COUNCILMEMBER GAUTHIER INTRODUCES BILL TO HELP COMMUNITY DEVELOPMENT CORPORATIONS BUILD AFFORDABLE HOUSING AND DEFY DISPLACEMENT

COUNCILMEMBER GAUTHIER INTRODUCES BILL TO HELP COMMUNITY DEVELOPMENT CORPORATIONS BUILD AFFORDABLE HOUSING AND DEFY DISPLACEMENT

PHILADELPHIA - “Today I introduced legislation that builds our capacity for equitable community transformation by creating a new, flexible funding program

Preserving Affordable Housing: Local Strategies to Prevent Displacement and Foster Stability

Local acquisition and rehabilitation programs invest in preserving affordable housing units and supporting community-ownership models. These programs empower community members, help prevent displacement, and support Affirmatively Furthering Fair Housing (AFFH), even in an environment of uncertainty around Federal funding and oversubscribed State funding programs. California’s Affirmatively Furthering Fair Housing (AFFH) law, AB 686, requires all…