PACDC Testifies in Support of Construction Impact Tax

Colorful row houses in Philadelphia, Pennsylvania.

On December 1st 2020, PACDC and many of our members testified in support of a package of bills that could lead to a $400 million bond issue to invest in affordable homes, neighborhood commercial corridors, and create jobs.

PACDC noted that Philadelphia desperately needs action to stimulate economic activity to recover from the devastating impact of COVID-19 on our local economy.  That action must also be equitable, and center recovery strategies on attacking the inequality that has led to people of color in Philadelphia being hardest hit by shut downs, job losses, and the health crisis of COVID-19.   You can read our full testimony here.

You can also read testimony from PACDC members Rebuilding Together Philadelphia, Frankford CDC. Testimony in support was also provided by PACDC members Philadelphia LISC, Ceiba, Lower North Philadelphia CDC, and Lancaster Avenue 21st Century Business Association.