Sewer and Septic Repair Loan Program Expanded in Pennsylvania
The Pennsylvania Infrastructure Investment Authority (PENNVEST) and the Pennsylvania Housing Finance Agency (PHFA) are expanding a program intended to help homeowners with repairs and connections to septic and sewer systems. The goals are to help homeowners deal with the unexpected expenses related to this work and to protect water quality in Pennsylvania.
The Homeowner Septic Program previously covered repairs to residential septic systems and first-time connections to a public sewer. It now is being expanded to include loans for repairs to existing sewer line connections to homes.
This latest enhancement is in addition to other improvements made to the loan program in the last two years. For instance, it was previously announced that the loan program now has expanded eligibility requirements, can approve loan amounts up to $25,000 (including loans for manufactured homes), and has increased the number of local and regional lending participants.
“We’re excited to be expanding this program for homeowners who already are connected to a public sewer system but need to repair the lateral from their house to the main line,” said PENNVEST Executive Director Brion Johnson. “The cost of these repairs can be burdensome, but now homeowners have some place to turn for help.”
The lenders participating in the program include: Liberty Mortgage Corporation, Erie; The Muncy National Bank, Muncy; Widget Financial Credit Union, Erie; American Bank, Allentown; Erie FCU, Erie; and Members’ Choice Financial Credit Union, Danville. PHFA expects to have additional lenders joining the program in coming months.
For more information, visit PHFA’s website.
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