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Actual Value Initiative

Fault Lines Emerge in Nonprofit Sector With New Filing Requirement results

Mar. 13, 2015 11:29 am

Fault Lines Emerge in Nonprofit Sector With New Filing Requirement

Update: A bill is heading to a full City Council vote that could upend the filing requirement. Read our update for more information on the bill.  Reverend Terrence Griffith of the New African Baptist Church in South Philadelphia received a letter in the mail last month that took him by surprise. The letter included a […]
Homestead Exemption Applications Due this Saturday results

Sep. 10, 2014 2:30 pm

Homestead Exemption Applications Due this Saturday

The Homestead Exemption is a form of recourse for homeowners pressured by rising property taxes. It was created in 2012 following the implementation of the Actual Value Initiative (AVI), which overhauled the city’s property tax system and raised property values for a number of Philadelphia homeowners. This is only the second year the Homestead Exemption […]