Official:Amending Chapter 7-200 of The Philadelphia Code, entitled “Preservation of Affordable Housing,” to modify certain requirements that must be met before a change in ownership, other disposition, or other change in property interest occurs with respect to certain affordable housing properties in Philadelphia, and making technical changes, all under certain terms and conditions.
Sponsor: Councilmember Gauthier
Introduced: December 15, 2022
Signed: May 4, 2023
: Committee on Housing, Neighborhood Development and The Homeless
Status: Signed into Law, step 4 of 4
This bill updates rules for affordable housing properties in Philadelphia, making it easier to sell or transfer these properties while still ensuring they remain affordable for low- and moderate-income households.
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