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

Started:

Initiative Details

Relevant Neighborhood
City-Wide
Topics
Housing

Progress Updates

Training program for minority developers will help fuel Mayor Parker’s housing plan

(WHYY) Launched in 2022, the Minority Developer Program is designed to make real estate development more equitable in Philadelphia, where white-owned companies are behind the overwhelming majority of ground-up developments.

It's now seen as a key program to help build homes for Parker's signature H.O.M.E initiative, which has a target of creating or preserving 30,000 units of housing. 

More than 1,000 of those homes will be built through Turn the Key, which entails the Philadelphia Land Bank selling city-owned parcels for cheap. The training program aims to prepare working developers to deliver on contracts to build and sell brand new properties on city-owned parcels.

 

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

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