Broad Street Brief: City Council Talks Land Bank, SEPTA Support
By EsqSocial Corporation 18/04/25
Mayor Parker's Housing Plan Relies on $800M in Bonds- Mayor Cherelle Parker’s Housing Opportunities Made Easy (HOME) Initiative aims to build or preserve 30,000 housing units in Philadelphia, primarily funded through $800 million in taxable City bonds. While City Council members broadly support the housing goals, they raised concerns about the long-term financial burden on taxpayers and risks of issuing bonds during a period of economic uncertainty, particularly given the likelihood of higher...
By: Cozen O'Connor