Eight District Councilwoman Cindy Bass has announced that she will use $2.2 million in Neighborhood Transformation Initiative (“NTI”) funds to stabilize the historic Germantown YWCA building. The Philadelphia Redevelopment Authority is also providing additional funds to rehab the property, totaling approximately $4 million of investment, as reported in The Philadelphia Inquirer. In her news release, Councilwoman Bass addresses rising community concern about development in the neighborhood. The full text of Councilwoman Bass’ statement follows below.
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