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City Council recalls Philly construction tax in favor of compromise with Kenney

In place of a 1 percent tax on new construction, council members and Kenney agreed to use revenue from expiring tax abatements and voluntary contributions from developers to fund affordable housing in the city.

City Council President Darrell L. Clarke and Mayor Kenney shake hands in a 2017 file photo. Kenney and city council reached an agreement Thursday to fund affordable housing without the controversial 1 percent tax on new construction in the city.
City Council President Darrell L. Clarke and Mayor Kenney shake hands in a 2017 file photo. Kenney and city council reached an agreement Thursday to fund affordable housing without the controversial 1 percent tax on new construction in the city.Read moreJESSICA GRIFFIN / Staff Photographer