New PHA development policy designed to increase supply of quality affordable housing
The Philadelphia Housing Authority has set a goal of creating 6,000 new affordable housing units through partnerships with public, private, nonprofit, and publicly-minded organizations.
The PHA Board recently approved a new policy that will expand the agency's development and redevelopment efforts. The policy also signals PHA's intention to work collaboratively towards that end.
The housing authority's inventory is approximately 6,000 units below the federal limit. The result is unused subsidy authority and missed opportunities to create more housing. With a waiting list of over 100,000 people, the demand for affordable housing in Philadelphia is critical. This ambitious plan is PHA's attempt to address that ever-increasing need.
The new policy empowers PHA to consider partnership proposals from developers that would allow the agency to direct subsidies to some units in a development, encouraging mixed-income, mixed-use neighborhoods. PHA will give priority to proposals that will serve "at-risk" populations, including veterans, the homeless, persons with disabilities, and youth aging out of foster care, among others.
The agency will also seek locations that give residents easy access to transportation, education, health care, and other services, also known as "access to opportunity."
"PHA has been working on repositioning its real estate portfolio," said Kelvin Jeremiah, Interim Executive Director. "We realized some time ago that we need to do this through well-formed public-private partnerships with organizations or groups who have the expertise to serve city residents in need of affordable housing. The agency cannot meet that demand by itself."
Jeremiah also said that open and transparent policies are critical if PHA is to maximize partnerships and conduct development activities that are consistent with the agency's mission. He believes that the new policy lays the groundwork for an aggressive effort to create housing opportunities and revitalize neighborhoods.
PHA has the largest scattered site portfolio in the United States and has been working to divest itself of some of those properties via public auction and disposition to nonprofit groups in the city. This new policy, however, will also promote large-scale development deals with the goal of assembling properties that are adjacent or close to each other.
"We are looking for opportunities where PHA's participation makes a development proposal viable," Jeremiah said. "That way, we can preserve or develop affordable housing opportunities, many of which were lost when the high-rises were demolished and units were not replaced one-for-one."
The new development policy is also in line with Mayor Michael A. Nutter's priority of combating blight in the city. Preference will be given to proposals that incorporate surplus vacant property owned by PHA, the City, the School District of Philadelphia, the Archdiocese of Philadelphia, or other public agencies. Both the School District and the Archdiocese have closed a number of schools and have plans to close even more in the future, in addition to the churches that have been closed by the Archdiocese.
Other features of the new policy include a requirement that site designs contain defensible space to promote safety. The use of sustainable materials and designs that meet Enterprise Green Communities or LEED standards is also strongly encouraged.
Additional information will be posted on PHA's web site, www.pha.phila.gov.
+ Top Story
New York’s attorney general on Monday accused Wells Fargo and Bank of America of violating the terms of last year’s national mortgage settlement by failing to process hundreds of refinancing requests promptly.
Christine Pacheco, director of career services at The Art Institute of Colorado, and Kristin Frank, director of career services at The Art Institute of Phoenix, share the top dos you should include to get noticed and get your foot in the door - and the don’ts that could get your resume tossed in the trash.
Whether you're one of those people in need of a personal trainer or you're looking for work in a dismal job market, the bureau of labor statistics reports "employment of fitness trainers and instructors is expected to grow by 24 percent from 2010 to 2020, faster than the average for all occupations."
President Barack Obama's fiscal year 2014 budget is unlike any previous presidential budget request in recent history. It is not a statement of the president's vision for the federal budget. It does not represent what he thinks is the best course of action for spending, taxation, and...
Sheryl Sandberg. By now you know who she is, you've heard her story, and you have her book. You know the whole shebang, and you've made up your mind whether you like her or not. I must admit that before I met her in person, I was not an immediate fan.
African American investors report high levels of confidence in their financial future, along with optimism about the political and economic future of the country, according to a recent Wells Fargo nationwide survey.
A new report reveals houses are selling faster and for more money, yet another indicator of a rebounding housing market. According to the National Association of Realtors, full-year sales of previously owned homes increased by 9 percent in 2012 over the previous year.
The migration of women from the workforce into business ownership is one of the great economic realizations of the American Dream. The U.S. Women's Chamber of Commerce has grown to more than 500,000 members.






