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Philly Development and Planning Director Anne Fadullon speaks at a 2018 event. (Billy Penn/Twitter)
Mayor Jim Kenney’s budget doesn’t include new funding for the city’s Land Bank local government’s primary vehicle for redeveloping vacant public property. The zeroed-out budget proved to be a problem the administration’s Director of Planning and Development Anne Fadullon and City Council could agree on in Wednesday’s contentious budget hearing.
“Not being able to operate the land bank, without any operating dollars, is going to make service delivery very, very difficult,” Fadullon said in response to questions from Council President Darrell Clarke, who voiced concerns about the lack of general fund dollars going to the agency.
4 days ago
“The levels of gun violence seen in our city today are unprecedented and unacceptable,” Clarke said. “We must think and act differently. We will prioritize programs that offer young people hope and the opportunity to put their energies to more constructive uses – in jobs and full-time employment.”
Johnson, the chair of City Council’s Special Committee on Gun Violence Prevention, called the plan “a strong first step as Council and Mayor Jim Kenney start discussions on gun violence prevention funding in the upcoming Fiscal 2022 operating budget.”
There will also be ongoing hearings that will examine the police, the District Attorney’s Office, and the criminal justice system’s response to gun violence. The city also wants to re-up it’s use of Group Violence Intervention, a program that brings people who have been involved in gun violence into conversation with police, probation officers, community leaders, and at-risk residents.
Thursday, December 24, 2020
On Dec. 10, 2020, the Philadelphia City Council approved three bills that would change the city’s tax abatement programs and impose a new residential construction tax. As of the date of this writing, Bill No. 200366 has been signed into law by Mayor Jim Kenney; Bill No. 200653 and Bill No. 200556 are awaiting his signature. The three bills passed the City Council with veto-proof margins and will take effect Jan. 1, 2022, substantially impacting real estate developers and affordable housing projects in the city. This GT Alert summarizes the three bills
Bill No. 200366: Extension of Residential Tax Abatement
Under Philadelphia’s long-standing residential tax abatement program, residential property owners may qualify for a 10-year tax abatement on the value of improvements related to new construction and rehabilitated properties. Historically, residential property owners could obtain a 100% tax abatement for 10 years. At the end of 2019
Residential Development Tax to Fund Affordable Housing Programs
Philadelphia s city council passed the city s first-ever residential development impact tax, a plan that could boost the city budget by $9 million a year. December 18, 2020, 6am PST | Diana Ionescu |
With a new 1% tax on residential development in Philadelphia, city leaders are moving to fund a $400 million bond package that supports building more affordable housing. The tax will be levied on new construction and is accompanied by a 10% reduction in commercial abatement. The reforms, part of a package known as the Neighborhood Preservation Initiative, will fund a variety of community development and affordable housing programs. In a move seen by many as appeasing developers, the city council also voted to push back the commercial abatement reduction by a year.
Why Philly developers support both the new construction tax and 10-year abatement inquirer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.com Daily Mail and Mail on Sunday newspapers.