Want To Be A First-Time Rental Property Owner? Learn From HP & The Experts December 15th!
If you, your relatives, or your friends have been toying with the idea of becoming a rental or investment property owner, HAPCO Philadelphia says now is the time!
We want HAPCO Philadelphia rental owners to invite your friends, family, and colleagues to HP’s next Rental Education Seminar!
Learn from the experts how to buy your first rental property quickly and with minimal risk!
WHEN: Thursday December 15th
TIME: 6:00pm to 8:00pm
WHERE: 5356 Chew Avenue, Building B, Philadelphia PA 19138
PARKING: Those who can come early will be able to get the free spots (10-1 free spots). If not, street parking is available.
NJ Gets New Federal COVID Rental Money. Where's PA's?!
Philly’s Emergency Pandemic Rental Assistance money has long-since been spent. And PA Governor Tom Wolf has talked about reallocating unspent funds from other counties to Philadelphia.
But HAPCO Philadelphia was very interested to learn that the federal government just gave New Jersey another $51-million that it took from states that had leftover rental assistance monies.
With many Philly rental property owners still owed tens of thousands of dollars from the eviction moratorium, the need here is much greater! No offense, NJ.
New Council Bills Offers Tax Incentive For New Affordable Housing Construction
HAPCO Philadelphia feels It’s potentially good news if councilmembers also adopt a new state law creating tax abatements in dilapidated areas.
Rental property developers have complained for years that they can’t afford to build low-to-moderate-income housing without some sort of financial incentive.
The bill’s author, Council President Darrell Clarke, says another bill needs to be passed to establish the tax incentives before City Council can create abatements in Philadelphia. But HP says there’s no telling how fast that could occur.
