« Return to search form

Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StatePennsylvania
Effected JurisdictionCity of Philadelphia
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameRehab Construction for Residential Properties
Program purpose: Construction/rehabilitation
Statutory authority: Ordinance 961
Abating jurisdiction(s): City of Philadelphia
Applicable taxesReal Estate Tax
Method of abatement: Tax Abatement
Provisions for recapture: (no provisions for recapture)
Gross revenue loss: $10,043,975
Reimbursement / offset: $0
Net revenue loss: $10,043,975
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.phila.gov/media/20230322104950/annual-comp-financial-report-...