Two fellowships are available, each offering a $12,000 annual stipend
HARRISBURG, Pa., May 1, 2024 /PRNewswire/ — With the goals of funding critical research and promoting leadership development, the Pennsylvania Housing Finance Agency today announces the opening of the application period for its 2025 Kathy A. Possinger Housing Policy Fellowship.
The fellowship will fund a maximum of 12 months of research on a pressing housing or community development topic by two policy fellows. With a monthly stipend of $1,000, the maximum funding available for each researcher will be $12,000. The financial support can be used for a variety of activities supporting the approved research, including interviews with experts, securing resources and study materials, travel for attending relevant conferences and more.
Fellowships will be awarded to two researchers with different backgrounds: one from a university setting and one from outside academia. This is expected to produce two vastly different research topics, as well as two different perspectives from the fellows guiding the research.
This fellowship is intended to benefit the housing field by underwriting research on subjects that currently present housing or community development challenges. A secondary benefit of the fellowship is its investment in an individual to promote their growth as a housing leader. The fellowship will produce documented findings that will be made publicly available for everyone’s benefit.
“For someone looking forward to a career in affordable housing, these two fellowships provide a wonderful opportunity for professional growth,” said PHFA Executive Director and CEO Robin Wiessmann. “What makes this program so worthwhile is that the fellows get to pick housing research of most interest to them, and housing professionals around the state benefit from the research findings that are produced. Plus, the fellowships support the career development of two future housing leaders.”
The fellowship is named for Kathy Possinger, who was a leading affordable housing advocate who served Pennsylvanians for two decades through her work in both the public and private sectors. Her service with nonprofit and government agencies provided significant contributions to the field of affordable housing and community development. This service included contributions to PHFA as a board designee and advocate.
The fellowship application is available on the agency’s website. All legal residents of the state over the age of 18 are eligible to apply, excluding PHFA staff and board members. All applications will be reviewed by PHFA staff according to the fellowship criteria, which are outlined on the website.
Since its start, the Housing Policy Fellowship has been awarded to recipients with a wide variety of research interests. Their projects have included such topics as the investigation of property taxes and their impact on aging-in-place, cooperative housing models, the potential of land trusts as an affordable housing option, and the relationship between zoning and race.
The fellowship application deadline is 5 p.m. on Wednesday, July 31, 2024.
Questions about the fellowship may be directed to Amy Sechrist at (717) 780-3945 or [email protected].
About PHFA
The Pennsylvania Housing Finance Agency works to provide affordable homeownership and rental housing options for older adults, low- and moderate-income families, and people with special housing needs. Through its carefully managed mortgage programs and investments in multifamily housing developments, PHFA also promotes economic development across the state. Since its creation by the legislature in 1972, it has generated more than $18.1 billion of funding for more than 198,000 single-family home mortgage loans, helped fund the construction of 103,328 rental units, distributed approximately $289 million to support local housing initiatives, and saved the homes of more than 50,860 families from foreclosure. PHFA programs and operations are funded primarily by the sale of securities and from fees paid by program users, not by public tax dollars. The agency is governed by a 14-member board.
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SOURCE Pennsylvania Housing Finance Agency
