Kamala Harris Endorses Estate Tax Reforms in American Housing and Economic Mobility Act
Vice President Kamala Harris endorses the American Housing and Economic Mobility Act of 2024, which includes proposed estate tax reforms designed to address housing affordability and economic disparities.
Project Based Voucher Opportunity for Veterans!
The Philadelphia Housing Authority (PHA) has issued a Request for Proposals (RFP) for HUD VASH Project-Based Vouchers (PBV). This RFP seeks proposals to support project-based voucher assistance for homeless veterans in Philadelphia. These vouchers combine rental assistance with case management and clinical services provided by the Department of Veterans Affairs (VA).
PHA is looking for qualified applicants to partner with them and the VA to provide housing for homeless veterans through this PBV program. The RFP will allocate up to 60 units under a PBV Housing Assistance Payments (HAP) contract to the most qualified proposal.
For more details and to apply, visit PHA’s website at www.pha.phila.gov, navigate to the Business Opportunities page, and register for the Procurement Portal.
Philly’s Private Eviction System Shuts Down as Landlord-Tenant Officer Struggles with Insurance Renewal
Philadelphia will end its private eviction system and will now have the Sheriff's Office handle enforcement because of insurance concerns.
Philly Apartment Glut? Developers Worry as Tenants Snap Up Discounted Rents
Philadelphia is experiencing a rental glut due to a surge in apartment construction, leading to higher vacancy rates and fierce competition among landlords offering substantial concessions to attract tenants. Despite current market inefficiencies and a short-term increase in vacancies, experts believe the demand will eventually balance out as new apartments are absorbed and housing types diversify.
PROA August Bill Track Report: Key Legislative Updates
Discover the Latest Updates in the Proa August Bill Track Report!
Philly Homeowners Face Average $330 Property Tax Hike Amid New City Reassessment
Philadelphia property owners will see an average property tax increase of $330 this year due to the city's first real estate reassessment in two years, announced by Mayor Cherelle L. Parker's administration. To help mitigate the impact, the city has raised the homestead exemption from $80,000 to $100,000 and introduced a relief program that freezes property tax bills for low-income homeowners, while assessments can be challenged with the Board of Revision of Taxes by October 7th.