Title
Amending Chapter 7-100 of The Philadelphia Code, entitled "Inclusionary Affordable Housing;" Title 4 of The Philadelphia Code, entitled "The Philadelphia Building Construction and Occupancy Code," by amending Subcode A, entitled "The Philadelphia Administrative Code;" further amending Title 14 of The Philadelphia Code, entitled "Zoning and Planning;" and making conforming amendments to other sections of The Philadelphia Code; by revising requirements, providing incentives for the voluntary development of projects that include affordable housing and making technical changes, all under certain terms and conditions.
Body
WHEREAS, Bill No. 071005-A (approved January 3, 2008) amended Title 7 of The Philadelphia Code, (Housing Code) by creating a new chapter, relating to inclusionary affordable housing, requiring certain development projects to set aside a percentage of dwelling units within the project for affordable housing; and
WHEREAS, Many inclusionary affordable housing ordinances provide for bonuses and offsets to compensate developers for the decrease in revenue realized on inclusionary affordable housing projects; and
WHEREAS, Section 2 of Bill No. 071005-A provided that the ordinance would take effect upon the adoption by Council of legislation certifying that developer incentives were in place for development projects where inclusionary affordable housing was required; and
WHEREAS, Council now wishes to convert the requirement for inclusionary affordable housing from a mandatory to a voluntary program and establish incentives for the voluntary development of affordable housing in accordance with the provisions of Chapter 7-100 of The Philadelphia Code (Inclusionary Affordable Housing); now, therefore
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Title 4 of The Philadelphia Code is hereby amended to read as follows:
* * *
TITLE 4. THE PHILADELPHIA BUILDING CONSTRUCTION AND OCCUP...
Click here for full text