· philadelphia city council took a detailed dive into the proposed $194. 5 million inaugural budget for the housing opportunities made easy (h. o. m. e. ) initiative. Here’s what to know. Mayor cherelle parker is setting the stage to reshape philadelphia s housing landscape under her watch. Philly s dearth of affordable housing is at crisis levels as home. The mayor strongly opposed prioritizing the citys lowest-income households. · the real estate industry in philadelphia has been in a lull these past few years, slowed by heightened interest rates, the weakening of the 10-year property tax abatement, and an apartment glut in some parts of town. With high home prices and mortgage rates, renters and homeowners still won’t have much mobility in the new year. · some residents, who say they still are recovering from the trauma caused by the process of the 76ers abandoned plans to build a new arena on east market, feel this new situation is all too. · from sprawling life-sciences complexes to downtown-redefining highway-cap parks, here are the philly real estate development projects we’re excited about. Twice-weekly trash collection comes to north philly in january. · philadelphia is facing a severe housing crisis that threatens the city’s economic foundation, with many renters severely cost-burdened and homeownership increasingly out of reach. Council’s committee of the whole.

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