Finance
The Pennsylvania Housing Finance Agency (PHFA) primarily serves:
ACommercial real estate developers
BFirst-time homebuyers and low-to-moderate income borrowers through affordable mortgage programs✓ Correct
CLuxury condominium projects in Philadelphia and Pittsburgh
DReal estate investors seeking renovation loans
Explanation
PHFA provides affordable mortgage programs, down payment assistance, and homeownership education to first-time buyers and low-to-moderate income Pennsylvanians. Popular programs include Keystone Home Loan and HFA Preferred.
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