THE STATE OF SUBSIDIZED HOUSING IN PHILADELPHIA
Sarah Curry, Chi-Hyun Kim, and Vincent Reina
This report presents an overview of how many federally subsidized housing properties exist in Philadelphia and highlights some of the challenges facing these properties in the decade ahead. Key findings include:
- In Philadelphia, 476 properties, containing 34,349 rental units, are directly subsidized by federal housing programs.
- Subsidized properties (as well as properties with subsidies at risk of expiration) are located in every City Council district, but are more prevalent in Council Districts 5, 3, and 8.
- Between 2026 and 2036, affordability restrictions may end on a total of 136 currently active subsidized properties (containing 7,549 subsidized units), which represents 29% of the current stock of subsidized properties and 22% of units.
- Of the 136 expiring properties, 38 properties (28%) are located in census tracts where rents, home values, and incomes have all increased more than the citywide value.
- There are 10 properties (with 413 units) with a failing housing quality inspection score.
- Ninety LIHTC properties (containing 7,392 subsidized units) will reach the fifteenth year of their service through 2036.
- Between January 2022 and March 2024, 712 eviction cases were filed by 164 non-public housing subsidized properties.
