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You are viewing 2 articles for 2018 with the tag tax abatement

    • Port Richmond, new construction | Michael Klusek, EOTS Flickr Group

Cindy Bass proposes eliminating 10-year tax abatement

On Wednesday afternoon, Philadelphia City Councilwoman Cindy Bass surprised her colleagues by circulating a bill that would end the city’s 10-year property tax abatement for any projects begun after Oct. 31,…

    • The cost of residential construction is high in Philadelphia, the fourth most expensive building market in the U.S.

As Philadelphia considers scrapping tax abatement, new report provides debate fodder for both sides

As City Hall debates how best to find more money for Philadelphia’s schools, a new report from the real estate firm Houwzer aims to dissuade politicians from cutting the 10-year property-tax…

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