Podcast: Creating a housing trust fund could boost PA economy

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A housing trust fund provides a dedicated source of revenue for the housing market, according to Liz Hersh, executive director of the Housing Alliance of PA. “Investing in housing helps the local economy as well as those individuals who can get a home that they can afford and sustain,” Hersh added. Pennsylvania stands to receive nearly $40 million in funding from the federal stimulus program. The PA Association of REALTORS® supports the Housing Alliance’s efforts to create a statewide housing trust fund. Currently, HB 60 is up for consideration in the state legislature. If enacted, Pennsylvania will join 38 other states that have created housing trust funds.

Duration: 2:50

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Tags: fund, housing, podcast, trust

This entry was posted on Monday, March 1st, 2010 at 6:05 am and is filed under Real Property Podcasts. You can follow any responses to this entry through the RSS 2.0 feed.