise to $75 million, and in the final years of 2024-25, the cap would reach its new limit of $100 million.
This is a first, but important, step in the legislative process because it announces the details of forthcoming legislation and invites legislators to officially register their support as co-sponsors. Once the bills are drafted and receive a number, they are anticipated to be referred to the Senate and House committees on Urban Affairs.
The following links will take you to the memos:
Now is the time to contact your legislators and ask them to co-sponsor.
Stay tuned for updates regarding this important Raise the Cap initiative.
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