City of Philadelphia Approves 6.8 Billion One Philly 2.0 FY26 Budget

Philadelphia City Council approved Mayor Cherelle L. Parker's $6. 8 billion budget for Fiscal Year 2026, emphasizing investments in housing, public safety, education, and economic growth. The budget allocates a historic $800 million for the Housing Opportunities Made Easy (H. O.

M. E. ) Initiative, which aims to build and preserve 30,000 housing units across the city. Mayor Parker stressed the importance of unity and strong leadership in addressing the city's challenges, stating that the budget will help make Philadelphia the safest and greenest big city in America. Council President Kenyatta Johnson commended the balanced budget, highlighting the urgent need for solutions to homelessness and unsafe living conditions.

Significant public safety investments include $1 billion for various initiatives, such as $67 million for a new Forensics Science Center and $30 million in antiviolence grants for grassroots organizations. The budget also includes funding for body-worn cameras and improvements to pedestrian and cyclist safety under the Vision Zero program. This funding aims to operationalize wellness facilities, enhancing access to medical care and workforce development for residents. The budget reflects a commitment to creating equitable opportunities for all Philadelphia residents.