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Housing prices and rents up: UCD releases annual “State of University City” report

December 9, 2020

The University City District this week released its “State of University City,” the annual report that details home price increases, population shifts and research, retail and office space successes in the area roughly bounded by the Schuylkill River to the east, 50th Street to the west, Market Street/Powelton Avenue/Spring Garden Street to the north and Woodland Avenue/University Avenue to the south.

The report includes data from 2019 and shows a decline or levelling off in real estate development in the area, a continued increase in home values and a slight aging of the population compared to 2000. The report does not include demographic information related to race or ethnicity.  Continue Reading

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City launches Eviction Diversion Program

September 2, 2020

The city has launched an Eviction Diversion Program to help tenants and landlords with payment arrangements during the COVID-19 pandemic. The program enables landlords and tenants to arrive at an agreement that works for both parties, without having to go to court. The program is a required process for all landlords with tenants who have had difficulty paying rent due to a COVID-19 related hardship.

This summer, the City introduced two phases of rental assistance, but doesn’t have enough funding to meet the overwhelming need.  Continue Reading

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Second round of Emergency Rental Assistance Program to begin July 6

June 30, 2020

The City of Philadelphia and Philadelphia Housing Development Corporation (PHDC) have announced a second phase of rental assistance for tenants affected by COVID-19. PHDC will begin accepting applications on Monday, July 6.

The first phase of rental assistance was able to assist more than 4,000 tenants. However, nearly 13,000 tenants applied to the program. Phase 2 will allow about 6,300 more renters to get help.

Funding for the program comes from the federal CARES Act. The Pennsylvania Housing Finance Agency is distributing funds to each county in the state. Philadelphia’s share is $28.45 million.  Continue Reading

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City launches COVID-19 Emergency Rental Assistance Program

May 11, 2020

The City of Philadelphia has announced an Emergency Rental Assistance Program, which aims to help people who have lost income and are unable to pay their rent due to the COVID-19 crisis.

The City will begin accepting applications for the program on Tuesday, May 12 at 10 a.m. The deadline to apply is Saturday, May 16 at 5 p.m.

To be eligible, renters must:

• Rent an apartment or house in Philadelphia
• Have a valid and current written lease signed by landlord
• Have lost income because of COVID-19
• Meet income guidelines  Continue Reading

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Construction begins on 8-story apartment building at 49th and Spruce

January 21, 2020

Construction has begun on a new 8-story apartment building at the former parking lot on the southwest corner of 49th and Spruce. The building will include 150 residential units from the first through seventh floors and a roof deck on the eighth floor. The project also includes 41 parking spaces and 63 bicycle spaces on the ground floor.  Continue Reading

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7-story apartment building at 46th and Chestnut gets green light; to include affordable units and parking

December 13, 2019

City Council passed legislation on Thursday changing the zoning on West Catholic High School’s parking lot at 46th and Chestnut, clearing the way for a seven-story apartment building.

Proposed by outgoing Councilwoman Jannie Blackwell, the bill passed after extensive negotiations between a group of West Catholic alumni and supporters of the school and the Spruce Hill Community Association (SHCA). West Catholic wants to lease the land to a property developer to help fund renovations and provide scholarships for students. To make the deal financially attractive, the zoning had to be changed from CMX-2 to CMX-3 so that a developer can build a much bigger structure than is currently allowed.  Continue Reading

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