Monthly Archives: September 2018
Council Committee Approves Housing Trust Fund Bills
On September 26, 2018, City Council’s Committee on Appropriations unanimously reported out three bills as part of the agreement between Mayor Kenney and Council to commit $70 million over the next five years to the Philadelphia Housing Trust Fund. PACDC applauds the Kenney Administration and City Council for this critical boost in investment in affordable […]
VICTORY! $70 million for affordable homes in Philadelphia
Today, City Council and the Kenney Administration announced an agreement to allocate $70 million in General Fund revenue for affordable housing over the next five years, beginning in the current Fiscal Year 2019. An ordinance to authorize the $21 million for the first year of funding was introduced at Council’s Stated Meeting today, September […]