Ken Steif, Univ. of Pennsylvania Urban Planning Professor applauds Philadelphia City Council for proactively supporting low-income residents before they are priced out of gentrifying neighborhoods with home repair loan and grant programs in a Plan Philly article.
He points to programs like the Healthy Rowhouse Project, which helps vulnerable homeowners with repairs so they can stay in their homes, and to recent City Council legislation, also designed to help low-income Philadelphians rehabilitate owner-occupied residences. In that way, homeowners can decide whether they want to stay in growing neighborhoods, or cash out their equity by selling close to the market rate. Read full article here