Two proposed pieces of legislation would create a new revenue stream for Philadelphia's affordable housing efforts and protect tenants of existing affordable units.

"Philadelphia is trying to harness the booming real estate business to bankroll affordable housing," according to an article by Jake Blumgart.
Councilmember Derek Green is leading some of the efforts to tap into the largesse of the real estate development industry. Councilmember Green has proposed two bills. One would allow bonuses for commercial developments that pay to the city's Affordable Housing Trust Fund. The other "would require landlords who own apartments where affordability regulations are going to expire to present the city with their plans for the buildings two years in advance," according to Blumgart.
The article devotes the most ink to the second proposal, citing data to describe the state of affordable housing in Philadelphia and noting the skepticism among landlords that the idea would work.
FULL STORY: As rents rise, Philly trying new avenues to build and preserve affordable housing

Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25,% resulting in 1,900 jobs lost.

North Texas Transit Leaders Tout Benefits of TOD for Growing Region
At a summit focused on transit-oriented development, policymakers discussed how North Texas’ expanded light rail system can serve as a tool for economic growth.

Using Old Oil and Gas Wells for Green Energy Storage
Penn State researchers have found that repurposing abandoned oil and gas wells for geothermal-assisted compressed-air energy storage can boost efficiency, reduce environmental risks, and support clean energy and job transitions.

Santa Barbara Could Build Housing on County Land
County supervisors moved forward a proposal to build workforce housing on two county-owned parcels.

San Mateo Formally Opposes Freeway Project
The city council will send a letter to Caltrans urging the agency to reconsider a plan to expand the 101 through the city of San Mateo.

A Bronx Community Fights to Have its Voice Heard
After organizing and giving input for decades, the community around the Kingsbridge Armory might actually see it redeveloped — and they want to continue to have a say in how it goes.
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