Economic Opportunity

Housing Opportunities Made Easy (H.O.M.E.)

Started:

Initiative Details

Relevant Neighborhood
City-Wide
Topics
Housing
Buildings, including a food store and a new apartment property, on the 3300 Block of Fairmont Ave in Philadelphia

Progress Updates

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Mayor touts progress on initiatives at State of the City address

(Impacto) In her 2025 State of the City address, Mayor Cherelle Parker highlighted her administration's progress on public safety, education, the environment and economic opportunity. 

Her highlights included: A decline in homicides and shootings, bringing Philadelphia close to a 50-year low; funding for before- and after-school programs that covers 40 public and charter schools through the Extended Day, Extended Year initiative; and city-wide cleaning efforts such as block cleanups, vacant lot maintenance, and expanded twice-a-week trash collection.

Parker also signed Executive Order No. 7-25, formally committing the City to ending street homelessness. The order directs the Office of Homeless Services to facilitate and financially support the operation of 1,000 new shelter beds by January 31, 2026. 

Housing Opportunities Made Easy (H.O.M.E program)

Mayor Cherelle Parker said she believes that access to economic opportunities starts with having a place to live. In March 2025, her administration announced a plan called Housing Opportunities Made Easy, or H.O.M.E. as a way to address the city's housing crisis. The $2 billion initiative sets out to create and preserve 30,000 housing units over four years, with part of the proposed funding sourced by $800 million in city-issued bonds. 

The H.O.M.E. initiative builds on 34 existing city programs for owners and renters, according to the administration's data tracking website. But it also proposes 21 new programs, including the following:

  • One Philly Mortgage program
  • Landbank Acquisition Fund
  • Façade Improvement Program

Related News

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File photo: Rowhomes in Philadelphia’s Spring Garden neighborhood. (Kimberly Paynter/WHYY)
WHYY

Homeownership rates among Philadelphia seniors remains high, but older renters face heavier cost burden

A majority of Philadelphia seniors are homeowners — about 69% — while a smaller percentage rent, research shows. But more than a third of the city’s...
Mayor Cherelle L. Parker speaks during a news conference about a plan to redevelop Brith Sholom House in Wynnefield. From left to right is PHA President and CEO Kelvin Jeremiah, City Council President Kenyatta Johnson, Parker, and Ryan N. Boyer, business manager of the Philadelphia Building and Construction Trades Council. Tyger Williams / Staff Photographer
The Philadelphia Inquirer

Philadelphia building trades unions will loan $50M to help redevelop the dilapidated Brith Sholom House

A coalition of building trades unions will lend the Philadelphia Housing Authority $50 million out of its pension fund to help finance the...
Philadelphia Skyline with Greenery in Foreground From Drexel Park

Clean & Green

School bus at evening on the streets of Philadelphia downtown

Education

Philadelphia, Pennsylvania, USA downtown skyline from the Benjamin Franklin Bridge.

Public Safety