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From YouTube: Property Tax Relief Bills Signing 7-27-2022
Description
Mayor Jim Kenney joined City Councilmembers and local community members at a signing event regarding recent bills passed by City Council that will provide substantial relief to homeowners that have been affected by the long-term boom in the real estate market.
This includes an increase in the Homestead Exemption from $45,000 to $80,000, an increase in funding available for the Longtime Owner Occupants Program (LOOP), and changes to the Senior Tax Freeze program, which collectively will increase access to these programs for many low-and mid-income households.
B
The
new
property
assessments
announced
earlier
this
year
reflect
significant
growth
and
we
know
they
will
affect
homeowners
and
other
property
owners
and
tenants.
At
the
same
time,
growing
property
values
reflect
well
in
philadelphia
being
a
place
of
choice
to
represent
an
opportunity
to
build
wealth
for
some
with
the
potential
to
change
lives.
They
reflect
significant
economic
growth
across
the
city.
B
B
These
bills,
negotiated
with
our
partners
and
city
council,
will
help
deliver
on
that
promise.
Providing
substantial
relief
to
homeowners
that
have
been
affected
by
the
long-term
boom
in
the
real
estate
market
we've
increased
the
homestead
exemption
from
forty
five
thousand
to
eighty
thousand.
The
homestead
exemption
reduces
the
taxable
portion
of
a
property's
assessed
value.
B
Now,
income
qualifying
homeowners
will
be
able
to
retroactively
enroll
in
the
senior
freeze
program,
which
is
generally
for
vulnerable
residents
who
are
65
and
older.
This
means
that
if
someone
is
70
but
are
just
learning
about
the
program
and
were
qualified
when
they
were
65,
they
can
freeze
their
property
value
at
the
amount
it
was
when
they
were
65..
B
These
changes,
combined
with
the
business
and
wage
tax
reductions
that
we
signed
here
last
month,
represent
a
new
and
welcome
trajectory
for
our
city.
Take
it
as
a
whole.
These
moves
will
protect
our
seniors
and
long-term
hometime
homeowners,
particularly
low
and
mid-income
households,
while
benefiting
workers,
employers
and
the
city
as
a
whole
for
generations
to
come.
B
These
changes
and
and
the
fy
23
budget
as
a
whole
will
help
spur
economic
growth
that
philadelphia
needs
to
sustain
and
thrive
as
a
world-class
place
to
live,
work
and
do
business
and
I'm
very
proud
of
the
collaboration
to
get
this.
To
this
point,
I
want
to
thank
city
council,
particularly
council
president
clark
and
council
member
johnson
for
their
leadership
on
this.
I
also
want
to
thank
finance
director,
rob
deboe
and
revenue
commissioner,
frank
breslin
and
their
teams
for
their
invaluable
effort
in
getting
us
to
this
point.
B
C
My
team
and
I
decided
to
come
up
with
a
initiative
called
the
save
our
homes
proposal
and
that
proposal
primarily
focus
on
making
sure
that
we
provide
a
level
of
tax
relief
for
those
individuals
who
will
be
significantly
impacted
impacted,
as
relates
to
the
significant
increase
in
property
taxes.
And
so
I
want
to
thank
the
mayor,
and
I
want
to
thank
his
team
for
working
in
partnership
with
us.
C
But,
most
importantly,
it's
about
making
sure
that,
when
individuals
who
have
always
lived
inside
their
homes
have
the
ability
to
stay
inside
their
homes,
regardless
of
the
amount
of
money
that
it
takes
for
them
to
pay
for
their
property
taxes.
So
I
know
for
a
fact
in
growing
up
on
point
breeze
and
as
I've
seen
the
trans,
the
significant
changing
of
my
neighborhood,
because
some
individuals
can't
pay
their
taxes
and
they
have
to
make
a
decision.
Do
I
pay
for
my
daycare
provider
services,
or
do
I
pay
for
my
property
taxes?
C
Do
I
pay
to
get
the
roof
fixed,
or
do
I
pay
for
my
property
taxes,
and
so
these
initiatives
will
allow
individuals
to
not
have
to
make
that
choice
but,
most
importantly,
allow
them
the
ability
to
stay
inside
their
homes.
I
want
to
also
thank
monty
from
community
legal
services.
I'm
asked
if
I
give
him
a
round
of
applause,
because.
C
Cp
every
time
we
call
him
to
ask
for
a
level
of
assistance
regarding
tax
policy,
monty
always
steps
up
to
the
plate
with
community
legal
services
to
provide
their
intellectual
brain
power
to
make
sure
those
who
are
primarily
impacted,
particularly
as
relates
to
the
increase
in
their
property
tax-
and
we
saw
in
this
last
assessment,
particularly
individuals
from
black
and
brown
neighborhoods.
