Philadelphia is making moves—from protecting generational wealth to investing in community and preparing for a global spotlight.
City Council passed Majority Leader Katherine Gilmore Richardson’s Generational Wealth Preservation Bill, removing a key tax barrier that has forced families to lose inherited homes. This is a major step toward keeping property—and wealth—within Philly families.
Meanwhile, the City is bringing the celebration to the block. The Block Party Bonanza initiative, backed by Cherelle Parker, will support 250 neighborhood block parties across Philadelphia as part of the nation’s 250th anniversary.

At the state level, Governor Josh Shapiro is investing nearly $40 million to position Pennsylvania as a national destination in 2026, with major events like the World Cup and MLB All-Star Game driving tourism and economic growth.

Locally, statewide, and nationally—policy, community, and economic strategy are all aligning.

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