News Briefs Archive April 18, 2022

 

General News

How to get a first-time home buyer grant in the Philly region
First-time home buyers may be able to get a grant to help cover down payment and closing costs. There are housing agencies that specialize in helping first-time buyers through the process and offer financial assistance. Grants provided by the federal government and administered through local agencies help buyers who meet certain criteria cover the costs of a down payment and the closing costs. Learn more here.
Source: Philadelphia Inquirer; 4/12/2022

Who lived in your house in 1950? Check the census to find out
On April 1, the National Archives unveiled a new website offering details from the 1950 Census. Users who want to look up a family member can search by geographic location and name. Users who know the street or neighborhood they want to search can select “enumeration district” (ED) maps for each county that correspond to specific neighborhoods.
Source: Daily Times; 4/9/2022

Housing Equity Perspectives: A Fair Housing Month Panel Discussion
The Housing Equality Center of Pennsylvania will host a panel discussion centering on addressing the barriers and challenges to attaining equitable and fair housing in Southeastern Pennsylvania. The panelists will discuss a variety of perspectives on diversity, equity and equal opportunity in housing. The event will take place on Zoom on Friday, April 22, from 10 a.m. to noon. Register here.
Source: Housing Equality Center of Pennsylvania

In ‘red hot housing market’ some mobile home owners feel squeezed
A West Goshen mobile home park was purchased by an investment company, Walkart Inc., that residents say is trying to change the county zoning laws to close down a community that’s been home to 60 manufactured homes since 1957. Walkart, which could not be reached for comment, wants to build luxury apartments in its stead. “They just want this property to expand their stranglehold on the rental communities of West Chester,” said Jon Zang, a resident of the mobile home park who pays $550 a month for his lot, compared to average rent in the area of $1,700 monthly for a one-bedroom apartment. Mobile home parks provide affordable housing for low-income residents — including seniors on fixed incomes — who can own their homes while renting the land underneath. The average cost of a manufactured home in 2019 was about $82,000, according to a report by the Manufactured Housing Institute, a trade organization representing the industry. But in an exploding housing market, that land is increasingly in demand for other projects, or park owners propose major rent hikes or changes in leases. Residents have few protections under a patchwork of state laws. Congress might be expected to step in since some mobile home parks are bought by private equity firms that use federally subsidized loans that carry low-interest rates, but there’s been little movement in Washington. During the middle of the coronavirus pandemic, some of the most frequent filers of evictions on a county-by-county basis were owners of mobile home parks, according to data collected by Eviction Lab. Read more here.
Source: Penn Capitol Star; 4/9/2022

Philly’s biggest mall owner wants to build thousands of apartments on its properties
Facing more than $2 billion in debt and a wounded mall business, the Pennsylvania Real Estate Investment Trust (PREIT) wants to become a developer and put 5,200 apartments on six mall sites as a way to raise cash and bring shoppers and diners onto its properties. CEO Joseph F. Coradino said he’s pivoting by necessity: “I used to be in the mall business, and now I’m in the real estate business.” PREIT, the region’s biggest mall owner, has proposed or discussed putting apartments in Exton Square Mall, Willow Grove Park Mall and Plymouth Meeting Mall. Housing prices and rents are soaring due in part to unmet needs. Freddie Mac, the giant mortgage buyer, last year put the national housing shortage at almost 4 million units, triggered by the construction decline after the 2008 Great Recession and extending through the pandemic. PREIT’s strategy reflects those of other mall owners, who are replacing department store anchors with health-care facilities, hotels, entertainment centers, gyms and apartments. But PREIT faces significant challenges as it seeks zoning approvals in suburban municipalities where officials are concerned about sewer capacity, traffic, population density, burdens on local schools, and the broader vision for the properties. PREIT has little room to maneuver as it runs a gauntlet of zoning and township meetings. The company filed for bankruptcy protection in 2020. Though it emerged the same year, it still has debts of $2.3 billion, a good part of it mortgages on mall properties.
Source: Philadelphia Inquirer; 4/6/2022