But
also
I've
been
doing
this
work
for
a
while.
C
So
we
wanted
to
take
a
comprehensive
approach
and
I'm
going
to
ask
for
council
president
daryl
clark
to
speak
on
behalf
of
council,
because
we
didn't
just
stop
there
and
some
folks
going
to
say.
Well,
you
didn't
help
everybody.
You
know
everybody
should
have
got
a
level
of
tax
relief,
and
I
can
say
this
particular
proposal
was
very,
very
comprehensive,
but
I'll
tell
you
who
we
did
help.
C
We
did
help
those
the
most
vulnerable
population
here
in
the
city
of
philadelphia.
We
did
help
those
individuals
are
primarily
poor
and
low
income.
We
did
help
individuals
who
want
the
verge
of
losing
their
homes
in
the
heavily
gentrified
neighborhoods,
because
they
have
been
seeing
again
significant
increases
in
their
property
taxes,
and
so
we
didn't
just
stop
there.
C
Council
president
is
also
going
to
talk
about
an
initiative
that
he's
going
to
provide,
as
it
relates
to
helping
those
who
can't
benefit
from
this
particular
program,
but
also
the
funds
that
we
put
aside
for
home
ownership
and
supporting
those
other
individuals
who
are
significantly
impacted.
Council
president.
A
Thank
you,
councilman.
Thank
you
so
much
and
good
afternoon.
First,
I
want
to
say
how
much
I
appreciate
having
the
opportunity
to
work
with
these
great
people.
At
the
end
of
the
day,
the
administration,
the
mayor,
the
council,
our
staffs
working
together
folks
from
revenue
that
pulled
together
what
we
believe
to
be
an
extremely
significant,
comprehensive
approach,
as
councilman
johnson
has
said.
You
know
we
have.
A
This
saying
is
that
the
most
affordable
home
is
actually
the
one
that
you
live
in
right
and
the
bottom
line,
anything
that
we
can
do
to
ensure
that
that
person
is
able
to
stand
at
home
irrespective
of
income.
You
know
color
creed,
all
of
that,
staying
at
home
if
they
so
choose.
So
I
want
to
commend
you
councilman
for
twisting
arms
to
making
sure
that
we
got
this
done.
A
I
want
to
thank
the
mayor
and
his
team,
mr
de
beau
and
frank,
and
all
those
for
working
with
us,
my
council,
colleagues,
councilwoman
sanchez
and
councilwoman
mccarthy,
your
and
the
rest
of
us
for
pulling
together.
The
councilman
talked
about
a
an
initiative
and
I
was
actually
ready
to
call
rob
the
beau
up
here,
but
you
know
that's
the
mayor's
call,
but
seriously
we're
gonna.
Do
these
very
significant
measures
and
it's
gonna
create
an
environment
where
a
lot
of
people
are
going
to
be
comfortable.
A
A
lot
of
people
are
going
to
be
able
to
stay
in
their
homes.
A
lot
of
people
are
going
to
get
much-needed
relief,
but
there's
still
going
to
be
some
people
that
are
going
to
fall
through
the
cracks.
By
virtue
of
the
nature
of
this
monumental
assessment.
People
talk
about
the
fact
there's
unprecedented
level
of
development.
Yes,
but
on
the
other
side
of
the
coin,
it
does
increase
prices
so
working
with
the
administration
we're
putting
together
a
program.
A
I
don't
even
know
we
have
an
official
name
yet
where
we
want
to
make
sure
that
we
have
a
fund.
That's
currently
set
in
the
mayor's
fund
revenues
set
aside
to
ensure
that
we
can
provide
cash
assistance
to
those
individuals
that
qualify
that
won't
be
able
to
take
advantage
of
this.
So
we
want
to
make
sure
that
we
get
this
done
and
done
in
a
meaningful
way,
so
councilman
mayor
council
colleague
all
of
its
supportive
members-
thank
you
all
so
much
and
for
the
citizens
in
the
city
of
philadelphia.
A
C
C
Educating
the
residents
to
help
and
helping
them
make
decisions
if
if
they
want
to
participate
in
loot
or
they
want
to
participate
in
the
homestead,
is
it
better?
Is
it
better
to
participate
in
the
senior
citizens
tax
freeze
program,
or
is
it
better
to
to
participate
in
the
tax
deferment
program?
So
we're
going
to
have
a
very,
very
robust
community
engagement
process
to
make
sure
that
people
are
educated
and,
most
importantly,
informed
about
what's
best
for
them,
as
relates
to
tax
relief?
