PASSED
The enacted ordinance amends Philadelphia’s Housing Trust Fund rules to allow up to $5 million each year to provide operating support for affordable rental units developed with the federal 4% Low Income Housing Tax Credit when that support is needed to make the development feasible. It affects affordable housing developments and the households they are intended to serve.
Amending Chapter 21-1600 of The Philadelphia Code, entitled "Housing Trust Fund," to provide annual operating support for affordable rental units that are developed using the 4% federal Low Income Housing Tax Credit; all under certain terms and conditions.
Pass2014-06-19
Action by CITY COUNCIL
A motion was made that this matter be PASSED. The motion carried by the following vote:
16 Yes·0 No·0 Absent
Roll Call
| Member | Vote |
|---|---|
| Blondell Reynolds Brown | Yes |
| Bobby Henon | Yes |
| Brian J. O'Neill | Yes |
| Cindy Bass | Yes |
| Curtis Jones, Jr. | Yes |
| Darrell L. Clarke | Yes |
| David Oh | Yes |
| Dennis M. O'Brien | Yes |
| James F. Kenney | Yes |
| Jannie L. Blackwell | Yes |
| Kenyatta Johnson | Yes |
| Maria D. Quiñones-Sánchez | Yes |
| Marian B. Tasco | Yes |
| Mark Squilla | Yes |
| W. Wilson Goode, Jr. | Yes |
| William K. Greenlee | Yes |