Mayor Parker is staring down a big tax fight, a ‘housing D-Day,’ and potential federal cuts. Here are 6 takeaways from her budget address.
Mayor Parker is staring down a big tax fight, a ‘housing D-Day,’ and potential federal cuts. Here are 6 takeaways from her budget address. Coming soon to City Hall: a big housing plan, and a major fight over taxes.
Mayor Parker pushes to slash business taxes and spend millions on housing
Philadelphia would cut business tax rates every year and begin spending hundreds of millions of newly allocated dollars on housing and drug treatment programs under a proposed 2026 budget Mayor Cherelle Parker presented Thursday.
Mayor Parker Floats Borrowing $800M For Housing, Eliminating Construction Tax
Mayor Cherelle Parker's $6.7M budget proposal includes borrowing $800M for her housing initiative and eliminating Philadelphia's construction impact tax.
Mayor Parker presents $6.7 billion city budget proposal including tax cuts, housing, and funding drug addiction recovery center
What you need to knowMayor Cherelle L. Parker is delivering her second budget address this morning to Philadelphia City Council.The speech kicks off three months of negotiations between the Parker administration and lawmakers over the fiscal year 2026 city budget,
From tax cuts to housing, a breakdown of mayor's $6.7B budget proposal for Philadelphia
Philadelphia Mayor Cherelle Parker emphasized cutting taxes while funding housing, new municipal contracts and other priorities in City Council chambers Thursday as she presented her fiscal year 2026 budget address.
Philadelphia Mayor Cherelle Parker's 2026 budget includes tax cuts, preparations for 2026
Mayor Cherelle Parker is introducing her 2026 budget for the city of Philadelphia in a City Council session Thursday.
Mayor Cherelle Parker will propose cutting taxes and borrowing $800 million for housing in Philly’s next city budget
Parker will deliver her budget address to City Council on Thursday.
Philly Mayor Parker’s budget proposes city wage and business tax cuts
Mayor Cherelle Parker said it’s about balancing the city’s books during a time of financial uncertainty while offering some relief to businesses.
Mayor Cherelle Parker calls for historic tax cuts in Philadelphia budget address
Philadelphia Mayor Cherelle Parker laid out her proposed spending plan on Thursday, delivering her second budget address to City Council.
Tax cuts, big housing investment, highlight Parker's new, $6.7 billion city budget proposal
Mayor Cherelle Parker’s new $6.7 billion budget proposal features major cuts to some of the city’s marquee taxes while also funding a massive expansion of housing investment citywide. City Council will now debate before a final approval vote in June.
Mayor Parker’s second budget proposal puts focus on housing, tax cuts
Mayor Cherelle Parker, in her second budget address, proposed borrowing $800 million for affordable housing programs and cutting the city’s business and wage taxes. The $6.7 billion spending plan, unveiled Thursday,
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CRE Groups Race To Fight Tax Plan That Would Be Like ‘Dropping A Bomb On The Business Model’
Eighteen industry groups led by the Real Estate Roundtable are fighting to protect the corporate SALT deduction as Congress debates tax policy.
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How tax policy changes could impact the housing market
Since the start of the current federal administration, there has been much discussion on potential changes to the tax code ...
Can Other Cities Replicate Seattle’s Win on Green Social Housing?
In our current political climate—defined by deregulation and privatization—Seattle voters took to the polls and surprised the ...