C
So
I
wanted
to
put
that
out
there,
because
I
know
with
some
information
that
I
believe
that
really
wasn't
well
written
rut
wasn't
well
written
researched
and
informed,
and
so
I
wanted
to
make
sure
we
have
the
proper
information
put
out
there,
as
relates
to
this
particular
initiative,
and
at
this
particular
time
I
want
to
call
up
mr
monty
from
community
legal
services
again.
Thank
you.
D
Thank
you
councilman.
Thank
you.
Council
president,
mr
mayor,
my
name
is
monty
wilson,
I'm
a
senior
attorney
at
community
legal
services,
and
you
heard
them
speak
earlier.
Thanking
me
for
my
work.
I
actually
want
to
take
a
second
to
not
take
all
the
credit.
I've
been
doing
this
tax
work
for
almost
15
years
now
at
community
legal
services,
but
I
have
a
whole
team
that
I
work
with
and
I
think
they
deserve
to
be
recognized,
particularly
my
other
team
members.
Jonathan
stroke.
D
Jonathan
scrow
and
kate
dugan
we
we
put
together
the
proposals
that
we
immediately
sent
out
to
city
council
the
day
the
assessments
came
out
and
said:
hey
can
we
do
some
of
this
and
to
their
credit-
and
this
has
been
true
for
over
a
decade,
they
returned
our
phone
calls,
and
I
want
to
thank
you
to
all
of
city
government
for
being
responsive
to
this
kind
of
issue.
Instead
of
just
saying
we'll
get
back
to
you
as
you
can
see,
they
were
all
over
it
and
I
will
tell
you
at
community
legal
services.
D
The
day
after
the
new
assessments
came
out.
We
immediately
just
looked
up
our
clients
and
were
immediately
desperately
concerned
for
our
clients
were
facing
the
reported
average
of
31
increase
without
even
looking,
I
found
one
one
client
of
mine
who's,
an
81
year
old,
african-american
woman
living
in
north
philadelphia
who's.
Looking
at
175
percent
increase
in
her
tax
assessment
this
year.
She
can't
afford
that
bill.
D
I
have
another
client
in
southwest
philadelphia
who's
unemployed
because
of
the
pandemic
living
on
about
three
hundred
dollars
a
month
he's
looking
at
a
275
percent
increase
in
his
assessments
this
year.
There's
no
way
he
can
cover
that
bill.
Without
these
programs
they
would
lose
their
homes
with
these
programs
they're
going
to
be
fine.
That
is
the
biggest
difference
in
the
world.
My
one
client
is
going
to
be
eligible
for
the
for
the
tax
exemption
of
eighty
thousand
dollars.
That'll
get
her
a
bill
she
can
afford.
Along
with
the
senior
freeze.
D
My
other
client
we're
going
to
enroll
him
in
loop,
he'll
be
fine,
but
without
those
programs
they
would
lose
their
homes.
These
three
programs,
as
you
heard
the
mayor,
say
earlier,
we
have
one
program
that
is
simply
increasing
the
exemption
to
eighty
thousand
dollars
that
will
lower
most
people's
tax
bills
for
especially
for
a
low
income
senior
living
on
a
fixed
income,
who's
living
on
maybe
800
a
month
having
to
pay
a
200
a
year
tax
bill
versus
maybe
a
1500
a
year.
D
Tax
bill
is
a
world
of
difference
for
other
clients
who
who
maybe
miss
their
chance
to
enroll
in
the
senior
freeze
and
get
their
assessment
locked
in
at
a
rate
they
could
afford.
They
now
have
a
chance
to
apply,
even
if
they
did
miss
the
initial
time
they
should
have
when
they
turn
65
they're,
not
getting
something
they're
not
entitled
to
they're,
getting
some
a
benefit.
They
should
have
gotten
for
years.
D
D
We've
adapted
it
to
help
people
dealing
with
gentrification
this
time,
we've
done
that
again,
making
it
more
eligible
for
people
and
also
making
it
so
that
if
your
assessments
are
creeping
up
slowly
over
time,
you
can
get
enrolled
in
this
program
because
of
the
loop
program,
my
client
in
southwest
philadelphia
living
on
employment
he's
going
to
have
to
pay
his
taxes
and
he'll
pay.
His
fair
share
but
he'll
be
able
to
stay
in
his
home
and
even
though
the
council
president
stole
my
thunder
a
minute
ago.
B
A
A
E
E
So
back
during
the
budget
process,
the
chief
assessor
testified
that
we'd
get
the
assessment
notices
out
by
the
beginning
of
september
and
we're
working
hard
to
beat
that.
So
we
think
we'll
beat
that
by.
You
know
a
few
couple
of
weeks
or
a
few
weeks
and
that's
our
goal
and
those
will
have
first
level
review
forms
with
them
that
people
can
send
in
to
go
through
the
informal
process
and
then
decide
whether
they
want
to
appeal.