Monthly Archives: May 2018
CDC Tax Credit Expansion Bill Clears Council Finance Committee
A bill to expand the CDC Tax Credit Program by another 10 slots unanimously passed City Council’s Finance Committee on Tuesday, May 22, 2018. Sponsored by Councilman Bobby Henon, the bill would strengthen the organizational capacity of CDCs to engage in neighborhood economic development work by providing $100,000 per year for 10-years for qualifying CDCs. […]
City Council Hearing on Construction Impact Tax 6/6/18 at 10 am!
City Council’s Committee on Finance will hold a public hearing on Wednesday, June 6 2018 beginning at 10 a.m. on Bill No. 180351 that creates a 1% Construction Impact Tax, and Bill No. 180347, which defines how those funds will be allocated and spent in a new sub-fund of the Philadelphia Housing Trust Fund. Come […]