Now With A Land Bank, Philly Needs To Learn Some Lessons From The NTI Days

 

Photo: The Trust for Public Land, via Plan Philly

Photo: The Trust for Public Land, via Plan Philly

  • Over at Plan Philly, Greg Heller, the principal of consulting firm Urban Direction LLC, adds some caveats to the excitement being generated by the creation of Philadelphia’s central Land Bank. “In order to stimulate development, we need to increase investment in targeted loan & grant funds, and tax credit programs for urban areas. The City can play a role here, but much of this funding comes from state and federal government programs. Thus, we need to pressure our legislators to strengthen programs like Community Development Block Grants and New Markets Tax Credits.” In addition, suggests Heller, Philly ought to tax land more on par with property in order to disincentivize speculation, increase resource allocation to CDCs, and, as far as possible, de-politicize the process.
About the author

Stephen Currall recently received his BA in history from Arcadia University. Before beginning doctoral studies, he is pursuing his interest in local history, specifically just how Philadelphians engage their vibrant past. Besides skimming through 18th century letters, Steve is also interested in music and travel.

Send a message!



Leave a Reply

Comment moderation is enabled, no need to resubmit any comments posted.

 

Recent Posts
Planning A More Pedestrian- And Stormwater-Friendly American Street

Planning A More Pedestrian- And Stormwater-Friendly American Street

July 26, 2016  |  Morning Blend

Another open house for Northern Liberties streetscape project, nonprofits filling the gap in playground design, and 5-story mixed use to rise from Triangle Park > more

FDR Left Out Of DNC Day One, But Here He Is, Franklin Field, 1936

FDR Left Out Of DNC Day One, But Here He Is, Franklin Field, 1936

July 26, 2016  |  Vantage

Left out of DNC Day One, FDR--and his liberal coalition--was the crucible of the present day Democratic Party and a sea change in Philadelphia politics. He accepted the 1936 Democratic Party nomination at Franklin Field; here is his speech in full > more

Philadelphia Between The Conventions

Philadelphia Between The Conventions

July 25, 2016  |  Morning Blend

How much has changed since the 2000 RNC, awaiting Temple’s digital-age library, and delegates help paint murals > more

With The DNC, A Peek Inside Election Days Of The 1980s

With The DNC, A Peek Inside Election Days Of The 1980s

July 25, 2016  |  Vantage

The DNC has a former West Philly resident revisiting days of ward committees, election judging, and driving the election results to City Hall Annex. Philadelphia big D- and little d-democratic life > more

Protesting Dilworth Park's Lack Of Protests

Protesting Dilworth Park’s Lack Of Protests

July 22, 2016  |  Morning Blend

Saffron critiques priorities for central civic space, gentrification concerns scuttle Point Breeze mixed-use grocery proposal, and 30th Street Station gets a patriotic light show > more

On Callowhill, Channeling The Ghost Of Old York Road

On Callowhill, Channeling The Ghost Of Old York Road

July 22, 2016  |  Harry K's Encyclopedia

Harry K. takes us down to 4th and Callowhill where an out of place fire plug summons the spirit of Old York Road > more