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flag Philadelphia Mayor Parker unveils $2 billion plan to build and preserve 30,000 homes.

Philadelphia Mayor Cherelle Parker has announced a $2 billion housing plan called H.O.M.E., aiming to build 13,500 new homes and preserve 16,500 existing ones. The initiative includes a $1 billion investment in the city's land and assets, with another $1 billion coming from public funds, including $800 million in bonds. The plan offers programs like the ONE Philly Mortgage with a 3% down payment and forgivable loans for landlords to keep units affordable.

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