The Department of Housing and Urban Development said it was reviewing all aspects of the Biden-era program to ensure it was carried out consistent with the agency’s core mission.

Preserving tens of thousands of low-income units is a centerpiece of efforts to address the nation's housing crisis.

Mayor Cherelle L. Parker touted her plan to pump $800 million into housing programs Thursday during her second budget address to Philadelphia City Council. Half of the money would become available almost immediately,

Mayor Cherelle Parker’s new $6.7 billion budget proposal features major cuts to some of the city’s marquee taxes while also funding a massive expansion of housing investment citywide. City Council will now debate before a final approval vote in June.

Mayor Cherelle Parker, in her second budget address, proposed borrowing $800 million for affordable housing programs and cutting the city’s business and wage taxes. The $6.7 billion spending plan, unveiled Thursday,