NAR asks Supreme Court to protect consumers from lawsuits when making floor plans
The National Association of Realtors (NAR) filed an amicus brief with the U.S. Supreme Court in an effort to protect American consumers from a recent decision of the U.S. Court of Appeals for the Eighth Circuit. According to NAR, the court's ruling misrepresents federal law and would invalidate decades of legal precedent by allowing copyright infringement lawsuits to be filed against homeowners who make or display floor plans of their own homes. The brief was introduced alongside 18 groups representing consumers and professionals throughout the U.S. real estate industry. “The U.S. housing market accounted for roughly 18% of our country's GDP in 2020," said NAR general counsel Katie Johnson. "The Eighth Circuit's decision not only puts countless consumers at risk of costly, burdensome litigation for making a floor plan of their own home, but it also strains a key sector of America's economy and threatens a critical tool of transparency for potential home buyers." Congress specifically allowed for homeowners to create "pictures” or "other pictorial representations" of architectural works without fear of liability when crafting the Copyright Act of 1976. NAR's 2021 Home Buyers and Sellers Generational Trends report found that roughly two-thirds of home buyers listed floor plans as "very useful" in the online home buying process, ranking behind only "photos" and "detailed property information" as their most valuable resources.
Source: Nar.realtor; 4/7/2022

Bucks County

Bucks County launches ‘Conversations’ podcast
Bucks County government has launched a podcast called “Bucks County Conversations.” The podcast is hosted and produced by Bucks County Department of Communications digital media specialist Charlotte Reese and is available on Apple Podcasts, Spotify and the county website. Reese said the series is designed to reach residents easily and give them insight into county government. Recent episodes have covered capital projects and diversity, human services assistance, the new human trafficking ordinance and an overview of the planning commission.
Source: LevittownNow.com; 4/6/2022

Lower Southampton to adopt sewer lateral inspection ordinance
Lower Southampton Township planned to adopt Ordinance No. 598 at a public meeting on April 13, creating a program to inspect and repair sanitary sewer laterals. The Suburban Realtors Alliance has shared its concerns about the ordinance with township administrative and elected officials. “As drafted, we do not believe the ordinance complies with the PA Municipal Code and Ordinance Compliance Act,” said SRA CEO Jamie Ridge. “We have urged council members to amend the ordinance prior to its passage.” If passed, a private lateral inspection will be required prior to the sale or resale of any single-family dwellings located in the township to demonstrate the private lateral servicing the property is sound and free from inflow and infiltration and that no illegal storm or surface water discharges exist or may exist during rain events. For residential properties, the proposed ordinance states that an application shall be made at least 30 days before the date of sale. A certified contractor shall notify the township at least 48 hours before the scheduled televising, so that the township may witness and review the results of the televising. Multi-family, commercial and industrial properties will be required to inspect the sewer lateral within one year of the adoption of the ordinance, or at time of sale and/or transfer of the property. Thereafter, retesting and certification of the lateral(s) for multi-family, commercial and industrial properties shall occur at five-year intervals, or upon sale and/or transfer of property, whichever is earlier.
Source: Lower Southampton Township; 4/2022

Six-mile detour for segment of County Line Road
A four-year, $11.2 million project to upgrade a segment of County Line Road between Route 611 and Lower State Road is underway. Road closures are to be expected through the summer of 2026. Drivers will be detoured onto Lower State Road, Street Road and Route 611. It is expected to impact approximately 20,000 vehicles per day. County Line Road will be closed and detoured in both directions between Park Road and Fairmount Avenue until early 2023 to replace a masonry arch bridge over an unnamed section of Neshaminy Creek. The replacement was fast-tracked after the bridge was damaged during Hurricane Ida. In early spring 2023, construction will move to the westbound lanes of County Line Road between Kansas and Bradford roads. PennDOT said it must widen County Line Road with two 11-foot travel lanes and five-foot shoulders, plus install traffic signals, curb ramps that are accessible for those with physical disabilities, and guide rails.
Source: Bucks County Courier Times; 4/11/2022

Newtown planners to recommend denial of proposed Wawa
Provco Pinegood LLC has proposed a 5,585-square-foot Wawa convenience store and gas station at the Newtown Bypass and Lower Silver Lake Road. The Newtown Township Planning Commission recently deadlocked at three votes in favor of the plans and three votes against. A tie vote results in a de facto recommendation of denial, according to solicitor Jerry Schenkman. The land development plans will now head to the board of supervisors for review and action.
Source: The Reporter; 4/8/2022

