University City
Axis Philly: University City Homeowners Reflect on Politics of Relief Measures
Residents of University City discuss their projected tax increases and how it will affect their political positions. [continue reading…]
property taxes
Featured Stories
Axis Philly: Residents of Saint Albans Street Express Concerns About Real Estate Valuations
Residents throughout Graduate Hospital have expressed concern about the lack of fairness and accuracy in property value reassessments under AVI, regardless of how long they have resided in the neighborhood. “I was born and raised [continue reading…]
Housing
Ludlow: Longtime Residents Brace for Property Tax Hikes
The city’s proposed property tax hikes wouldn’t affect lower income homeowners in Ludlow, according to the office of State Representative W. Curtis Thomas. However, many Ludlow homeowners fear the city’s new Actual Value Initiative (an [continue reading…]
Property
Axis Philly: Are Tax Exemptions and Abatements Beneficial?
https://vimeo.com/60753734] Many people are concerned about the re-evaluation of all 579,000 properties in Philadelphia, including those that are tax exempt, with some questioning whether the benefits of nonprofit tax exemptions and residential tax abatements outweigh [continue reading…]
Housing
Axis Philly: Penn Student Says AVI May Affect Housing Choices
When Charles Burke, a junior architecture major at Penn University, first heard about the Actual Value Initiative – the reassessment of every property in the city of Philadelphia done with the intention of rooting the [continue reading…]
Featured Stories
Axis Philly: Longtime Resident of Grad Hospital Expresses Concern Over Tax Increases
Many people are concerned that their property taxes will increase significantly due to the property value reassessments, which city officials expect to mail out today. “My main concern is,” said Dorine Howard, who lives in the [continue reading…]
Chestnut Hill
Axis Philly: Chestnut Hill Community Association Holds Meeting to Discuss New Property Assessments
The Chestnut Hill Community Association held a meeting on Tuesday night discussing the upcoming property value reassessments that are part of Mayor Nutter’s Actual Value Initiative. A panel of representatives of the City Office of [continue reading…]
Economy
Axis Philly: Penntrification Caused Demographic Shifts, Impact of Real Estate Taxes Still Questionable
Expansion has been occurring around the University City District into other neighborhoods, such as West Powelton. How AVI will affect this expansion remains unclear. [continue reading…]
Chestnut Hill
Axis Philly: Chestnut Hill Business Owners Fear Tax Hike
Business owners in Chestnut Hill are starting to feel the anxiety that has been building across the city in anticipation of Mayor Nutter’s Actual Value Initiative. Individual tax assessments will be released in the coming [continue reading…]