Fall 2026

Pre Closing Intern

Updated on 8/1/2026

Pennsylvania Housing Finance Agency (PHFA)

Pennsylvania Housing Finance Agency (PHFA)

State agency financing affordable homes and rentals

No salary listed

Harrisburg, PA, USA

Hybrid

Work at the Harrisburg office during scheduled business hours; telework or a combination of telework and office work may be required.

Category
Operations & Logistics (1)
Required Skills
Word/Pages/Docs
Customer Service
Excel/Numbers/Sheets
Requirements
  • Currently pursuing a degree in business, finance, real estate, or a related field.
  • Ability to multitask efficiently and exercise initiative and sound judgment in handling work assignments.
  • Computer proficiency in Microsoft Word, Microsoft Excel, and data entry.
  • Ability to communicate effectively orally and in writing and work independently.
  • Effective customer service skills.
Responsibilities
  • Learn and apply Agency guidelines to identify required documentation within mortgage loan packages.
  • Assist with the initial review of pre-closing submission packages submitted by participating lenders to ensure all required documents have been submitted.
  • Identify and name all documents in the pre-closing submission package for the appropriate containers in VirPack.
  • Communicate professionally with lending partners regarding missing or incomplete documentation.
  • Review missing documents when submitted by the lender.
  • Maintain accurate electronic loan records by tracking receipt of required documentation and updating file statuses within internal Agency systems.
  • Respond to routine questions from participating lenders and other business partners related to the pre-review process.
  • Support division projects, tasks, and administrative assignments as needed.
Desired Qualifications
  • Strong interest in mortgage operations, housing finance, or business administration.
Pennsylvania Housing Finance Agency (PHFA)

Pennsylvania Housing Finance Agency (PHFA)

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PHFA is a Pennsylvania state-affiliated agency, established in 1972, that finances affordable homeownership and rental housing statewide. It is self-supporting, funded mainly through the sale of securities and program fees, not tax dollars. PHFA offers home purchase loans, down payment assistance, home repair financing, foreclosure prevention counseling, and financing for multifamily rental developments. What sets PHFA apart is its dual focus on individual homebuyers and larger-scale community development, backed by a statewide network of housing counseling agencies serving renters and families facing hardship. The goal is to expand access to safe, affordable housing for older adults, low- and moderate-income families, and people with special housing needs.

Company Size

N/A

Company Stage

Grant

Total Funding

$4M

Headquarters

Harrisburg, Pennsylvania

Founded

1972

Simplify Jobs

Simplify's Take

What believers are saying

  • PHARE funded 387 initiatives with $73 million in fiscal 2024-25.
  • Governor Shapiro's budget raised the PHARE cap to $100 million by 2027.
  • June 2026 tax-credit sales support 400 affordable units and community projects.

What critics are saying

  • PHARE demand still exceeds supply, leaving many projects partially funded.
  • Realty Transfer Tax revenue can fall with weaker housing transaction volumes.
  • PHARE funding growth depends on annual legislative budget approvals.

What makes Pennsylvania Housing Finance Agency (PHFA) unique

  • PHFA manages Pennsylvania's PHARE fund across all 67 counties.
  • PHFA pairs state tax credits with affordable housing and revitalization projects.
  • PHFA runs multiple funding channels, including HOME-ARP and mixed-use tax credits.

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Benefits

Hybrid Work Options

Company News

PR Newswire
Jun 16th, 2025
Phfa Accepting Bids For $4.5 Million Of Mixed-Use Development Tax Credits

Tax credit bid deadline is July 18HARRISBURG, Pa., June 16, 2025 /PRNewswire/ -- The Pennsylvania Housing Finance Agency announced today that it is accepting bids for the purchase of $4.5 million in mixed-use development tax credits. The funds collected from successful bidders will be used for the construction or rehabilitation of mixed-use developments in Pennsylvania communities. The deadline for bids is 2 p.m. on Friday, July 18.These tax credits will be used by the winning bidders to reduce their state tax liability. The bidders can be companies, organizations, or individuals. The intent of the bidding process is to raise as much funding as possible from the $4.5 million in tax credits being made available to provide for a significant investment in community revitalization projects in various communities

PR Newswire
Jun 11th, 2025
Phfa Announces Phare Funding For Nearly 400 Affordable Housing Initiatives Across All 67 Counties In Pennsylvania

$73 million will fund 387 housing initiatives; 2024-25 bipartisan budget nearly doubles the Commonwealth's commitment to affordable housing by raising the PHARE Fund cap to $100 million per year by 2027HARRISBURG, Pa., June 11, 2025 /PRNewswire/ -- The Pennsylvania Housing Finance Agency today announced recipients of a new round of funding for housing programs made available through the Pennsylvania Housing Affordability and Rehabilitation Enhancement fund. PHFA has identified 387 housing and community development initiatives in all 67 counties that will share a portion of the total $73 million in PHARE funding for fiscal year 2024-25. The PHARE fund is managed by PHFA."PHARE is one of the most effective tools we have to expand access to safe, affordable housing in every corner of the Commonwealth," said Governor Josh Shapiro. "That's why we've nearly doubled our investment in this program — because it works. Local communities know what they need, and PHARE gives them the resources to meet those needs, tackle the housing crisis, and help more Pennsylvanians stay in their homes. My budget proposal this year builds on that success by raising the PHARE cap to $110 million by 2028 — so we can build more homes, repair more aging properties, and deliver real results for the people of Pennsylvania."Funding for these PHARE awards comes from two main sources

Venango Area Chamber of Commerce
May 20th, 2025
ORA Advances Major Redevelopment Projects in Franklin and Oil City

Meanwhile, in Oil City, the ORA secured an $800,000 grant from the Pennsylvania Housing Finance Agency (PHFA) to complete the rehabilitation of the historic Downs Building at 201 Center Street.

PR Newswire
May 5th, 2025
Applications Now Being Accepted For Phfa'S 2026 Housing Policy Fellowship

Two fellowships are available, each offering a $12,000 annual stipendHARRISBURG, Pa., May 5, 2025 /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 2026 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

Central Penn Business Journal
Sep 20th, 2024
Harrisburg HBA to host Parade of Homes event

The HBA is partnering with the Pennsylvania Housing Finance Agency (PHFA), again serving as the Presenting Sponsor of the Parade of Homes.