VICTORY! Mandatory Funding for the Housing Trust Fund Approved

Join the Fight to Build an Equitable Philadelphia

43+ years ago, Ms. Peaches bought her home in Nicetown, but she couldn’t afford to make repairs while raising her 2 kids. Thanks to BSRP, her forever home is healthy, safe, and affordable again!

More than 124,846 Philadelphians voted to address Philadelphia’s affordable housing crisis, and we’re just getting started! 

On Tuesday, November 2nd, nearly 70% of Philadelphia voters gave a resounding YES to Ballot Question 4. This means that the City must set aside 0.5% of its annual budget, or about $25 million per year, for safe, stable, and affordable homes! 

Whether you helped us spread the word to your neighborhood or you made time to educate yourself about this important referendum, thank you for being an important part of the movement for an equitable Philadelphia! We’re especially grateful to Councilmember Derek Green and the Coalition for Affordable Communities for their leadership on this issue. 

Our collective victory on Tuesday was just one example of what we can accomplish together. These guaranteed resources will be transformative for the families and individuals who move into a new affordable home, receive basic systems repairs, or can now age in place! But when over 500,000 Philadelphians cannot afford their rent or mortgage, this investment is just a small drop in the bucket of what’s needed. 

40% of Philly’s renters and homeowners cannot afford their monthly housing payments. This is an affordable housing crisis. HTF programs address a diverse range of housing needs in our city by:

• Fueling affordable housing development
• Unlocking new homeownership opportunities
• Preserving existing affordable homes
• Increasing accessibility
• Preventing and ending homelessness

Now that Election Day is over, PACDC is excited to roll up our sleeves with our members and partners and continue fighting to create a city where every Philadelphian lives, works, and thrives in a neighborhood they love.