Philly’s ‘Good Faith’ Back-Up Plan for More Affordable Housing Funds
“In the end, the mayor didn’t even have to veto the bill. In the hours before Philadelphia City Council was scheduled to start its fall session last week, Philadelphia Mayor Jim Kenney and City Council officials announced that they had reached a compromise deal on adding money to the city’s affordable housing trust fund, abandoning a plan to impose a one-percent tax on new construction projects in the city.”