Homes missing from mayor’s budget | Real Estate Newsletter

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Philly Mayor Cherelle L. Parker's proposed budget doesn't include money to redevelop a demolished affordable housing site that's meant to be replaced. And an Inquirer story inspired a home-buyer fund.

townhouse complex where residents got help to pay rent was uncertain for years. Last year, as part of a lawsuit settlement, the city agreed to take over part of the site for the development of 70 income-restricted homes to replace the ones that have since been torn down.Keep scrolling for that story and to see how a reader was inspired to help first-time home buyers, peek insideTownhomes, subsidized rental homes that the property’s owner closed to cash in on rising property values.

“I think everybody occasionally feels pricked by something they read,” Carol Shearon, who lives in Montgomery County, told me this week. “Your article was just so poignant and so true that I thought, ‘Oh man, I would like a way to help people get homes.’” “There are significant challenges for people trying to become homeowners who have quite a hill to climb,” Dawson said. “The thinking was if we can do something to roll back some of that difficulty and give people a little extra to put down, it makes the hill a little bit less steep.”

For decades, the CDC has taught people about home ownership and helped connect them with financial assistance, “but we don’t often have control over the resources that are out there and certainly not over the larger market conditions,” Dawson said. “It’s refreshing to be able to do some direct aid.” We’ve got some tips for homeowners and renters who can’t stand their closets — or lack of closets — and wonder what they can do.property in 2004 that’s now their home. But at one point, a taxi service garage and driveway sat on the property.

Novak and Sarnowski replaced the original front lawn with their garden. Plants also grow — by design — in crevices in a rock wall that spans the front of the property.

 

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