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File #: 200379    Version: 0 Name:
Type: Resolution Status: ADOPTED
File created: 6/11/2020 In control: CITY COUNCIL
On agenda: Final action: 6/25/2020
Title: Calling upon the City of Philadelphia to invest in a Black stimulus package for our neighborhoods, to include $500 million in capital investments for affordable housing and commercial corridors, in addition to operating investments in a Poverty Action Fund for rent subsidy, basic income, benefits access, and job training stipends; and further authorizing the Committee on Appropriations and the Committee on Commerce and Economic Development to hold hearings to consider the City's Black stimulus.
Sponsors: Councilmember Quiñones Sánchez, Councilmember Jones, Councilmember Parker, Councilmember Gym, Councilmember Thomas, Councilmember Gauthier, Councilmember Johnson, Councilmember Green
Attachments: 1. Resolution No. 20037900, 2. Signature20037900
Title
Calling upon the City of Philadelphia to invest in a Black stimulus package for our neighborhoods, to include $500 million in capital investments for affordable housing and commercial corridors, in addition to operating investments in a Poverty Action Fund for rent subsidy, basic income, benefits access, and job training stipends; and further authorizing the Committee on Appropriations and the Committee on Commerce and Economic Development to hold hearings to consider the City's Black stimulus.

Body
WHEREAS, In Philadelphia today, Black residents are about twice as likely to live in poverty as white residents. Our City's rate of Black-owned businesses is about 2 percent. High-risk COVID-19 areas of the City are 42% Black, while low-risk communities are 17% Black. The leading cause of death among Black residents, age 15 to 34, is gun violence; and

WHEREAS, This month, City Council has a responsibility to pass a moral budget that secures Philadelphians' right to safely raise our children in affordable, accessible housing among diverse, mixed-income neighborhoods where everyone shares access to good schools and good jobs; and

WHEREAS, In the 1990s, the City of Philadelphia leveraged billions of capital federal, state, and private investments to rebuild downtown hotels, shopping centers, and amenities, through porgrams including Section 108, a nationally-recognized model for borrowing against tomorrow's federal entitlements to generate much-needed commerce and housing today; and

WHEREAS, In the 2020s, the City of Philadelphia shares a similar imperative to rebuild our neighborhoods through capital investments in affordable housing, commercial corridors, and other amenities, that will support Philadelphains who have suffered unprecedented need and disparity, in the wake of a COVID-19 crisis that has caused more than 100,000 residents to lose their jobs, and in the wake of an unprecedented movement to reinvest broken windows policing into a Black stimulus th...

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