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From YouTube: FY2018 Budget - Council President Clarke Asks About Timing for Housing Preservation Funds 3-28-2017
Description
From the hearing of the Philadelphia City Council Committee of the Whole held on Tuesday, March 28, 2017 regarding the FY2018 City Budget:
Council President Darrell L. Clarke (5th District) discusses the timeline for revenues from the Realty Transfer Tax to reach the Housing Preservation Fund with ‎Anne Fadullon, Director of Planning & Development City of Philadelphia.
In 2016, Council approved a modest 0.1 percent increase in the real estate transfer tax in order to provide $3.5 million to $7 million in annual revenues to service debt to fund critical housing preservation programs.
Read more: http://phlcouncil.com/clarke-affordable-housing-preservation
A
Thank
you.
Thank
you
very
much
for
your
testimony.
I'll
start
out
with
a
few
questions
and
then
turn
it
over
to
my
colleagues.
In
the
latter
part
of
your
testimony,
he
referenced
the
litigation
and
strategies
around
the
sugary
drink
tax,
sweet
beverage,
whatever
you
can
call
it,
and
you
talked
about
with
all
of
us-
believed
to
be
laudable
programs.
We're
really
excited
about
pre-k
and
expansion
and
the
rebuild
program.
A
Community
schools
think
we
haven't
I,
think
the
mayor
and
I
think
I
get
to
go
along
to
a
couple
of
plays
because
Dobbins
we're
going
to
do
a
lot
of
things
about
a
month.
But
there
was
an
initiative
that
the
administration
supported
on
terms
of
signing
on
on
the
borrowing
the
preservation
initiative.
A
So
sometimes
you
know
we
in
Council.
We
want
to
know
the
priorities
of
the
administration.
Is
this
a
significant
priority
with
the
administration,
because
I
know
it
is
with
us
in
terms
of
the
actual
implementation?
So
with
that,
can
you
kind
of
tell
me
you
know
the
revenues
that
I
asked
the
question?
Maybe
a
few
weeks
ago
about
what
kind
of
revenues
were
we
collecting
on
the
real
estate?
Transfer
tax
attacks
not
being
challenged
in
court?
A
Didn't
have
an
answer
at
the
time
and
I
morning
where
we
at
with
that
program,
and
you
can
kind
of
quickly
walk
me
through
the
timeline
on
the
borrowing
and
the
implementation
of
that
program.
We
think
it's
very
important,
and
also
can
you
talk
to
me
and
I
know
they
have
them
some
discussions
about
the
second
phase
of
that
program
without
no
Councilwoman
Sorrell
Parkins,
very
interested
in
the
potential
for
borrowing
for
infrastructure
improvement
on
households
at
that
population.
A
It
doesn't
always
kind
of
falls
between
the
crack
people
that
don't
make
enough
money
for
some
of
the
high-end
stuff
that's
going
on
in
the
city,
but
they
are
a
little
above
these
federally
mandated
guidelines
in
terms
of
getting
support
from
the
government
for
housing,
and
we
wanted
to
have
that
blows
and
no
interest
loan
program
to
help
infrastructure
and
individuals
houses
across
the
city.
You
can
kind
of
talk
to
me
about
that.
I
know
the
law
in
question
in.
B
C
I
can
talk
about
the
time
Rob,
Du
Bois,
director
I
can
talk
about
the
timeline
for
the
borrowing
for
the
affordable,
housing,
borrowing
and
what
we're
doing
in
the
meantime.
So
our
current
schedule
is
to
have
the
borrowing
in
July.
That
doesn't
mean
that
the
program
has
to
wait
till
july
at
paid
one
of
its
recent
meetings
passed
resolution
allowing
us
to
reimburse
costs
that
we
incur
now
when
we
issue
those
bonds.
So
we
can
start
ramping
up
the
program
now
and
then
we'll
reimburse
ourselves
in
July.
So
it's
starting
now
so.
A
Guess
my
question
is:
are
we
ready
to
implement
because
we
have
now?
No,
this
is
a
question
is
probably
not
necessarily
is
your
pay
grade?
Is
your
the
finance
guy
but
I
guess
I'm
trying
to
get
a
sense
of
Lincoln's
people
expect
support
for
the
actual
rule
out
of
a
program
that
can
literally
address
five
thousand
households
that
are
on
the
backlog
and
I'm
kind
of
unclear?
A
B
I'm
amsa
doin,
director
of
planning
and
development,
so
that
program,
the
basic
system,
repair,
adaptive,
mind
and
weatherization
program
go
home.
Repair
programs
are
run
out
of
our
department,
we're
currently
in
the
process
of
staffing
up.
We
have
hired
several
inspectors.
We
still
need
inspector.
So
if
folks
are
qualified
now
looking
for
a
job,
please
contact
the
Philadelphia
leting
Development
Corporation.
We
also
have
the
equipment
in
place,
so
the
initial
we've
contacted
about
200
households
that
were
on
the
waiting
list.
We're
scheduling
the
inspections.
B
Now
we
anticipate
through
april
may
june
that
over
the
course
of
those
are
probably
in
april,
because
we're
ramping
up
we'll
do
an
additional
200
inspection.
We
anticipate
by
the
end
of
about
june,
will
be
up
to
500
and
based
on
those
inspections.
Hopefully
no
rien
structions
are
needed.
We
can
actually
start
doing
those
improvements
in
may
may.
B
B
B
B
Contractor
side
we
are
working
with
them.
We
have
been
meeting
with
the
contractors
to
see
what
their
capacity
would
be
to
increase
the
contract.
We'd-
probably
be
sometimes
in
summer
when
we
increase
contracts,
but
that's
not
throwing
us
down
we're
just
going
to
continue
to
roll
through
the
contractors
that
we
have,
and
now
all
of
them
were
at
the
max
capacity
of
their
contract
that
we
currently
allow.
So
we
are
going
to
maximize
everybody's
existing
contract
and
then
can
increase.
B
Now,
but
there
are
certain
limits
that
I,
but
a
few
hundred
thousand
dollars
that
each
contractor
can
have
under
contract
right
now.
We
expect
it
expect
to
be
able
to
expand
that
I
think
to
a
million
dollars
once
the
bond
issue
happen,
but
not
every
contract
was
working
up
to
that
maximum.
Currently,
so
we
are
increasing
what
we
can
currently
in
anticipation
of
increasing
further
when
the
bond
issues
happen.
So.
B
B
B
A
B
A
B
Do
have
an
RFQ,
that's
not
on
the
street,
to
get
additional
contractors,
but
we
do
believe
with
our
contractors.
We
have
they
have
additional
capacity,
and
so
we've
been
also
working
with
the
existing
contractors
to
make
sure
that
when
we
are
able
to
expand
the
contract
that
they
have
what
they
need
in
order
to
to
grow
the
capacity
with
the
contractors
that
we
have
in
play.