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REAL ESTATE
Delaware woman is turning vacant homes into affordable housing
Charly Bass-Davis was a laborer and restaurateur before taking on her latest ambition: becoming a housing developer. Now, she is on a mission to make the act of owning a home more affordable in her city.She started with the Jumpstart Wilmington program, which reinforces nine steps towards successful real estate development and also aids in the property acquisition process. Now, she is the CEO of her own company, Steel Development.Bass-Davis is also aided by local contractors and funds from the The Community Development Block Grant (CDBG) Program.When all these moving parts come together, the goal is for people in a middle-to-low income bracket to be able to access these luxurious homes at an affordable price.RELATED: Philadelphia woman with dyslexia becomes inspiring author and professorTracy Johnson Rockmore founded 'Vessels of Hope' to help others with dyslexia 'Flip the Script' on their learning differences.
COUNCILMEMBER JAMIE GAUTHIER REACTS TO NEW REPORT SHOWING SCOPE OF PHILLY’S HOUSING AFFORDABILITY CRISIS
PHILADELPHIA – Today, Councilmember Jamie Gauthier (3rd District), Chair of City Council’s Committee on Housing, Neighborhood Development, and the Homeless, issued the following statement in response to Pew Charitable Trust’s report on Single-Family Home Sales in Philadelphia. “We pride ourselves on being a city where most residents,...
Philadelphia's Guide to Affordable Housing
Philadelphia, PA—The City of Philadelphia has produced an action guide for affordable housing and community development in. an effort to inform residents about the impacts of proposed federal funding cuts to the US Department of Housing and Urban Development (HUD). Navigating Affordable Housing in Philadelphia: A Comprehensive Guide. Like...
Builder Toll Brothers Buys 22-Acre Site in Downingtown with Plans for Development
Toll Brothers purchases a 22-acre site in Downingtown with plans to construct 89 townhomes on the property for $6.23 million. Toll Brothers has purchased a 22-acre site in Downingtown with plans to construct 89 townhouses on the property, writes Paul Schwedelson for the Philadelphia Business Journal. The Fort Washington-based homebuilder...
Paramount Realty and Edgewood Properties to Transform Neshaminy Mall
Neshaminy Mall, Paramount Realty and Edgewood Properties announced plans to redevelop the site while still retaining key anchor sites. The new owners of Neshaminy Mall, Paramount Realty, and Edgewood Properties, have announced plans to redevelop the site, aiming to breathe new life into the half-vacant property, writes Paul Schwedelson for the Philadelphia Business Journal.
‘It’s absolutely changing’: Pew finds Philly is less affordable than it used to be
Have a question about Philly’s neighborhoods or the systems that shape them? PlanPhilly reporters want to hear from you! Ask us a question or send us a story idea you think we should cover. New research shows Philadelphia remains a city of homeowners but is less affordable than it’s...
Apartmentalize roundup: Maintenance as cost saver, operations help close deals
The quest for savings at multifamily properties kicked up a notch at June’s National Apartment Association’s Apartmentalize conference in Philadelphia. Maintenance, an essential and rapidly growing cost center that is nonetheless crucial to retaining residents who have a plethora of rental options. “We’re looking at cost savings and...
eXp Realty welcomes top-producing Philly team
The largest brokerage in the nation based on transaction sides has strengthened its presence in Philadelphia. On Thursday, eXp Realty announced that the top-producing Matt Fetick Team was making the move from Keller Williams to eXp. The team is led by Fetick and David Maio Williams, who bring more than...
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