Chester County

Updated plans call for fewer apartments at Quality Inn site in West Goshen
After West Goshen supervisors told a builder last year that a 290-apartment proposal was not a good fit for the site of the Quality Inn & Suites at 943 S. High St., new downsized plans by the builder call for 167 units. Sam Tarantini, managing director of Branchport Capitol, pitched construction of 80 one-bedroom, 37 studio and 51 two-bedroom apartments for lease at market rates, with no student or Section 8 renters. Tarantini is a contract purchaser and would only buy the property on a contingency basis. Supervisor Shaun Walsh asked the developer if construction of storage units only, without building apartments, is a viable option and was told that it was not. The property is currently not zoned for apartment usage, and the township’s zoning map would have to be amended to accommodate the developer’s plans. Residents attending the supervisors discussion about the property spoke about the possible impact on their quiet neighborhood. Current zoning would allow for retail, medical offices, a fitness center or warehouse uses. Police Chief Joseph Carroll said the Quality Inn, which includes a bar and restaurant, requires an unusually high level of police attention.
Source: Daily Local; 4/7/2022

No new taxes as county boosts salaries
Chester County commissioners approved salary increases and pay grade adjustments for county employees for the 2023 budget that will not cause any rise in the property tax rate. The compensation plan announced to the county’s 2,450 full- and part-time employees will increase the salaries of all of the county’s non-union workers, from corrections officers to clerks in district courts, county librarians and emergency call takers and dispatchers. The vote came after a massive study of the county’s pay system that verified what had long been suggested — that the county was bleeding members of its workforce by the dozens and was in danger of not being able to staff vital positions, including corrections officers at Chester County Prison and deputy sheriffs in the county Justice Center. The new system will mean salary increases of at least 3% for all employees who are not in bargaining units, estimated at about 2,100 workers, according to county staff. Those who bargain collectively with the county will see their salaries reviewed separately, officials said. The cost to the county of the upgrade will be $7.4 million, about $5.6 million of which will be counted in this year’s $688 million budget.
Source: Daily Local; 4/11/2022

Study reveals what Kennett residents want to see in 22-acre NVF parcel
It’s been more than a decade since Kennett Square officials began working on a plan to develop the last undeveloped parcel in the borough. The 22-acre National Vulcanized Fiber (NVF) property off Mulberry Street still needs remediation because it is located at the former Nozesky junkyard. More than 25 years ago, 2,000 drums contaminated with pentachlorophenol, a carcinogen, were dug up by the Environmental Protection Agency. Last week, results of a survey asking residents what they want to see in the property was released. In a nutshell, they want to see attractive and attainable housing options, including pocket neighborhoods and some open space. Of the 815 responses, 419 were from borough residents and 297 came from people who work in Kennett. The average age of the respondents was 50. Nearly 40% of Spanish-speaking respondents said that $150,000 is the maximum affordable price they would pay for a home, while 60% of English survey respondents put this figure between $350,000 and $500,000. The maximum affordable monthly rent is between $1,250 and $2,000 for English-speaking respondents, and between $600 and $1,000 for Spanish-speaking respondents. Overwhelmingly, respondents said they want to see a diversity of housing options at different price points, a mixed-use community with commercial spaces that encourage walkability, and green space. About 53% of respondents said they would like to see pocket neighborhoods at the NVF site, 35% want single-family, detached homes with low density, and 23% want single-family detached homes with high density. Only 19% want to see duplexes.
Source: Daily Local; 4/6/2022

Final preservation piece in place at Bryn Coed Farms
The final piece of a “conservation community” in northern Chester County fell into place recently with the sale and preservation of a lot at the Bryn Coed Preserve — once the largest remaining unprotected swath of land in the Philadelphia area — by a private buyer. The entirety of the land is now protected from development forever, according to a press release from Natural Lands, the regional land conservation organization that put together the effort to save the former farm from development. Part of the plan called for the sale of just over 900 of the property’s 1,505 acres to private buyers who would agree to strictly limit the number of homes or buildings that could be constructed on the lots. The sale of those lots would then fund the organization’s purchase of the land for conservation. Natural Lands president Oliver Bass estimated that there were 39 lots divided from the acreage, one of the largest being a 72-acre parcel that was purchased by West Vincent Township for use as a municipal park. All buyers had to agree to preserve the land and not subdivide it further; only two structures are allowed on each property — a home, perhaps, and an accessory building, such as a barn with a living space attached. Bryn Coed Preserve, located on St. Matthews Road, is free and open to the public.
Source: Daily Local; 4/10/2022

