Germantown Settlement properties: PHA rental reboot
WHYY••nation
Key Points:
- The Philadelphia Housing Authority (PHA) plans to invest $84 million to renovate over two dozen blighted properties in Germantown, aiming to create 121 affordable rental units by spring 2027.
- These units will be deeply affordable, targeting households earning at or below 30% of the area median income, with options ranging from one to five bedrooms.
- PHA acquired the 28 vacant properties in October through the Philadelphia Land Bank, many of which were previously neglected under controversial ownership tied to Emanuel Freeman and the defunct Germantown Settlement.
- After a rare legal seizure of 45 properties from Freeman due to mismanagement and poor conditions, PHA is now in the design phase and working on financing, including low
