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Pennsylvania Statutes Title 35 P.S. Health and Safety § 1681.3. Homeowner Assistance Settlement Fund

Current as of January 01, 2026 | Updated by Findlaw Staff

(a) Establishment.--There is established a special fund known as the Homeowner Assistance Settlement Fund.  All payments received by the Commonwealth pursuant to the Homeowner Assistance Settlement Agreement shall be deposited by the Treasury Department into the fund and are hereby appropriated on a continuing basis.

(b) Allocation of funds.--The moneys in the fund shall be allocated each fiscal year no later than July 1 until all settlement funds are expended, subject to the following limitations:

(1) Ninety percent shall be allocated to the Pennsylvania Housing Finance Agency for the purpose of funding the Homeowner's Emergency Mortgage Assistance Program.

(2) Five percent shall be allocated to the Office of Attorney General for the purpose of funding housing consumer protection programs.

(3) Five percent shall be allocated to the Access to Justice Account established under 42 Pa.C.S. § 4904 (relating to establishment of Access to Justice Account) for civil legal assistance related to housing issues.

(c) Limitation on annual allocation.--The annual allocation of funds under subsection (b) shall not exceed $12,000,000 annually, except that in fiscal year 2012-2013 the amount shall not exceed $18,000,000.

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Cite this article: FindLaw.com - Pennsylvania Statutes Title 35 P.S. Health and Safety § 1681.3. Homeowner Assistance Settlement Fund - last updated January 01, 2026 | https://codes.findlaw.com/pa/title-35-ps-health-and-safety/pa-st-sect-35-1681-3/

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