An Act amending Title 53 (Municipalities Generally) of the Pennsylvania Consolidated Statutes, establishing the Residential Economic Development District Grant Program and the Residential Economic Development District Fund.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill establishes the Residential Economic Development District Grant Program and the Residential Economic Development District Fund in Pennsylvania. It aims to encourage the development of major workforce housing projects in areas designated as residential economic development districts. Counties and municipalities within these districts can apply for grants to support projects that meet specific criteria, including adopting pro-housing-development policies and approving major workforce housing projects. The fund will be used to provide grants for housing development, site preparation, infrastructure improvements, and other related needs.
Key provisions
- Creates the Residential Economic Development District Grant Program to fund workforce housing projects.
- Establishes the Residential Economic Development District Fund to provide grant funding.
- Defines ‘major workforce housing project’ as a development reserving at least 50 units for independent living.
- Lists numerous ‘pro-housing-development policies’ that can be used to qualify for grants.
- Designates a 20-mile radius around a ‘major economic development project’ as a residential economic development district.
- Allows counties and municipalities to apply for grants in collaboration.
- Specifies that grant funds can be used for capital for housing development, site acquisition, and infrastructure improvements.
- Limits expenditures for public safety needs to 30% of the grant amount.
Who is affected
Bill text
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Document of record
- Version
- Pn 1587 Html
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Sponsors
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4 on record
Primary sponsor
Cosponsors
Patrick Stefano
Steven Santarsiero
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