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  • Homeowners are losing their properties to foreclosure at a faster rate than ever before in the history of Pennsylvania. If you own a home, this is not a time to procrastinate. Get in the driving seat and find out how you can save your home from foreclosure. The State of Pennsylvania provides help to families struggling to pay their mortgages through the Pennsylvania Housing Finance Agency.

    The Pennsylvania Housing Finance Agency (PHFA) has programs you can apply for if you are struggling to make ends meet and are worried you might lose your home. This three article series on Pennsylvania’s State Mortgage Aid will focus on providing practical guidance and advice on the current Pennsylvania Mortgage Assistance programs available to residents.

    Pennsylvania Low Income Energy Programs

    One of the biggest expenses of running a home is paying for the energy we use to keep it warm and run our energy-thirsty utilities. The State of Pennsylvania sponsors several programs to help low-income homeowners reduce their energy expenses.

    The Low-Income Rate Assistance program grants a lower rate for gas and electric utilities for qualifying low-income families. The program determines the rate a family pays towards their utilities based on its total income.

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    The Low-Income Energy Efficiency is a program set by the Low-Income Usage Reduction Program and supported by the main gas and electric utilities companies in the state. The program provides low income users with free training, payment restructuring (when users are behind in their payments) and assistance towards making homes more energy efficient.

    Keystone Renovate and Repair Program

    The Keystone Renovate and Repair program protects homeowners from fraudulent lenders who prey on the most vulnerable and guarantee homes receive the work they need at fair price. This program offers successful applicants up to $35,000 loans or 120 percent of the homes value (whatever is highest)  with 10, 15 or 20 fixed-rate terms as well as affordable fees and interest rates. To qualify, your family income must be below the income limits set by the state of Pennsylvania for your area. Click here for a list of renovate and repair income limits for your region. For example, if you live in Chester, your income limit is $117,450, while if you live in Pike it is $96,300.

    The loan must be used to improve the basic livability of your principal residence. Repairs must be to critical areas in the home, such as safety, water, sewage and other code violations.

    To apply for this program you must contact your local Pennsylvania Housing Finance Authority program administrator. Click here to find the contact details of one near you.

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