Actual value initiative

The Women’s Community Revitalization Project has been working to help better the lives of women and their families living in North Philadelphia. One of the organization’s latest efforts is the Campaign to take Back Vacant [continue reading…]

Property owners in West Oak Lane said the city’s recent property evaluations have left them with financial stress. The reassessments are part of the Actual Value Initiative. This will result in a property tax hike for [continue reading…]

The results of the Actual Value Initiative have created a huge variation among properties all across the city. The Office of Property Assessments establishes the value of property based on four things: the size and [continue reading…]

[vimeo 63924212] While some Philadelphians have been scrambling in the wake of the city’s property value reassessments under the Actual Value Initiative, some residents of Chestnut Hill who are selling their homes have had no problem [continue reading…]

Before the new property assessments under the Actual Value Initiative were mailed out, business owners in Chestnut Hill were feeling anxious about what effects the new values would have on their establishments. Dan Weiss is [continue reading…]

Richard Shore has lived in Center City for the past 30 years. After Philadelphia issued its property value reassessments under the Actual Value Initiative last week, Shore has been notified that his property’s value has nearly quadrupled, [continue reading…]

[vimeo 60534602] While some city residents were still feeling uninformed and anxious about the new tax assessments, Chestnut Hill was feeling a little more prepared. The Chestnut Hill Community Association has helped prepare residents for the [continue reading…]

[vimeo 59602369] Residents citywide are still concerned with what Mayor Nutter’s Actual Value Initiative may have in store for their neighborhoods. While some are concerned about how much their taxes may increase; others are more concerned [continue reading…]