PHA to Auction More Scattered Site Properties

 (Philadelphia, PA - January 17, 2018)- The Philadelphia Housing Authority (PHA) will hold an auction of 129 structures and lots scattered throughout the city next month  as the agency continues to make adjustments to its property portfolio.

 "The money raised at auctions such as this one is critical to the financial support of our mission. We will convert the value on these properties to create other housing opportunities for families who have been waiting," said PHA President and CEO Kelvin Jeremiah. 

The public auction will take place on February 22nd at Barry S. Slosberg Auctioneers, 2501 East Ontario Street in Northeast Philadelphia. Registration begins at 8 AM that morning with the auction beginning at 11 AM. The property list will be published on the auctioneer's website:  http://www.bssauction.com/. A public auction seminar will take place on February 15th from 12 to 4 PM at the auctioneer's Ontario Street location.

Last October, the authority successfully auctioned 54 scattered site properties, generating $2.9 million to create or preserve affordable housing. The auction attracted  high interest from almost 300 participants who bid on properties spanning from the Northeast to South Philadelphia.
The housing authority has held two other auctions in recent years. In November 2011, the agency auctioned over 400 properties.  In July 2013, the housing authority put approximately 200 properties up for sale.

The sale of long-vacant scattered properties by auction is just one part of PHA's comprehensive plan for its scattered site portfolio. PHA is also in process of rehabilitating hundreds of other vacant scattered site properties for families on PHA's waiting list while transferring additional properties to the Philadelphia Land Bank for reuse as affordable rental and homeownership purposes, and partnering with other organizations to develop new units.

The large majority of PHA's scattered sites are occupied. Families who live in those homes will not be affected, as those units will remain in the PHA inventory.