Upper Oxford puts property owners on notice about high grass and weeds
Upper Oxford Township posted a public notice — which municipal officials commonly use to advertise upcoming meetings and votes — to remind property owners of the provisions of Ordinance No. 1991-4. The ordinance states that no properties in the township should have grass, weeds or any vegetation whatsoever not edible or planted for some useful or ornamental purpose, that exceed a height of fifteen 15 inches. Nor shall any noxious weeds prohibited by the Noxious Weed Control Law or by regulations of the Department of Agriculture be permitted to grow within Upper Oxford Township.
Source: Daily Local; 4/8/2022

Delaware County

Delco recorder of deeds now offers FraudSleuth protection at no cost
The Delaware County Recorder of Deeds Office is now offering a free property fraud protection tool that provides property owners with automatic alerts to help safeguard against property fraud. FraudSleuth is a monitoring tool that alerts property owners when any document — such as a mortgage, deed or mortgage satisfaction — related to a specific parcel is recorded under that parcel’s ID. To sign up, property owners need to visit the online services section of the recorder of deeds website and create a profile for the property they wish to monitor. The process requires a limited amount of information, including the property owner’s name, the parcel ID number and an email address. If a property owner wants to monitor multiple properties, then multiple profiles will need to be created; one for each property.
Source: Delaware County Recorder of Deeds; 4/8/2022

New historic walking tour at Widener showcases locations important to civil rights in Chester
Widener University introduced a new walking tour that focuses on civil rights in the Chester area. Two students, M’Nya Preston and Madison Smith, both juniors minoring in African and African-American Studies, developed the walking tour as part of a research project. The five-stop tour delves into the intertwined history of Widener and Chester in the mid-20th century. Tour stops examine sites like a segregated elementary school that previously inhabited a site on campus, 1964 civil rights protests near Providence Avenue, and a Pennsylvania Military College chemistry student named Walter Bryant (one of the few African-American students attending the college) who was beaten and arrested during the protests. The signs at each stop contain a QR code, which people can scan to open a series of short documentary videos. The creators drew from oral histories, historical photographs, newspapers, Widener yearbooks and other historical sources to narrate the histories. The free tour is available to all and is self-paced. Widener celebrated the opening of the tour on Founders Day, April 8, as part of the university’s bicentennial.
Source: Daily Times; 4/9/2022

Upper Darby council pauses ARPA spending until investigations are complete
Upper Darby Township Council voted 6-5 against moving forward with the process to approve the federal American Rescue Plan Act (ARPA) funds in the 2022 budget. The council members voting against using the funds were Brian Burke (D-At Large), Laura Wentz (D-At Large), Brian Andruszko (R-3rd District), Matt Silvia (D-At Large), Meaghan Wagner (R-1st District) and Lisa Faraglia (R-2nd District). The six members cited the investigations into ARPA money which was unaccounted for during a period of time at the end of 2021 into the first months of 2022. Township officials say the money was not spent but was in an unspecified account. The funds are planned for multiple uses in the township: $3.5 million for flood mitigation and sewer improvements; $3 million for police and fire; $2.5 million toward the new community center; $2.5 million toward COVID relief and economic impacts including bonus pay for township employees who worked through the pandemic; $3 million for parks and public spaces; and just under $390,000 for administrative costs. The total budgeted expenditures of ARPA funds totaled just over $14.88 million.
Source: Daily Times; 4/8/2022

Officials announce $1M to improve Darby Borough railroad crossing safety
The train crossing at Sixth and Main streets in Darby Borough will become safer thanks to a $1 million congressionally directed spending project, Sen. Bob Casey announced. The money will go to Delaware County to address the safety concerns at the crossing, which sees vehicular traffic from two roads, pedestrian traffic, and a SEPTA trolley line crossing a major interstate freight line that operates throughout the day and night. The crossing is the only such location in the nation where an active freight line crosses an active fixed-rail transit line. The project will significantly improve the roadways, sidewalks, pedestrian crossings and warning devices, including new traffic signals and crossing gates for motorists and pedestrians.
Source: Daily Times; 4/12/2022

