Real Estate Law

Pennsylvania is taking a significant step toward expanding affordable homeownership with the introduction of House Bill 1696, known as the 'Lease with Guaranteed Purchase Option Home Ownership Program.' Spearheaded by State Representative Robert Freeman, this legislation aims to assist low- to moderate-income families in transitioning from renting to owning homes, thereby promoting neighborhood revitalization across the Commonwealth.

Understanding the Proposed Legislation

The proposed program introduces a lease-to-purchase model designed to bridge the gap between ...