Many Philadelphians are one or two missed paychecks away from living on the street.
Almost 60 percent of renters and more than 40 percent of homeowners spend one-third or more of their income on housing expenses. About 10,000 city properties are in some state of foreclosure. These problems result in part from an inadequate supply of affordable housing.
CEO will convene City departments and nonprofit providers to analyze the effectiveness of current services and programs like eviction prevention, home repair, and mortgage diversion to help people stay in their homes. In addition, it will work to increase other resources and supports like assistance with energy conservation, weatherization, and help with utilities, case management, and other social services.