Title
Amending Title 18 of The Philadelphia Code entitled "Commerce" by renaming the title to read as "Commerce, Economic and Community Development;" and further amending Title 18 by adding a new Chapter 18-300 entitled "Community Development" which reenacts with certain changes the provisions now set forth in Chapter 21-1100 relating to the development, implementation and administration of the Community Development Block Grant plan and program, a new Chapter 18-400 entitled "Community Revitalization and Infrastructure Benefit Fund" which provides for the establishment and administration of a Community Revitalization and Infrastructure Benefit Fund, and a new Chapter 18-500 entitled "Tax Increment Financing Districts" which reenacts the provisions now set forth in Chapter 21-1400 relating to reporting requirements for tax increment financing districts; and repealing Chapter 21-1100 entitled "Community Development" and Chapter 21-1400 entitled "Tax Increment Financing Districts;" all under certain terms and conditions.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Title 18 of The Philadelphia Code is hereby amended to read as follows:
TITLE 18. COMMERCE, ECONOMIC AND COMMUNITY DEVELOPMENT.
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CHAPTER 18-300. COMMUNITY DEVELOPMENT
ยง18-301. Intent of City Council.
(1) It is the intent of this Council that the goals, policies, requirements and procedures prescribed by this Chapter shall apply to the funds which the City receives under the Housing and Community Development Act of 1974, as amended, for Community Development funding year ("CD year") 26 and any CD year thereafter. The requirements of Section 18-306 shall apply to all previous CD year funds.
(2) To the extent the Office of Housing and Community Development ("OHCD"), acting on behalf of the City, has performed an obligation required by this Chapter for CD Year 26 prior to the enactment of this Chapter, the City shall be considered in compliance wi...
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