Housing

An equitable Philadelphia needs a balanced housing market that includes healthy, safe, affordable homes for households at all income levels. As property values and rents have skyrocketed, too many families and households risk losing homeownership or having to live in substandard, unhealthy rental units because it is the only shelter that they can afford. As one leader interviewed said, “for decades Strawberry Mansion was a very affordable neighborhood and now it is not. When Strawberry Mansion is no longer affordable where does a family go?” Philadelphia needs to act today to increase housing options for households at less than 30% AMI, to preserve existing affordable rental units, to build up declining homeownership rates for BIPOC households and to ensure new housing construction offers more than luxury housing for the wealthy.