Section 197-C. Extension of use of certain funds.
(a) Use of remaining funds.--Notwithstanding the provisions of sections 194-C(b), 195-C(b), 196-C(d) and 1712-E, the agency shall use the remaining funds allocated for grants for projects that are an eligible use of funds relating to housing under 31 CFR Pt. 35 (relating to pandemic relief programs).
(b) Transfer of funds.--
(1) From funds appropriated for COVID Relief - ARPA - Development Cost Relief Program, COVID Relief - ARPA - Construction Cost Relief and COVID Relief - ARPA - Affordable Housing Construction, the agency shall transfer $11,789,348 to the COVID-19 Response Restricted Account, no later than September 10, 2026, which are hereby appropriated to the Department of Corrections for the purposes specified under section 1712-E(e)(1).
(2) Any money not expended by the agency by December 11, 2026, shall be transferred by the State Treasurer to the COVID-19 Response Restricted Account no later than December 18, 2026, which is hereby appropriated to the Department of Corrections for the purposes specified under section 1712-E(e)(1).
(c) Money appropriated.--All money appropriated for the programs established in sections 194-C, 195-C and 196-C or obligated, transferred or appropriated in accordance with the requirements of subsections (a) and (b) must be expended by December 31, 2026.
(d) Definitions.--As used in this section, the following words and phrases shall have the meanings given to them in this subsection unless the context clearly indicates otherwise:
"Agency." The Pennsylvania Housing Finance Agency.
(197-C added July 12, 2026, P.L.265, No.21)