HP Member Tells Media Pandemic Back Rent Owed Is Forcing Her To Sell

HAPCO Philadelphia member Ebony Harris reacts to a new study by the Eviction Lab at Princeton University

that shows renters in the city’s Eviction Diversion Program owe far more in back rent now than before the pandemic eviction moratorium.

West Philly Neighborhood Added To Council's New Mandatory Affordable Housing Bill

Philadelphia City Council’s proposal that mandates developers dedicate a percentage of new housing construction as affordable has been assailed as a disincentive by developers.

And now a new stretch of Market Street from 54th to 63rd street is being added to the so-called, “Mixed Income Neighborhoods Overlay District.”

HAPCO Philadelphia and the city’s Building Industry Association believe including mandatory below-market-rate units in a market rate development makes such construction unaffordable to build.

Despite Skyrocketing Rents, It's Still Cheaper To Rent Than Buy!

Even with rental owners being forced to hike rents after the eviction moratorium and no more rental assistance, a new study finds it’s still less expensive to rent than to buy!

It’s according to a report from Attom, a national real estate date company.

Their data shows a complete flip from a year ago when owning a home was cheaper than renting.