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From YouTube: Press Conference Affordable Housing Tax Exemption Bill 12-15-2022

Description

At the Council Meeting held Thursday, Dec. 15, Council President Darrell L. Clarke will have legislation introduced to incentivize the development of affordable housing along the North Broad Street Corridor through tax exemptions.

Council President Clarke's legislation targets blighted areas in the 5th and 8th Council Districts, and is introduced pursuant to the Affordable Housing Unit Tax Exemption Act, sponsored by PA Rep. Jared Solomon (202nd) and approved by the Legislature. Rep. Solomon’s legislation authorizes "local taxing authorities to provide for tax exemptions for improvements to deteriorated areas and dwellings to incentivize the creation and improvement of affordable housing units.