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Pennsylvania Housing Finance Agency
Family Services in PennsylvaniaJuly 2006
PHFA’s Investment inFamily Services
Family Services Escrow Program
Family Resource Center InitiativePhiladelphiaBalance of State
Total Investment nearly $5 million
PHFA Family Services Escrow Program
•Established 1995
•PHFA investment >$2m
•Funding services for >800 families
•Service funding lasts >10 years
Philadelphia:
$201,000 in 2005-06 for 600 families
$2.6 million since 1998
Family Resource Center Initiative
Balance of State:
2003 – 2006: $2.1m TANF to fund services at 21 developments
2006 – 2007: $400,000 PHFA funds for services at 15 developments
Family Resource Center Initiative
1. Increase the ability of tenants to uphold the lease.
2.Support efforts that enhance quality of life, build healthy communities and stabilize families in need.
3.Develop management systems that contribute to the effective operation and preservation of affordable housing.
4.Promote effective partnerships that positively impact the development’s financial viability and stability.
Goals
1.Reduce Rental Delinquency
2.Improve Unit Maintenance
3.Decrease Evictions
Targets
FRCI 2004-05 Data - Phila
Per Unit Costs
Legal Expenses
NSF and Late Fees
Bad Debts
Unit Turnover
FRCI Developments $31 $44 $90 18%
Comparison Group $60 $31 $134 33%
Asset management indicator is better for FRCI Developments in 3 out of 4 categories.
FRCI 2003-06 Data – Balance of State
Preliminary
Aggregate Costs
(sample group only)
Legal Expenses
NSF and Late Fees
Bad Debts
Unit Turnover
Costs
2003 $5217 $7728 $18,497 $33,327
2006 $832 $7682 $7470 $21,579
% Change 85% <1% 60% 35%
*Note that while all of these indicators show improvement, this representsonly preliminary data from a regional sample of 4 developments.
Results for Families
Gateway to broad range of community services that improve quality of life
Results for Families
Preventing homelessness
2005-06: estimated 48 evictions prevented.
Results for Families
Ending homelessness through expandedresident selection criteria
Making the investment - a wise choice
An investment in services is an investment in people and families.
Pennsylvania Housing Finance Agencywww.phfa.org
Carla FalkensteinManager of Housing
Services
412-429-2841
