Amending Title 9 of The Philadelphia Code, entitled ?Regulation of Businesses, Trades and Professions,? by adding a new Chapter, entitled ?Residential Property Wholesalers,? to regulate the solicitation of purchases of real property and require certain disclosures by property purchasers to homeowners, and amending Chapter 9-1100 of The Philadelphia Code, entitled ?Fair Practices Ordinance: Protections Against Unlawful Discrimination,? to provide protections to homeowners from solicitation and related problems, all under certain terms and conditions.

Providing for a payment to the City upon the construction of certain real estate, and directing Council to appropriate revenues from such payments to the Department of Planning and Development – Division of Housing and Community Development, in order to support equitable neighborhood development by constructing affordable housing, including units for sale or rent; providing assistance to Philadelphians who desire to become homeowners; providing opportunities for workforce development and apprenticeship; and requiring M/W/DBE participation goals, including monitoring and enforcement, all under