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

Started:

Initiative Details

Relevant Neighborhood
City-Wide
Topics
Housing

Progress Updates

City Council delays key vote on mayor’s H.O.M.E. initiative

(Inquirer) After a tense day of debate, City Council has postponed a key vote on the budget for Mayor Cherelle L. Parker’s flagship housing initiative as lawmakers press to ensure more funding is available for the lowest-income Philadelphians.

The delay means the administration faces a tight legislative deadline next week to achieve its goal of selling $400 million in city bonds this year to fund Parker’s Housing Opportunities Made Easy, or H.O.M.E., plan.

Relevant Neighborhood
City-Wide

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

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
A coalition of building trades unions will lend the Philadelphia Housing Authority $50 million out of its pension fund to help finance the...
Image of rowhomes in Philadelphia by Kriston Jae Bethel for The Trace
In Philadelphia, officials and residents hope that a new, sweeping housing plan will do more than alleviate the city’s long-standing problem of...