LOOP, the Longtime Owner Occupants Program, is aimed at owners who’ve been in one home for ten or more years and whose assessments more than tripled after the citywide reassessment.
It is the second major relief program to result from the new property assessments that were mailed out earlier this year, for tax bills that are due early next year.
In the last year, a real estate survey shows that rentals grew by 13 percent, and that’s encouraging for neighborhood activists.
Are several sections of Philadelphia merging into one?
It’s a proposed bill that would impose a one-year moratorium on construction of buildings, additions or roof decks higher than two-stories.