While the abatement can be a 'wealth magnet' for the city by generating market value from tax-free properties, the real benefit may be limited to the developers who cash in.
"How best to describe Philadelphia's 10-year residential tax abatement: Is it the city's most effective economic development tool or most inequitable public policy?
You can find plenty of evidence for both points of view in a recent Fels Institute of Government study (available at www.sas.upenn.edu/fels).
In one sense, the abatement is just what our city needs: a wealth magnet. This policy, through which the market value of new residential development can enjoy property tax-free status for a decade, generated $485.5 million in new market value in Philadelphia from 1999 to mid-2005."
"But as public policy, the abatement is lacking in one important respect: Most of the direct benefit of this incentive goes to the developers of high-priced townhouses and condominiums."
Thanks to John Kromer
FULL STORY: Using city's tax-abatement windfall

Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.

Driving Equity and Clean Air: California Invests in Greener School Transportation
California has awarded $500 million to fund 1,000 zero-emission school buses and chargers for educational agencies as part of its effort to reduce pollution, improve student health, and accelerate the transition to clean transportation.

Congress Moves to End Reconnecting Communities and Related Grants
The House Transportation and Infrastructure Committee moved to rescind funding for the Neighborhood Equity and Access program, which funds highway removals, freeway caps, transit projects, pedestrian infrastructure, and more.

From Throughway to Public Space: Taking Back the American Street
How the Covid-19 pandemic taught us new ways to reclaim city streets from cars.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Heyer Gruel & Associates PA
Ada County Highway District
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service