Closed

Civetta Property Group LLC

Disposition to Civetta Property Group LLC of 22 si

22 housing units sold, across 2 properties · Civetta Property Group, LLC

What is missing from the record

Every step has a date on record. Nothing is missing from the records we hold.

Where this project stands

Five steps, from the Board agenda to the closing. A disposition is the sale or transfer of a Land Bank property. The Council step is City Council's approval of the sale, which comes after the Board's approval.

  1. 1. On a Board agenda
    Done
    Oct 8, 2024
  2. 2. Board approval
    Done
    Oct 8, 2024
  3. 3. Council approval of the disposition
    Done
    Oct 24, 2024 to May 15, 2025
  4. 4. Deed into the Land Bank
    Done
    Nov 14, 2025
  5. 5. Closing
    Done
    Mar 4, 2026

Board hearings

One row for each Board hearing where this project was on the agenda. Fewer than six approving votes means no decision was reached; it is not a denial. Speakers and letters are public comments on the item.

DateAgenda itemOutcomeVote as recordedPublic speakersLetters
Oct 8, 2024V.A.4Approvedunanimous30
Apr 8, 2025IV.B.2Approvedunanimous00

City Council

City Council resolutions that name this project's properties, from Council's Legistar records. Earlier resolutions often moved the lots into the Land Bank; they are not Council's approval of this sale (step 3 above).

ResolutionSponsorStatusIntroducedAdopted
240994Councilmember BassadoptedOct 24, 2024Oct 31, 2024

Closings

From the Land Bank's settlement records.

PurchaserClosing datePriceAppraised valueUnitsCouncil resolution
Civetta Property GroupMar 4, 2026$2,200$500,00022240949;250510

Days from the first Board approval to each closing: 512.

People and organizations

Council resolutions naming these properties, sponsored by
Councilmember Bass (resolutions 240994)

Public comment

A position is counted only where the person stated one at a hearing or in a letter. Letters read aloud at a meeting are staff summaries, not the writer's own words. Officials and people speaking for an organization are named; residents who spoke for themselves are counted, not named.

Across all hearings: 3 public speakers and 0 letters, with 2 statements of support and 1 of opposition.

Named commenters (3 in all, residents included)Stated positionSpeaking for (organization)
Rick YoungsupportUrban Developer Association

From the record

Passages quoted from the Board's minutes, packets and transcripts. 6 of 6 shown.

… – Affordable Housing (unsolicited) Mr. Pullukattu requested the Board’s approval for the disposition of 1520-40 and 1600-20 W. Venango Street in the Eighth (8th) Council District to Civetta Property Group LLC. The applicant proposes to develop twenty-two (22) single-family homeownership units. The units will each be two stories, without basements, containing three (3) bedrooms and two (2) bathrooms at approximately 1,100 square feet each They will be sold to households with incomes at or below 80% of AMI for a maximum sales price of $250,000. The homes will be eligible for the Neighborhood…

Minutes · Oct 8, 2024, item V.A.4 · packet p. 9 · PLB Board Package for 11.12.2024 Board Meeting.pdf

Agenda · Oct 8, 2024, item V.A.4 · packet p. 3 · PLB Board Package for 10.8.2024 Board Meeting.pdf

218, 326, 342 and 343 Shedaker Street; 4925 and 5222 Wakefield Street (attached to these minutes as Exhibit D). IV.B.2 Amendment to Approved Disposition Next, Mr. Pullukattu requested Board approval to amend Resolution No. 2024-48, adopted by the Board on October 8, 2024, to revise the maximum sales price and AMI level for twenty-two (22) affordable homeownership units from $250,000 at 80% AMI to $280,000 at 100% AMI, due to rising construction costs and to increased compliance costs related to the recent implementation of new City regulations. Ms. Imredy Saah reported that no questions or pu…

Minutes · Apr 8, 2025, item IV.B.2 · packet p. 31 · PLB Board Package 5.13.2025 - Parts 1 & 2.pdf

Agenda · Apr 8, 2025, item IV.B.2 · packet p. 2 · PLB Board Package for 4.8.2025 Meeting (FINAL).pdf

Those coposed, nay.

Motion · Darwin Beauvais · Apr 8, 2025, item IV.B.2 · packet p. 44 · PLB Board Package 5.13.2025 - Parts 1 & 2.pdf

… to resoluticn number 2024-48 adopted by the Board on Octcher 8th, 2024,

Statement · Mathen Pullukattu, Philadelphia Land Bank · Apr 8, 2025, item IV.B.2 · packet p. 44 · PLB Board Package 5.13.2025 - Parts 1 & 2.pdf

Properties (2)

AddressOPA account numberStatusDeed into the Land BankClosing dateEntered the Land Bank via
1520 W VENANGO ST112124105ClosedNov 14, 2025Mar 4, 2026RDA
1600 W VENANGO ST112124805ClosedNov 14, 2025Mar 4, 2026RDA

Sources: Board minutes and packets; PHDC workbook; Council (Legistar); Transcript. Built from the Land Bank Board's minutes, packets and transcripts, the Land Bank's settlement workbook, and City Council records.

Civetta Property Group LLC | Land Bank Watch