Housing

People are continuing to migrate to greater Center City. There’s also a fresh supply of multi-family units, stable rents, and a healthy pipeline of new housing projects.

After some setbacks, the Pallet Village in Georgetown finally opens, housing nearly 50 people experiencing homelessness and other challenges.

The grant is the largest foundational award made to Habitat for Humanity Philadelphia. It’ll enable the nonprofit to double the number of homes it fixes each year.

Mortgage rates are still elevated. Home prices are still considerably higher than they were pre-pandemic. And inventory is low.

Wilmington and New Castle County will collaborate to streamline their housing voucher programs to allow residents to relocate more easily.

The Philadelphia Housing Authority is capping the waiting list at 10,000 applications. It’s expected to take three to five years to clear the list.

Mortgage forbearance and other tools to help fend off foreclosure are being extended beyond its initial COVID restriction to help all eligible FHA borrowers.

Appraisals are more likely to be below contract sale prices in primarily Black neighborhoods than in primarily white neighborhoods in the city.

In an abrupt change, Pennsylvania’s struggling mortgage relief program will no longer work with the private company originally hired to run it.

Philadelphia launches a new financial assistance program to help resolve landlord-tenant disputes over back rent before they become the basis of an eviction filing.

More Philly renters with low income will be able to get free legal representation. The program is designed to help those at risk of losing their homes to eviction.

So far the DC-based group has awarded 21 provisional grants in its original city, plus four in Philly.

The Pennsylvania Homeowner Assistance Fund can help people who fell behind on mortgage, utilities during the pandemic — but be prepared for a wait.

The “boner4ever” block is now the rare home to side-by-side projects with community guarantees.

Home buying is more predictable as the Philadelphia real estate market recovers from the COVID-19 uncertainty.