Philadelphia City Councilman calls for more affordable housing

municipal advertising darrell clarke
City Council President Darrell Clarke (Credit: Rikard Larma / Metro).

City Council President Darrell Clarke has a plan to add more affordable housing inside rapidly changing neighborhoods in parts of North and South Philadelphia.

According to his plan, the city could add 1,500 properties — 1,000 for rent and 500 for sale — through a combination of funding resources and trades of city-owned land.

To build the 1,000 rental units, the city would spend $300 million, borrow $100 million and take $200 million in state and federal funding.

For the 500 units for sale, the city plans to sell to developers city-owned properties in areas such as Point Breeze, Mantua and Francisville.

The developers would build the houses, then sell them to low-income residents. However, the sale is predicated upon a few important details: the resident would make the house their primary residence for at least 10 years, and the house can’t be resold for more than its original sale price.

The prospective homeowners would also have to afford a $200,000 mortgage.

Out of the city’s roughly 1.5 million residents, about 450,000 live at or below the poverty line. Clark said more than 100,000 are on an affordable-housing waiting list.

The plan still has major hurdles, namely approval from Mayor Michael Nutter and commitment from the Philadelphia Housing Authority.

In a statement, Mark McDonald, Nutter’s spokesman, said the administration “Looks forward to a briefing by the Council President where he can explain his proposal.”

“We are particularly interested in how this proposal meshes with the Philadelphia Housing Authority program that kicked off in May 2013 to form development partnerships to create and preserve 6,000 affordable housing units in the next five years, using many of the same techniques described by Clarke,” McDonald said. “The PHA program was endorsed by the Mayor last year.”

__________________

Follow Tommy Rowan on Twitter: @tommyrowan

Follow Metro Philadelphia on Twitter: @metrophilly

Follow Metro Philadelphia on Facebook: Metro Philadelphia



News
Entertainment
Sports
Lifestyle
International

Dinosaurs could have survived asteroid strike

It turns out there is a good and a bad time for the planet to be hit by a meteor, and dinosaurs were just unlucky.…

National

OkCupid admits to Facebook-style experimenting on customers

By Sarah McBrideSAN FRANCISCO (Reuters) - OkCupid, a top U.S. matchmaking website, intentionally mismatched users to test its technology, the IAC/InterActive Corp service said on…

Local

MTA fares still increasing 4 percent in newly…

The agency said the 4 percent increases, previously announced in December, will remain steady even as the MTA deals with increasing labor costs.

Local

De Blasio, Bratton defend city's efforts after Eric…

Mayor Bill de Blasio justified the city's response to the death of Eric Garner, a Staten Island man who died while in police custody earlier this month.

Movies

Interview: Brendan Gleeson on the way 'Calvary' depicts…

Brendan Gleeson talks about how his new film "Calvary" began over drinks and how his character here is the opposite of the lead in "The Guard."

Movies

'Get on Up' producer Mick Jagger on the…

Mick Jagger, a producer on the James Brown biopic "Get on Up," talks about the time had to tell the singer some bad news and his favorite JB record.

Television

'Glee' star Lea Michele to appear on 'Sons…

"Glee" star Lea Michele has been confirmed as a guest star in the final season of "Sons of Anarchy."

Television

TV watch list, Monday, July 28: 'The Bachelorette'…

See Andi Dorfman make her big choice on tonight's 'Bachelorette' finale.

NFL

Larry Donnell has inside track in Giants tight…

Little-known Larry Donnell of Grambling State currently has the inside track, as the second-year player has received the bulk of the first-team reps.

NFL

Computer to Jets: Start Michael Vick over Geno…

Jets general manager John Idzik says the choice of who starts between second-year quarterback Geno Smith and veteran Michael Vick will be a “Jets decision.”

MLB

Yankees looking to trade for Josh Willingham: Report

CBS Sports’ Jon Heyman reported Sunday the Yankees are interested in Twins outfielder Josh Willingham.

MLB

Joe Torre: I'm in Hall of Fame because…

Joe Torre spent 18 years putting together a near Hall of Fame career as a player. But it was the 12 years he spent as…

Travel

Glasgow: Hey, hey, the gangs aren't here

This European city has done a good job getting rid of its more violent residents and revitalizing with artists.

Education

Babson College tops list of best colleges for…

Money magazine has just released its inaugural list of "The Best Colleges for Your Money" -- and the answers have surprised many. Babson College, which…

Education

NYC teens learn how to develop apps during…

Through a program sponsored by CampInteractive, the high schoolers designed their own community-focused apps.

Tech

The Ministry of Silly Walks app is both…

Monty Python have dug into their back catalogue for cash-ins once more, but with the Ministry of Silly Walks app, they've made something that's fun too.