City of Philadelphia - File #: 060466

• File #: 060466
• Version: 0
• Type: Bill
• Status: LAPSED
• File created: 5/25/2006
• In control: Committee on Housing, Neighborhood Development and The Homeless
• Title: Amending Chapter 21-1600 of The Philadelphia Code, entitled "Housing Trust Fund," to require that all Philadelphia Housing Trust Fund dollars be appropriated and expended equally between each councilmanic district within the City of Philadelphia; all under certain terms and conditions.
• Sponsors: Councilmember Blackwell
• Indexes: HOUSING TRUST FUND
• Code sections: 21-1600 - Housing Trust Fund

Date	Ver.	Action By	Action	Result	Tally
6/8/2006	0	Committee on Housing, Neighborhood Development and The Homeless	HEARING HELD
6/8/2006	0	Committee on Housing, Neighborhood Development and The Homeless	WITHDRAWN
6/7/2006	0	Committee on Housing, Neighborhood Development and The Homeless	HEARING NOTICES SENT
6/7/2006	0	Committee on Housing, Neighborhood Development and The Homeless	HEARING HELD
6/7/2006	0	Committee on Housing, Neighborhood Development and The Homeless	RECESSED
6/5/2006	0	Committee on Finance	HEARING NOTICES SENT
6/5/2006	0	Committee on Finance	RECESSED
5/25/2006	0	CITY COUNCIL	Referred
5/25/2006	0	CITY COUNCIL	Introduced	Pass

Title

Amending Chapter 21-1600 of The Philadelphia Code, entitled "Housing Trust Fund," to require that all Philadelphia Housing Trust Fund dollars be appropriated and expended equally between each councilmanic district within the City of Philadelphia; all under certain terms and conditions.

Body

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1.  Section 21-1603(2) of The Philadelphia Code is hereby amended to read as follows:

§21-1603.  Creation, Distribution and Use of the Trust Fund's Assets.

      (2)      Funds [appropriated] from the Housing Trust Fund shall be appropriated and expended equally between each councilmanic district within the City of Philadelphia and shall be used to fund programs and projects for the benefit of households whose annual income, adjusted for size, is less than 115% of the median income of the Metropolitan Statistical Area, as defined by The United States Department of Housing and Urban Development, that:

SECTION 2.  Effective Date.  This Ordinance shall become effective immediately.

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Explanation:

[Brackets] indicate matter deleted.

Underline Italics indicate new matter added.

End