Pennsylvania Housing Agency Releases 2027-2028 Low-Income Housing Tax Credit Plan
PHFA has published its updated Qualified Allocation Plan, guiding developers seeking Low-Income Housing Tax Credits for affordable housing projects.
The Pennsylvania Housing Finance Agency has released its 2027/2028 Qualified Allocation Plan, offering a framework for developers seeking to apply for Low-Income Housing Tax Credits, the agency announced from Harrisburg on Nov. 11, 2026.
Low-Income Housing Tax Credits are a federally backed financing mechanism widely used to fund the development and preservation of affordable rental housing. The PHFA's Qualified Allocation Plan sets the criteria, priorities, and procedures that determine how those credits are distributed within Pennsylvania.
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Developers pursuing affordable housing projects in Pennsylvania are the primary audience for the newly released plan, which covers a two-year cycle spanning 2027 and 2028. The document serves as the essential roadmap for any organization looking to access this form of housing finance in the commonwealth.
The release of an updated allocation plan is a routine but consequential step in the affordable housing finance calendar, as it signals the opening of a new application window and may reflect shifting policy priorities around housing preservation, geographic targeting, or income thresholds. Developers typically study the plan carefully before assembling project applications.
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