A settlement agreement in the case of I.B.I.D. Associates Limited Partnership v Councilmember Jamie Gauthier and the City of Philadelphia. The lawsuit alleged that Councilmember Gauthier and the City of Philadelphia had violated IBID’s constitutional right to sell a 2.6 acre property and to take advantage of the property’s former zoning for high-density commercial and mixed uses.
Under the terms of the settlement, $3.5M will be received by the City of Philadelphia. The City has engaged United Way of Greater Philadelphia and Southern New Jersey to distribute the funds to the former tenants of 70 units at the University City Townhomes to mitigate the costs of relocation. Additionally, United Way has been retained to provide support services to the tenants, which will be funded by a coalition of University City anchor institutions including the University of Pennsylvania, Drexel University, Penn Medicine, University City Science Center, and Children’s Hospital of Philadelphia.
IBID will transfer a 23,595 square foot parcel of the property to the City’s inventory for the development of 70 permanently affordable units plus community green space. As a part of the agreement, the City will amend the Affordable Housing Overlay (AHP) to exclude the IBID property.
|Settlement Agreement – IBID Associates PDF||April 19, 2023|