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What We're Reading: 11/12/18

Here's what we're reading this week about the projects, people and policies driving local development:

Inquirer: Philly flush with cash thanks to business and real estate tax revenues

Claudia Vargas, November 13, 2018

The City of Philadelphia finished FY18 with a fund balance of $421mm, greatly higher than its projected $75.5 mm surplus, largely due to more robust business tax revenue and real estate transfer tax receipts.

WHYY: Advocates hope Gov. Wolf uses decisive election victory to seek large school funding boost

Kyrie Greenberg, November 12, 2018

Governor Wolf’s large margin of victory could lay the groundwork to move changes in school funding formulas forward.

Next City: Crowdfunding and Opportunity Zones Joining Forces in Philadelphia Project

Jared Brey, November 5, 2018

Mosaic Development is undertaking a project in a new Opportunity Zone, using crowdfunded investing as part of the financing for a development that will include market rate affordable rental units.

Plan Philly: Study: Spending now on legal aid for renters would save city down the road

Jake Blumgart, November 13, 2018

A proposal to provide free legal counsel for low income tenants in rental eviction cases is studied, for its cost and effect.

Billy Penn: What Amazon rejected: $5.7 billion HQ2 package from Philly and PA

Max Marin, November 13, 2018

What did Philadelphia and Pennsylvania offer Amazon to bring HQ2 here? The offer, with some redactions, is linked here.

Plan Philly: Philly's Amazon HQ2 loss could be a long-term win for city, experts say

Jim Saksa, November 13, 2018

How can Philadelphia gain from losing out in the Amazon HQ2 beauty contest?

Inquirer: Losing Amazon HQ2 underscores where Philly falls short | Opinion

John Fry, November 15, 2018

Drexel University President John Fry weighs in with his opinion on why Philadelphia didn’t land Amazon HQ2, and how we need to expand our talent pool through education at elementary and high school levels.

Inquirer: What can Philly learn from Amazon’s decision?

Joel Naroff, November 18, 2018

Joel Naroff analyzes what Philadelphia can learn about attracting companies from the Amazon HQ2 nationwide contest.

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