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 is administered by the Department of Community and Economic Development and aims to support local governments or combinations thereof that have experience in restoring or rehabilitating housing. Eligible applicants can apply for grants to address habitability concerns, improve energy or water efficiency, and make units accessible for individuals, with a maximum grant amount of $50,000 per unit owner.

The bill outlines specific requirements for grant applications, including a description of how the funds will be utilized and an affirmation of recent experience in housing program administration. Additionally, it stipulates that grant awards will be competitive and based on demonstrated need, with a requirement that counties must have encumbered 75% of their available funds from the Whole-Home Repairs Program to qualify for funding. The act will take effect 30 days after its passage.