The Pennsylvania Home Preservation Act establishes the Pennsylvania Home Preservation Grant Program, which is designed to provide grants to local governments for the purpose of improving existing housing stock within the Commonwealth. The program will be administered by the Department of Community and Economic Development, which will maintain a list of applicants and subgrantees on its publicly accessible website. Eligible applicants include local governments or combinations thereof that have experience in creating or implementing housing restoration programs. The grants can be used for various purposes, including addressing habitability concerns, improving energy or water efficiency, and making units accessible for individuals, with a maximum expenditure of $50,000 per unit.

The bill outlines specific requirements for grant applications, which must include details about the geographic boundaries of the program, how the funds will be utilized, and evidence of recent experience in administering housing restoration programs. Priority will be given to applications that demonstrate secured non-State funding and coordination with existing home repair programs. Additionally, the act stipulates that grant awards will be competitive and contingent upon the demonstrated need for funds, with a requirement that counties must have encumbered 75% of their available funds from the Whole-Home Repairs Program to qualify for funding under this new program. The act will take effect 30 days after its enactment.