You are viewing 75 articles with the tag Actual Value Initiative

    • detailed window framing | Michael Klusek, EOTS Flickr Group

Philly Fed: Homeowners in gentrifying neighborhoods suffer tax delinquency but not displacement

With gentrification comes an increased risk of delinquency on homeowners’ tax bills, but in Philadelphia, the phenomenon hasn't resulted in a significant increase in displacement of owners, not even among those…

    • Buildings where Stateside and Black 'N Brew are located saw property tax assessments more than double for 2018. | Jared Brey for PlanPhilly

Property-tax hikes stir worries in East Passyunk, Chinatown, South Street District

Ever since the 2015 campaign, Mayor Jim Kenney has said that supporting commercial corridors is key to his vision for revitalizing the city’s neighborhoods. And while it hasn’t necessarily rolled out…

    • Rowhouses | Mix it up | Julia Rowe, EOTS Flickr Group

Pew study finds LOOP program in use around Center City

The Longtime Owner Occupants Program, a relief measure passed by City Council in 2013 to ease sudden tax spikes for some homeowners after a citywide reassessment of property values, is…

    • Finery, West Philly Style | Steve Ives, EOTS Flickr group
    • The uniform cornice lines of South 15th Street.

Council bills focus on tax relief for homeowners, low-income workers

Councilman Kenyatta Johnson introduced a bill on Thursday that would freeze indefinitely the amount of property taxes owed by certain homeowners in Philadelphia. The bill would amend the Longtime Owner Occupants…

    • Early Evening Shadows
    • Don't Stop, Just Do It
Eyes on the Street

February 3: Philly wants Super Bowl | Homestead Exemption abuse | Pleasant Hill Park playground arson | Gallery changes afoot | Uhuru moves to N. Broad

Welcome to the working week, Streeters. Punxsutawney Phil says more winter, and here we are: Philadelphia schools are closed today as wet, heavy snow moves in. Take your time getting…

    • Winter Smokes | Convicted Melon, EOTS Flickr group
Eyes on the Street

January 21: MLK Day volunteers | CSX derailment update | Replacing Bill Green | AVI appeals could take years | Latino power gap

Good morning, Streeters. We are in for heavy snow and cold wind, so give yourself extra time to get around today. Flights are already being canceled, schools closed, and…

    • A row of mixed-use buildings along Ridge Ave.
    • Houses along 21st and Carpenter Streets. | Photo: Neal Santos

Poll: Philadelphians believe new property tax system is less fair

A poll conducted by the Pew Charitable Trusts reveals that Philadelphians are unconvinced that the Actual Value Initiative (AVI), Mayor Michael Nutter’s overhaul of the city’s property tax assessment system, will…

    • Factory View
Eyes on the Street

June 14: AVI, cigarette tax passes Council | Salvation Army didn't decline scaffolding | Blight abounds | Delinquency, vacancy roundup | Lovett Library modernization

Happy Friday, Streeters. Make it a good one. Yesterday was a big day for tax legislation: The Actual Value Initiative passed City Council, establishing a property tax rate of 1.34%…

    • South Chadwick Street, Photo courtesy of Phillytrax
Eyes on the Street

May 9: Is AVI less accurate than current system? | South Philly casino opposition | Foreign highway investment | How students organized protest | State transportation funding update

Good morning Eyes on the Street. Here's what the city is buzzing about: A report released by City Controller Alan Butkovitz says the new citywide property reassessment numbers are less accurate…

    • bainbridge beauties

Guest editorial: Time needed to make AVI assessments accurate

Time to make AVI assessments accurate by David Feldman There are over half a million houses and apartments in Philadelphia. Over 70% of them are fifty years old or older, 40%…

    • porch lunch
    • phillytrax
    • Revolution
Eyes on the Street

April 16: Boston aftermath | PA tax extension | gentrification relief | envision City Branch Park | SugarHouse settles illegal dumping claim | Fishtown made

Good morning, Streeters. Our hearts are with Boston this morning after explosions caused carnage at the Boston Marathon yesterday, including the death of three people and injuries to more than 140…

    • modern housing
    • SS United States
    • painted ladies
Eyes on the Street

March 31: Deadline for "first-level review" of AVI reassements

If you are among the Philly property owners who believe that your new property assessment is incorrect, the dealine to appeal for a first-level review with the Office of Property Assessment…

    • panorama 3rdmaster
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