City of Philadelphia - File #: 210681

• File #: 210681
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 9/17/2021
• In control: Committee on Finance
• Final action: 10/14/2021
• Title: Approving the 2021-2022 Neighborhood Preservation Initiative Program Statement and Budget, which addresses the expenditure of $100 million by various agencies in the first year of the Neighborhood Preservation Initiative Program, and approving a Substantial Amendment to the Annual Action Plan 2021-2022, the City's consolidated housing and housing-related expenditures plan, to incorporate the Program Statement and Budget into the Action Plan.
• Sponsors: Council President Clarke, Councilmember Green
• Indexes: NEIGHBORHOOD PRESERVATION INITIATIVE

Date	Ver.	Action By	Action	Result	Tally
10/20/2021	0	MAYOR	SIGNED
10/14/2021	0	CITY COUNCIL
10/7/2021	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL
10/7/2021	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
10/7/2021	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
10/6/2021	0	Committee on Finance	HEARING NOTICES SENT
10/6/2021	0	Committee on Finance	HEARING HELD
10/6/2021	0	Committee on Finance	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
9/17/2021	0	CITY COUNCIL	Introduced and Referred

Title
Approving the 2021-2022 Neighborhood Preservation Initiative Program Statement and Budget, which addresses the expenditure of $100 million by various agencies in the first year of the Neighborhood Preservation Initiative Program, and approving a Substantial Amendment to the Annual Action Plan 2021-2022, the City's consolidated housing and housing-related expenditures plan, to incorporate the Program Statement and Budget into the Action Plan.

Body
WHEREAS, In accordance with the approval of City Council in Bill No. 210475 (approved July 15, 2021), the City has filed applications for various forms of United States Department of Housing and Urban Development ("HUD") funding, as set forth in the City's Annual Action Plan 2021-2022; and

WHEREAS, The City has prepared a 2021-2022 Neighborhood Preservation Initiative Program Statement and Budget establishing a budget for expenditure of $100 million in funds to be generated by a bond offering in the first year of the program, which funding is to be spent on housing preservation, the production of affordable housing and other related programs and activities, which is attached as Exhibit "A" hereto; and

WHEREAS, The City seeks to make a Substantial Amendment to the Annual Action Plan 2021-2022 by incorporating the 2021-2022 Neighborhood Preservation Initiative Program Statement and Budget into the City's Annual Action Plan 2021-2022, now, therefore,

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. The 2021-2022 Neighborhood Preservation Initiative Program Statement and Budget attached hereto as Exhibit "A" is hereby approved.

SECTION 2. Amendment of the Annual Action Plan 2019-2020 to incorporate the 2021-2022 Neighborhood Preservation Initiative Program Statement and Budget into the Action Plan is hereby approved. The Department of Planning and Development is hereby authorized to incorporate the information contained in the Program Statement and Budget into the Action Plan as deemed ...