January 8, 2015 |
TRENTON - The New Jersey Supreme Court on Tuesday confronted the possibility of intervening in the state's promulgation of affordable housing rules, two months after the Christie administration failed to meet a court-ordered deadline for adopting new regulations. During 31/2 hours of oral arguments, the justices expressed doubt that the state agency responsible for developing the rules would do so soon, and sought to pursue alternative means to achieve that goal without violating the separation of powers.
January 6, 2015 |
A lucky few chosen from thousands of applicants soon will be able to call the Riverfront Village in Pennsauken their new home. With construction expected to finish ahead of schedule, the first tenants could begin moving into their new digs in February, said Nick Cangelosi, a project manager for Conifer L.L.C., the construction and management company overseeing the project. "It's moving quickly," Cangelosi said in an interview last week. Construction began in March and was expected to take at least 12 months.
December 28, 2014 |
Even as Gov. Christie has slammed the state Supreme Court as too "activist," his administration's inability to establish new affordable-housing rules has raised the prospect that the high court will intervene next year. New Jersey has failed for more than a decade to update its requirements to help municipalities satisfy their constitutional obligation to each provide a fair share of the region's affordable housing to low- and moderate-income residents. After repeated attempts by the Christie administration to fundamentally change that process, the court will hear oral arguments next month in a case brought by affordable-housing advocates, who want the justices to coordinate development of new rules.
December 7, 2014 |
The Philadelphia region's real estate market is booming again, with high-rise cranes towering over Center City and suburban markets doing well, too. But can it also create more affordable homes and rentals? "Strengthening Equitable Development in Philadelphia," a conference from 8:30 a.m. to 2 p.m. Wednesday at the Federal Reserve Bank of Philadelphia, will pose relevant questions. Hosted by the Philadelphia Association of Community Development Corporations (PACDC), the conference is open to the public.
December 2, 2014
CITY COUNCIL'S Public Property Committee is scheduled to hold a hearing today on a resolution to officially establish a Philadelphia Land Bank. The Land Bank law passed late last year. This new resolution takes it a step further and lays out a five-year plan on the goals of the new agency. We urge Chairman Bobby Henon and the committee members to approve the resolution and send it on to the full Council, where we also urge its passage before the end of this year. The legislation is crucial to the future of Philadelphia.
December 1, 2014 |
At the corner of Haddon and Powell Avenues in Collingswood, you can pop into Collings North, the newly opened final phase of a development in the town's center. And soon, you'll also be able to pop in to visit the developer himself. Brad Ingerman, whose company's headquarters are moving from Cherry Hill, will occupy the ground floor, potentially for a long time. "We're not flippers, we build and hold," Ingerman says. "Fifteen years is our minimum holding period. We still own two-thirds of our projects.
November 11, 2014
IF VETERANS DAY is about honoring the men and women who have bravely served our country, why is it that tens of thousands of them are left to trudge from shelters to street corners with no place to call home? Veterans suffer from disproportionately high rates of post-traumatic stress disorder, traumatic brain injury, substance abuse and other crippling health conditions. Those without family and social-support networks often find it difficult to hold a job and pay the rent. As a result, in Philadelphia alone, there are more than 1,400 veterans living on the streets, with thousands more at risk of falling through the cracks of the system, according to data just released from the U.S. Department of Housing and Urban Development.
October 22, 2014 |
TRENTON - Despite a looming deadline ordered by the New Jersey Supreme Court, the state Council on Affordable Housing on Monday did not approve new rules governing the creation of affordable housing. The outcome was cheered by affordable-housing and environmental interest groups, who said the rules before the board would not require enough affordable housing to be built to meet the state's needs, and would lead to development of open space rather than redevelopment. But others said the inaction - the result of a 3-3 vote - would prolong the uncertainty for municipalities, making it difficult for them to plan how much affordable housing they need to make available.
October 18, 2014 |
You could probably fit every unit of affordable housing being built in Philadelphia today inside one of the fancy glass skyscrapers going up in University City, and still have a couple of floors left over. That's not because the new towers are so immense, but because the city produces so little subsidized housing for the poor and working class. It wasn't always that way. From the 1950s through the Clinton years, the federal government financed thousands of units of affordable housing.
October 9, 2014 |
IN MARCH, City Council launched a plan to create new affordable housing, both in rental properties and in homeownership. City Council President Darrell Clarke said the "2,000 New Affordable Housing Units Initiative" would address both a severe affordable-housing shortage and growing income inequality. "Most of the units currently being built in Philadelphia are not affordable to the vast majority of residents," Clarke said March 17. Yesterday, Clarke announced two Philadelphia housing agencies, the city's Office of Housing and Community Development and the federally funded Philadelphia Housing Authority, were issuing separate requests for proposals to obtain financing to build affordable rental housing.