Small landlords own nearly half of all licensed rental units, and the city relies on them to offer affordable housing. So a new city program is offering $10,000 loans to help small landlords through the pandemic.
Small landlords own nearly half of all licensed rental units, and the city relies on them to offer affordable housing. So a new city program is offering $10,000 loans to help small landlords through the pandemic.
The program will begin accepting applications July 6, but with the eviction moratorium set to expire a few days later, some fear the cash won’t flow fast enough.
The program will begin accepting applications July 6, but with the eviction moratorium set to expire a few days later, some fear the cash won’t flow fast enough.
Having lived in Chinatown, Northern Liberties, Bella Vista, and now Point Breeze, Mary Rastatter became familiar with local artists from visiting neighborhood galleries, and as a guide with the city's Mural Arts program.
Having lived in Chinatown, Northern Liberties, Bella Vista, and now Point Breeze, Mary Rastatter became familiar with local artists from visiting neighborhood galleries, and as a guide with the city's Mural Arts program.
State and county agencies will start accepting applications for rent and mortgage relief on July 6 to help those who have lost income because of the coronavirus pandemic.
Mortgage-backed home sales in the lower half of the market have dropped significantly over the past decade as sale prices have doubled in Philadelphia.
The growing list of loans in danger of default reflects deepening concern that owners of all types of property will begin missing mortgage payments en masse, as their shuttered or otherwise cash-starved tenants increasingly fail to make rent.
The hydrangeas that came through the late spring frost unscathed are beginning to bloom. For many folks, hydrangeas are as timeless and carefree as summer itself. Big, blue or pink mopheads evoke notions of vacation at the beach, the whiff of sun lotion and the dulcet beat of crashing waves.
A year after a disastrous fire shut down the Philadelphia Energy Solutions refinery, the bankrupt complex was sold to a Chicago developer that promises to generate thousands of jobs and rebuild the site as an “environmentally responsible” commercial hub.
The 450,000-square-foot rental apartment complex at 51 Washington Street will open in the fall of 2022, joining the boom of commercial and residential development in the one-square-mile borough along the Schuykill River.
A Chicago development company will get almost all of the last-minute price cut it sought to buy the bankrupt Philadelphia Energy Solutions, setting the stage for the sale of the 1,300-acre refinery complex to close.
When they bought the home, exposed brick was visible, but Chris Greenawalt, an architect, suspected there were other details just waiting to be discovered. He was right.
A year after a devastating fire shut down the Philadelphia Energy Solutions refinery, a Chicago development company on the verge of buying the bankrupt 1,300-acre property is seeking a last-minute break in the sales price.
