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Darrell L. Clarke
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NPI $400 Million Investment City Council is moving forward with a historic investment of $400 Million in neighborhoods across Philadelphia – the Neighborhood Preservation Initiative. NPI will fund more affordable housing development and preservation, help residents repair existing homes and support disabled citizens in modifying their residences. NPI will help first-time homeowners pay the down payment and closing costs to buy their first homes. It will invest in neighborhood shopping corridors, and spur jobs creation. NPI will repair neighborhood infrastructure – alleys and retaining walls – and make communities cleaner, safer, stronger. The Neighborhood Preservation Initiative was created last year by City Council, in respond to the growing need for significant investments in neighborhoods across Philadelphia. Council President Clarke unveiled NPI in September outside a sandwich and bakery store in Northwest Philly, joined by Councilmembers Cherelle L. Parker, Helen Gym, Jamie R. Gauthier and Maria Quiñones Sánchez housing officials, affordable housing advocates and other residents. For more information on the Neighborhood Preservation Initiative go https://bit.ly/3nmvzWG Office of City Council President Darrell L. Clarke | Room 313 City Hall, Philadelphia 19107 | Phone: (215) 686-3442 | Fax: (215) 686-1901