Delco Health Department officially opens with robust services
After years in the making, Delaware County Health Department’s first official day of operation was April 2. In the Environmental Health Division, inspectors were out in the field monitoring and enforcing the Delaware County Health Code and responding to applications made through the county health website, and addressing public health complaints and environmental inquiries received through the Wellness Line at 484-276-2100. The line operates weekdays from 8:30 a.m. to 4:30 p.m., and operators field a variety of questions and connect callers to resources. They also take inquiries through email at DelcoWellness@co.delaware.pa.us. “This is just the beginning, and we have serious public health issues to address in our community and we have disparities to address, but this is going to be something that is going to be here for decades to come, generations to come and to help improve the public health of Delaware County,” said County Council Chair Dr. Monica Taylor.
Source: Daily Times; 4/8/2022

Montgomery County

Lower Pottsgrove to adopt point-of-sale sewer lateral inspection
The Lower Pottsgrove Township Board of Commissioners intends to adopt an ordinance providing for the inspection and repair of private sanitary sewer laterals and privately owned sanitary sewer systems. The township will require inspection for various reasons: upon transfer of title of the property; when the sanitary main is replaced or repaired; upon inspection of the sanitary sewer system by the township or its authority; and upon inspection of all privately owned sanitary sewer mains and manholes at specified intervals for the purpose of eliminating the introduction of groundwater or surface water into the sanitary sewer system. A copy of the proposed ordinance is available for inspection at Lower Pottsgrove Township, 2199 Buchert Road, Pottstown, during normal business hours. The Suburban Realtors Alliance has reviewed the ordinance, and has shared concerns about the draft’s compliance with the PA Municipal Code and Ordinance Compliance Act with township officials. A public hearing and vote on the ordinance is scheduled for Thursday, April 21, at 6:30 P.M., at the Sunnybrook Ballroom located at 50 Sunnybrook Road, Pottstown.
Source: Pottstown Mercury; 4/7/2022

Ambler files with PUC for water rate increase
The Borough of Ambler filed a new tariff with the Pennsylvania Public Utility Commission (PUC) for an increase in water rates applicable to customers residing outside the borough. The borough last increased water rates in 2015. Additional revenues are now required to meet rising operational costs and fund various system improvements, including system integrity and the replacement of aging pipelines. The new water rates are scheduled to become effective on May 30. The total bill for an average residential customer will increase by about $36, from $80 to $116 per quarter. The total bill for an average commercial customer will increase by about $85, from $184 to $269 per quarter. The total bill for an average industrial customer will increase by $1,195 from $2,505 to $3,700 per quarter. Questions regarding the water rate increase can be directed to Ambler Borough at 215-646-1000.
Source: Montgomery Publishing Group; 4/10/2022

Conshohocken seeks public input on Fayette Street zoning overlay
Conshohocken Borough is preparing a zoning ordinance overlay in an effort to revitalize Fayette Street. The zoning ordinance overlay is intended to improve connectivity from the waterfront to the upper avenues, promote redevelopment of empty storefronts, and rebrand Fayette Street as the vibrant commercial core of the community. Two options are available for public input: email comments to brogers@conshohockenpa.gov or attend a public workshop scheduled for Monday, May 2, at 6 p.m. in the Emergency Operations Center at Borough Hall, 400 Fayette St., Suite 102.
Source: Conshohocken Borough; 4/2022

Cheltenham residents fear increased flooding from proposed housing development
The proposed construction of eight townhomes along the Tookany Creek has some Cheltenham Township residents worried about increased water runoff in an area that is already prone to flooding. Over 100 residents attended Cheltenham’s Public Works Committee meeting on April 6 to voice opposition to the project. The proposed development would demolish woodlands, and lie along a FEMA-identified floodplain and wetland on 222 Church Road. There is a long history of flooding in Cheltenham, and in 2015 the U.S. Army Corps of Engineers reported that urbanization in the township has led to “increased stormwater runoff and floodplain recession leading to reduced carrying capacity for Tookany Creek.” The committee gave preliminary approval of the development. Cheltenham Township Commissioner Mitchell Zygmund-Felt, chair of the Public Works Committee, said the township expects the developer to “comply to the greatest degree” with the subdivision and land development ordinance by the time the final proposal is submitted. Commissioners will take a final vote on the proposal on Wednesday, April 20.
Source: Whyy.org; 4/10/2022

