Hapco Philadelphia's Push For Low Interest City Rental Repair Loans Finally Succeeds

Even City Council rental owner foe Jamie Gauthier agrees it’s crucial to keep Hapco Philadelphia landlords in the affordable housing market.

HP President Greg Wertman tells the Philadelphia Inquirer that Hapco Philadelphia has been pleading for years with City Council to enact low interest rental repair loans.


HAPCO Philadelphia Tells Media The Truth About LTO Resuming Evictions

When HAPCO Philadelphia broke the news August 11th that the Landlord Tenant Office was resuming evictions. the news media came knocking.

HP President Greg Wertman tells the media while he’s relieved lockouts are starting, small rental property owners shouldn’t be footing the bill.


New Report Shows While National Rents Continue To Climb, PA Drops

While the rest of the country continues to hike rents, a new study says Pennsylvania and Philadelphia are bucking the trend.

In fact, Pennsylvania had the largest drop in rent in the Northeast at nearly 6-percent!


Philly Still A Top Destination For Renters, Survey Says

HAPCO Philadelphia continues to push back on claims that Philly rents are too high.  They’re not!  And the August survey from RentCafe.com backs that up.

The survey reveals the most popular cities for renters each month.

In August, Philadelphia remains a preferred choice among renters, as it has consistently throughout the year. It maintains its 12th position, mirroring July’s ranking, and is situated between Overland Park, KS, and Queens, NY. On a regional scale, Philadelphia maintains its second place standing, following closely behind Bronx, NY. 

Here are the metrics that indicate renters’ growing interest in Philly: 

  • YoY change in apartments added to favorites:  169% 
  • YoY change in listing views: 41% 
  • YoY change in saved personalized searches: 38%
  • YoY change in available apartments:  -11%


Rental Owners Should Be Treated Like The Small Businesses That We Are

 

LISC Small Business Services
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HAPCO Philadelphia continually tells lawmakers at City Hall and at the Pennsylvania State Capitol in Harrisburg to treat rental and investment property owners like the small business owners that we are.
The Local Initiatives Support Corporation (LISC) hold regular small business seminars to held rental owners and other small businesses compete in the Philly market.

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PA To Hold Forum On How Federal Affordable Housing Dollars Should Be Spent

HAPCO Philadelphia urges its rental and investment property members to attend an upcoming public forum conference call to be held September 7th 1pm.  Details are below.

DEPARTMENT OF COMMUNITY
AND ECONOMIC DEVELOPMENT

Pennsylvania Housing Advisory Committee Meeting; 2024—2028 Consolidated Plan

[53 Pa.B. 5183]
[Saturday, August 19, 2023]

 The Department of Community and Economic Development (Department) is preparing the Commonwealth's 2024—2028 Consolidated Plan (Plan). The Plan is designed to help states and local jurisdictions to assess their affordable housing and community development needs and market conditions and to make data-driven, place-based investment decisions.

 The consolidated planning process serves as the framework for a Statewide dialogue to identify housing and community development priorities that align and focus funding from the United States Department of Housing and Urban Development's Community Planning and Development formula block grant programs:

  • CDBG: Community Development Block Grant Program
  • HOME: HOME Investment Partnerships Program
  • ESG: Emergency Solutions Grant Program
  • HOPWA: Housing Opportunities for Persons with AIDS Program
  • HTF: National Housing Trust Fund

Pennsylvania Housing Advisory Committee
Thursday, September 7, 2023
1 p.m.

 The Pennsylvania Housing Advisory Committee (Committee) is responsible for reviewing Statewide housing, community development and support services needs and priorities, as well as advising the Department in the preparation of the Commonwealth Consolidated Plan, annual action plans and the coordination of Federal, State and local resources to manage the implementation of these plans.

 As part of the planning process for the Plan, the Committee will be meeting in an open, public forum. The purpose of the meeting will be to review trends and needs through data analysis and consultation process. Additionally, the Committee will discuss the key findings, the priority needs and strategies for the Plan.

 Individuals who wish to attend the Committee meeting may join by phone at (267) 332-8737. The conference ID is 439 171 889#.

 Individuals who have a disability or limited English proficiency and wish to participate in the public hearing should contact David Grey, dgrey@pa.gov, (717) 214-5341 or TDD (717) 346-0308 at a minimum of 72 hours prior to the meeting to discuss how the Department can accommodate their needs.

RICK SIGER,
Secretary