Proposing an amendment to the Philadelphia Home Rule Charter further providing for mandatory annual appropriations for the Housing Trust Fund; and providing for the submission of the proposed amendment to the electors of Philadelphia.

Proposing an amendment to the Philadelphia Home Rule Charter further providing for mandatory annual appropriations for the Housing Trust Fund; and providing for the submission of the proposed amendment to the electors of Philadelphia. WHEREAS, Under Section 6 of the First-Class City Home Rule Act (53 P.S. §13106), an amendment to the Philadelphia Home Rule Charter may be proposed by a resolution of the Council of the City of Philadelphia adopted with the concurrence of two-thirds of its elected members; now, therefore, be it RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA: SECTION 1. That the following amendment to the Philadelphia Home Rule Charter is hereby proposed and shall be submitted to the electors of the City of Philadelphia on an election date designated by ordinance: ARTICLE II LEGISLATIVE BRANCH The Council - Its Election, Organization, Powers and Duties * * * CHAPTER 3 LEGISLATION * * * § 2-300. The Annual Operating Budget Ordinance. * * * (4) In every annual operating budget ordinance: * * * (g) An amount equal to at least one half of one percent (0.5%) of the City’s total General Fund appropriations in such ordinance , plus an amount equal to total receipts by the City in the preceding calendar year of payments made in lieu of providing affordable housing for any purpose as may be provided for under the Zoning Code, shall be appropriated for expenditure out of the Housing Trust Fund as established pursuant to the Act of July 14, 2005, P.L. 280, No. 49, 53 …