The Pike County Commissioners have established a new rental assistance program, the Temporary Rental Subsidy Program, as rental properties in Pike County have become unaffordable to many low- and moderate-income households. Temporary Rental Subsidy Program recipients will receive a monthly subsidy so that they pay no more than 30% of their monthly income toward housing costs – up to $500 per month for 12 months.
To promote improved financial well-being, all participants in the program will receive case management services and develop a financial wellness plan. Applicants may qualify for the program if they pay more than 30% of their monthly income toward housing costs and have an income less than 100% of the area median income.
The Temporary Rental Subsidy Program was created as a result of a 2020 housing study prepared by Diana T. Myers & Associates which found that Pike County has the highest fair market rents in Pennsylvania. These projects were financed by a grant from the Pennsylvania Housing and Affordability and Rehabilitation Enhancement Fund.