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Description
From the Stated Meeting of Philadelphia City Council held Thursday, October 12, 2017:
Councilwoman Cherelle Parker (9th District) speaks on a bill she co-sponsored with Council President Darrell L. Clarke (5th District) authorizing a housing repair loan program to preserve existing affordable housing across Philadelphia.
Read more: http://phlcouncil.com/clarke-parker-dedicate-funding-affordable-home-repair-loan-program
A
When
do
the
service
fee
and
other
amounts
payable
under
the
service
agreement
authorizing
certain
office
city
officers
to
take
certain
actions
required
to
issue
such
bonds
notes
or
other
evidences
of
indebtedness
governing
the
Covenant
iing
that
the
city
will
make
necessary
appropriations
in
each
of
the
city's
fiscal
years
to
provide
for
and
will
make
timely
payments
of
the
service
fee
and
other
amounts.
Due
under
the
service
agreement.
Cherica.
C
Thank
You.
Mr.
president,
as
members
of
this
council,
along
with
the
administration,
worked
to
get
the
rebuild
initiative
past,
there
was
a
lot
of
excitement
about
the
infrastructure
improvements
to
be
made
to
our
parks,
rec,
centers
and
libraries,
because
all
Philadelphia's
could
enjoy
them
sort
of
indirectly.
But
mr.
president,
today
is
a
very
special
day,
because
this
legislation
that
we
are
introducing
in
fact
will
enhance
affordable
housing
in
the
city
of
Philadelphia
and
I
literally
want
to
borrow
your
line
of
the
best
way
to
increase.
C
Affordable
housing
in
this
city
is
to
maintain
our
existing
housing
stock
and
I
just
want
to
take
a
minute
to
say.
Thank
you
and
members
of
the
public
may
remember
that.
Last
year
we
passed
a
very
small
increase
to
the
realty
transfer
tax.
That
would
allow
us
to
issue
one
hundred
million
dollars
in
bonds
and
60
million
of
that
100
went
to
eliminating
the
massive
backlog
associated
with
our
basic
systems,
home
repair
and
over
eight
thousand
people
will
receive
assistance
from
that.
C
But
this
legislation
that
I've
introduced
today
on
your
behalf
will
allow
the
remaining
forty
million
dollars
to
move
forward
with
the
service
agreement
between
the
city
and
the
reader
element
authority
to
administer
a
home
loan
repair
program
and
I
say
loan,
because
it
will
be
sustainable.
We're
not
talking
about
simply
just
passing
out
grants,
and
you
know
when
the
well
is
dry
is
dry
and
we
have
nowhere
else
to
go.
People
now
will
have
access
to
revenue
that
will
assist
them
to
repair
crumbling
steps,
fix
a
retaining
wall,
get
their
bricks,
poignant
and
mr.
C
president,
if
they
choose
get
the
driveway
repair,
and
this
has
been
an
issue
in
the
city
for
a
long
time.
It
may
not
be
a
big
deal
to
some
people,
but
if
you
own
a
house
and
are
retired
in
this
city
and
make
a
nickel
over
the
income
eligibility
guidelines
for
any
of
the
cities
grant
programs.
This
means
everything
to
you
and
this
would
not
have
happened
without
your
leadership
and
I
wanted
to
say.
Thank
you
for
the
record.
Thank.