City of Philadelphia Public Hearing Notice The Committee on Fiscal Stability and Intergovernmental Cooperation of the Council of the City of Philadelphia will hold a Public Hearing on Wednesday, December 10, 2025, at 10:00 AM, in Room 400, City Hall, to hear testimony on the following items: 251065 An Ordinance amending Bill No. 250568 (approved June 13, 2025), entitled “An Ordinance Authorizing and approving the execution and delivery of a Service Agreement between The City of Philadelphia and the Philadelphia Redevelopment Authority relating to the financing of a Housing Opportunities Made Easy (H. O. M. E.
) Plan which includes housing production and preservation, home affordability, home owner and renter assistance, related contractor training and support, blight and vacant property reduction, urban beautification, neighborhood infrastructure, and other related programs; approving the issuance by the Authority of bonds, notes or other evidences of indebtedness (including reimbursement obligations related to lines or letters of credit) in one or more series to finance or refinance such plan and authorizing and approving the obligation of The City of Philadelphia to pay in full when due the Service Fee and other amounts payable under the Service Agreement; authorizing certain City officers to take certain actions required to issue such bonds, notes or other evidences of indebtedness; covenant
ing that The City of Philadelphia will make necessary appropriations in each of the City’s fiscal years to provide for, and will make timely payments of, the Service Fee and other amounts due under the Service Agreement; requiring an annual program statement and budget to be approved by Council, and other requirements; and authorizing and approving the Director of Finance of the City and other City officials to take other necessary or appropriate actions to effectuate the purposes of this ordinance; all under certain terms and conditions,” in order to expand on the H. O. M. E programs and provide further process concerning spending, all under certain terms and conditions.
240886 Resolution authorizing the Committee on Fiscal Stability and Intergovernmental Cooperation to hold quarterly hearings that include monthly reporting requirements, to discuss the fiscal position and overarching social impact goals of the City, including and as related to the Five-Year Plan and the reporting requirements set forth in the Quarterly City Manager’s Report (“QCMR”) and as submitted to the Pennsylvania Intergovernmental Cooperation Authority (“PICA”). Immediately following the public hearing, a meeting of the Committee on Fiscal Stability and Intergovernmental Cooperation, open to the public, will be held to consider the action to be taken on the above listed items. - 1 -City of Philadelphia
City of Philadelphia Wednesday, December 10, 2025 at 10:00 AM Committee on Fiscal Stability and Intergovernmental Cooperation Public Hearing Notice Copies of the foregoing items are available in the Office of the Chief Clerk of the Council, Room 402, City Hall. - 2 -City of Philadelphia