Montco municipalities tackle flooding at the local level
The SRA news briefs of April 11 touched on what is being done at the county level to handle flooding in the region. That isn’t the only area where flooding is being discussed. Municipalities across Montgomery County are making their own stormwater mitigation plans. Bridgeport Borough was one of the hardest hit by Hurricane Ida, with 300 people evacuated from their homes and about 500 temporarily displaced. Bridgeport subsequently created a flood review panel tasked with reviewing the preparation and response to Ida before, during and after the disaster, according to Borough Manager Keith Truman. Norristown has taken it even further, creating a stormwater authority in January. It has six stormwater mitigation plans in the design phase, according to the authority’s president, Rebecca Smith. The authority will collect a stormwater management utility fee from residents starting in 2023. That money, Smith said, will allow Norristown to sustainably manage Norristown’s stormwater pipes, which stretch about 33 miles long. Smith said community members and leaders, and state and federal officials should consider managing stormwater “as if it was any other kind of infrastructure.” Bridgeport Borough Council Vice President Tony Heyl said: “Local government isn’t helpless. You can do small things. If every borough is doing those things, then we can all make a difference together.” Read the full article here.
Source: Whyy.org; 4/2/2022

Philadelphia

Following Philly’s budgeting process
Philadelphia’s budget season is here. More than any words from an elected official, how the city spends taxpayer money clarifies what municipal leaders’ priorities are. As the debate continues over Mayor Jim Kenney’s $5.6 billion proposal for Fiscal Year 2023 (which starts in July), the concerns of elected officials, business groups, neighborhood associations, activists and other organizations will be on display. But most Philadelphians likely won’t be following budget season at all. A better effort to connect spending to action might be a way to get more people to tune into this year’s budget process, said city controller Rebecca Rhynhart, who has no say in budget allocations but is in charge of auditing the city’s finances. “I think what elected leaders in government need to do a better job on — and this is what my office is working towards — is explaining the connection between the actual budget and what gets done in the city,” Rhynhart said. Her office is sharing a new series of primers published online. Along those lines, city council provides an online “Budget Center” that serves as a hub for scheduling news, links for viewing and past sessions. Read more about each city council member’s fiscal priorities here.
Source: Billy Penn; 4/11/2022

The Divine Lorraine is ending apartment leases as it turns into a ‘managed hotel property’
The Divine Lorraine — the historic landmark on North Broad that’s been filled with apartments since January 2017 — is turning into a hotel again, per a message sent by management to building residents. The 10-story Beaux Arts building at 699 N. Broad St. has cycled through numerous uses since its construction in the 1890s: apartments, a hotel, a home for a religious movement, an abandoned spot frequented by urban explorers, and apartments again. Now, it’s looking like it will be a hotel once more. Residents received email notifications over the weekend that their current leases are not eligible for renewal, as the property is transitioning to a “managed hotel property” in “the coming months.” The email did not include a specific timeline or details about the future plans, and a representative from EB Realty Management did not immediately respond to a request for comment. The building was one of Philly’s first high-rises. The Lorraine Apartments became the Lorraine Hotel early in the 20th century. Father Divine, the leader of the Universal Peace Mission Movement, renamed the property the Divine Lorraine Hotel in the 1950s and turned it into the first racially integrated hotel in the country. Under his ownership, parts of the hotel were open to the public, with the 10th floor used for worship and the dining room on the first floor offering 25-cent meals. But the hotel eventually closed in 1999 and fell into abandonment. Developer Eric Blumenfeld set his eyes on the property in the early 2000s, but he didn’t have enough funds to re-develop it. He sold the property to someone else, but the new owners were “basically gutting it,” he told Billy Penn in 2016. Blumenfeld re-purchased the property in 2012 with hopes of restoring it and turning it into a mixed-use building with apartments, retail and restaurants. Eventually his vision became a reality, and tenants started occupying some of the building’s 101 units in early 2017. The Divine Lorraine is now home to several restaurants: Cicala, offering high-end Italian fare; The Daily, a coffee shop; Foundation, a cocktail lounge and dance club; and Broad Hall, a small performance venue. Scheduled to open soon is Annex, a grab-and-go market.
Source: Billy Penn; 4/4/2022

Philly ends talks about CityCoins cryptocurrency
A few months after news broke that the city was exploring adoption of CityCoins, a philanthropic cryptocurrency that local governments can use to fund citywide initiatives, chief information officer Mark Wheeler confirmed Philadelphia is no longer pursuing the idea. The decision boiled down to CityCoins’ newness, he said, with the lack of use cases and crypto’s volatility making it hard for the officials to envision how Philly could use the funding, let alone steward it.
Source: Billy Penn; 4/4/2022

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