The Philadelphia Land Bank is authorized to dispose of multiple properties on Reno St (3801, 3803, 3811, 3814, 3816, 3850, 3852, 3960, 3962, and 3964) located in the 3rd Councilmanic District. These properties will be developed for homeownership housing under the Neighborhood Preservation Initiative's Turn the Key program.
This decision is crucial as it supports the city's efforts to expand affordable housing opportunities by enabling the development of homeownership properties under the Neighborhood Preservation Initiative.