Official:Providing for a payment to the City upon the construction of certain real estate, and directing Council to appropriate revenues from such payments to the Department of Planning and Development - Division of Housing and Community Development, in order to support equitable neighborhood development by constructing affordable housing, including units for sale or rent, and by providing assistance to Philadelphians who desire to become homeowners, all under certain terms and conditions.
Sponsor: Councilmember Squilla
Introduced: April 12, 2018
: Committee on Finance
Status: Failed
This bill aimed to impose a tax on construction projects in Philadelphia and use those funds for affordable housing and homeowner assistance.
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