Philadelphia Coalition for Affordable Communities (PCAC)
The Philadelphia Coalition for Affordable Communities (PCAC) gives the following descriptive information:
After years of declining population, Philadelphia is becoming a more desirable place to live. There’s increased development in many neighborhoods, which has resulted in a rise in property values and in the cost of living. While this development is critical for improving Philadelphia’s neighborhoods, for too many of us it has meant being forced out of our communities. This has especially affected those of us who are disabled, are seniors, or are part of working families living below the poverty line. We need to preserve affordability in gentrifying neighborhoods so that those who are committed to and invested in our communities can afford to stay.
The Philadelphia Coalition for Affordable Communities is calling for a package of bills that will create new resources to expand and protect affordability in neighborhoods undergoing gentrification — ensuring that there is Development Without Displacement.
The members of the Philadelphia Coalition for Affordable Communities (PCAC) have long been committed to the idea of fairness that is part of the Development without Displacement Campaign. Together we helped to create a strong Philadelphia Housing Trust Fund where 50% of the proceeds are dedicated to improving housing options for families who earn less than $20,000/year. We also made sure that the new Philadelphia Land Bank would be required to provide land to create affordable and accessible housing, space for food production and job creation.
While we are encouraged by our progress, we know that there is a great deal of work still to be accomplished. Over the next year, PCAC will work to craft and advocate for a package of bills that support Development without Displacement – each bill carefully designed to expand and preserve affordable options in neighborhoods undergoing or potentially undergoing gentrification. Our goal will be the passage of legislation that generates more resources to support food production and the preservation and creation of affordable homes.