The Philadelphia City Council approved a resolution authorizing the Philadelphia Land Bank to dispose of properties located on N Bodine St, Hope St, and Cecil B Moore Ave in the 7th Councilmanic District. These properties will be developed into homeownership housing, eligible for the Turn the Key program under the Neighborhood Preservation Initiative. The decision aligns with Chapter 16-700 of The Philadelphia Code and supports local housing development.
This initiative promotes homeownership and neighborhood revitalization, enhancing community stability by providing housing opportunities for local residents.