City of Philadelphia
Public Hearing Notice
The Committee on Fiscal Stability and Intergovernmental Cooperation of the Council of the City of
Philadelphia will hold a Public Hearing on Wednesday, December 10, 2025, at 10:00 AM, in Room 400,
City Hall, to hear testimony on the following items:
An Ordinance amending Bill No. 250568 (approved June 13, 2025), entitled “An
Ordinance Authorizing and approving the execution and delivery of a Service
Agreement between The City of Philadelphia and the Philadelphia Redevelopment
Authority relating to the financing of a Housing Opportunities Made Easy (H.O.M.E.)
Plan which includes housing production and preservation, home affordability, home
owner and renter assistance, related contractor training and support, blight and vacant
property reduction, urban beautification, neighborhood infrastructure, and other related
programs; approving the issuance by the Authority of bonds, notes or other evidences
of indebtedness (including reimbursement obligations related to lines or letters of credit)
in one or more series to finance or refinance such plan and authorizing and approving
the obligation of The City of Philadelphia to pay in full when due the Service Fee and
other amounts payable under the Service Agreement; authorizing certain City officers to
take certain actions required to issue such bonds, notes or other evidences of
indebtedness; covenanting that The City of Philadelphia will make necessary
appropriations in each of the City’s fiscal years to provide for, and will make timely
payments of, the Service Fee and other amounts due under the Service Agreement;
requiring an annual program statement and budget to be approved by Council, and
other requirements; and authorizing and approving the Director of Finance of the City
and other City officials to take other necessary or appropriate actions to effectuate the
purposes of this ordinance; all under certain terms and conditions,” in order to expand
on the H.O.M.E programs and provide further process concerning spending, all under
certain terms and conditions.
Resolution authorizing the Committee on Fiscal Stability and Intergovernmental
Cooperation to hold quarterly hearings that include monthly reporting requirements, to
discuss the fiscal position and overarching social impact goals of the City, including and
as related to the Five-Year Plan and the reporting requirements set forth in the
Quarterly City Manager’s Report (“QCMR”) and as submitted to the Pennsylvania
Intergovernmental Cooperation Authority (“PICA”).
Immediately following the public hearing, a meeting of the Committee on Fiscal Stability and Intergovernmental
Cooperation, open to the public, will be held to consider the action to be taken on the above listed items.
