Funding provided for Pennsylvania shale communities in need of housing
Thursday, October 15, 2015
According to Keystone Crossroads housing challenges have arisen along with Marcellus Shale activity in Pennsylvania.
Workers from other states have sought both temporary and permanent housing and have contributed to the rise in rental properties and a shortage of properties. In turn, some residents have been unable to pay rent because it is no longer affordable.
On Oct. 8, funding from the Pennsylvania Housing Affordability and Rehabilitation Enhancement (PHARE) provided $8.1 million for projects related to housing, community and rental help. This fund takes fees from Marcellus gas wells and uses it for affordable housing in the areas that need it most.
Via: Keystone Crossroads > Shale communities get funds to improve housing
More about housing and the shale industry:
- North Dakota: Oil glut, low prices leave too few workers for excess housing Oct. 1, 2015
- Eastern Ohio’s Utica region sees continued housing need for shale workers July 12, 2015
- Hotel business slows down along with drilling activity March 15, 2015
- The impact of Marcellus Shale development on housing March 3, 2015
- Too many hotels built during Marcellus boom Sept. 27, 2014
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Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
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Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.