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City Council takes aim at housing costs – Metro Philadelphia

Summary by Metro Philadelphia
City Council’s decision to approve $800 million in borrowing for Mayor Cherelle Parker’s H.O.M.E. plan wasn’t the body’s only action taken last week aimed at making housing more affordable. Lawmakers also voted on legislation designed to give more homeowners an opportunity to take advantage of a low-income real estate tax benefit; authorized the creation of an anti-displacement fund; and gave prospective renters the opportunity to pay down their…

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Metro Philadelphia broke the news in Philadelphia, United States on Sunday, June 15, 2025.
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