Pike County launches rental subsidy program
Milford. Pike County Commissioners began the Temporary Rental Subsidy Program to help renters paying more than 30% of their income for housing. The program comes with case management services to develop a “financial wellness plan.”
| 04 Jan 2023 | 09:33
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.
Information about this program can be found at www.PikeForward.org or by contacting Robert Ruiz, Executive Director for Human Services at Pike County, at (570) 296-3434 or rruiz@pikepa.org.