AHCOPA's Kenneth Bigos and Urban League's Abraham Pardo discuss appraisal bias with large group of housing counselors from Philadelphia What is Appraisal Bias? And What is Philadelphia Doing About It? Philadelphia has been looking to understand “Appraisal Bias” since 2021, when then Councilmember Cherelle Parker launched the Philadelphia Home Appraisal Bias Task Force. This task force was created to understand what appraisal bias is, and if it was affecting Philadelphia communities. What is Appraisal Bias? Appraisal bias is a concept that when a homeowner gets their home appraised, Black homeowners and communities may see their home undervalued compared to their white counterparts. A hypothetical, but all too real, scenario would be as follows:
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Why Lower-Income Philadelphians Pay more Property Taxes than Other Cities City of Philadelphia skyline Philadelphia’s poverty rate consistently ranks as one of the highest in the country for major cities. Pew research has also found that Philadelphia has one of the highest tax burdens for lower income households for a major city. Right off the bat, this seems counter productive. If Philadelphians are already dealing with such high levels of poverty, why is the city insistent on taxing lower income households? |
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