The Pennsylvania Governors Office announced that eight developers were awarded a total $9.3M in tax credits from the Pennsylvania Housing Finance Agency (PHFA) to build 495 affordable housing units in the city of Philadelphia.
Across the United States, there is no shortage of conversation surrounding the need for more affordable housing choices for its urban residents. The City of Philadelphia Director of the Office of Planning and Development, Anne Fadullon, stated that "affordable housing is a critical need in our city. The homes this funding will support are important, not just to the families who will live in them but also to the neighborhoods where they are located."
The funding, provided by the Pennsylvania Housing Finance Agency (PHFA), is set to provide an estimated 10 year tax incentive to developers in various locations around the city. "The city plans to provide an additional $2.7 million to some of the affordable housing projects," says Melissa Romero.
Read the full story: $9.3M Awarded to 8 Philly Affordable Housing Developments
Philadelphia Kicks off $2 Billion Plan to Create 30,000 Housing Units
The city council approved the first loan for an affordable housing effort championed by Mayor Cherelle Parker.
The Philadelphia Loan Program Transforming the Demographics of Development
The Jumpstart loan program is helping Black and female residents become developers.
Commentary: Federal Tax Credits Could Boost Affordable Housing Production
A pair of bills coming before Congress would impact the ability of states to finance affordable housing construction and preservation.
Desperate measures: Advocates weigh draining Lake Powell to fill Colorado River
Draining the reservoir could reduce evaporation losses by a couple hundred thousand acre-feet.
Eastern Nebraska is running out of electricity
Data centers and electrification are straining eastern Nebraska’s grid, throttling economic development.
Move over, LA: St. Louis gears up for Olympics, invests millions in downtown redevelopment
The Missouri city will host the 2028 Olympic soccer group stage and knockout matches.
Mass. votes against statewide minimum lot size for single-family homes
Over 2 million residents voted on Question 7; it was decided by just over 30,000 votes.
Maryland’s $15 billion bridge project gains key approval
The Maryland Transit Authority said the project will create over 60,000 jobs and add $23 billion to the local economy.
‘No clear next steps’ for Chicago's permanent festival grounds
Eleventh Ward Ald. Nicole Lee has suggested Soldier Field as a possible location for the permanent event space.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
City of Cambridge
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello