Residential Finance Authority (RFA)
The Residential Finance Authority (RFA) issues obligations on behalf of developers for financing or refinancing costs incurred for the acquisition, new construction, rehabilitation, renovation, or improvement of a property. Projects may include multifamily dwellings, nursing facilities, and personal care homes.
The RFA can also assist eligible local first-time homebuyers with low-interest fixed-rate mortgages, down payments, and closing costs. However, the First-Time Homebuyer Program is not active at this time. For other first-time homebuyer programs, as well as closing cost and down payment assistance, contact the Pennsylvania Housing Finance Authority (PHFA).
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