Trove Capital Affordable Housing II, LLC
Disposition to Trove Capital Affordable Housing II
10 housing units sold, across 10 properties · Council District 2 · BVG Property Group (Trove Capital Affordable Housing)
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. On a Board agendaDoneApr 12, 2022 to May 13, 2025
- 2. Board approvalDoneJun 10, 2025
- 3. Council approval of the dispositionDoneJun 5, 2025
- 4. Deed into the Land BankDoneMar 24, 2016 to Dec 8, 2025
- 5. ClosingDoneJan 15, 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.
| Date | Agenda item | Outcome | Vote as recorded | Public speakers | Letters |
|---|---|---|---|---|---|
| Jun 10, 2025 | V.A.1 | Approved | unanimous | 0 | 1 |
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).
| Resolution | Sponsor | Status | Introduced | Adopted |
|---|---|---|---|---|
| 220612 | Councilmember Johnson | adopted | Jun 16, 2022 | Jun 23, 2022 |
Closings
From the Land Bank's settlement records.
| Purchaser | Closing date | Price | Appraised value | Units | Council resolution |
|---|---|---|---|---|---|
| Trove Capital Affordable Housing II, LLC | Jan 15, 2026 | $10,000 | $1,150,000 | 10 | 250579 |
Days from the first Board approval to each closing: 219.
People and organizations
- Council resolutions naming these properties, sponsored by
- Kenyatta Johnson (resolutions 220612)
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: 0 public speakers and 1 letters, with 1 statements of support and 0 of opposition.
| Named commenters (3 in all, residents included) | Stated position | Speaking for (organization) |
|---|---|---|
| East Point Breeze Neighbors | support | East Point Breeze Neighbors |
| zacharyhowe | support | East Point Breeze Neighbors |
From the record
Passages quoted from the Board's minutes, packets and transcripts. 6 of 6 shown.
Agenda · Jun 10, 2025, item V.A.1 · packet p. 2 · PLB Board Package for 6.10.2025 Board Meeting (Complete).pdf
… seconded ta adept this resolution, all in favor gay aye.
Motion · Nicholas Dema · Jun 10, 2025, item V.A.1 · packet p. 17 · June-10-2025-PLB-Regular-Board-Meeting-Minutes.pdf
… planning and zoning committee supports the proposal to convey the parcels listed below to the Philadelphia Land Bank
Statement · Zachary Howe (letter read by Andrea Imredy Saah), East Point Breeze Neighbors (RCO) Planning and Zoning Committee · Jun 10, 2025, item V.A.1 · packet p. 17 · June-10-2025-PLB-Regular-Board-Meeting-Minutes.pdf
… ten affordable single family homes in the following properties in the 2nd Council
Statement · BRIAN ROMANO, PLB land management · Jun 10, 2025, item V.A.1 · packet p. 16 · June-10-2025-PLB-Regular-Board-Meeting-Minutes.pdf
And that was the email, and I did respond to say that these questions would be
Statement · Andrea Imredy Saah, PLB counsel · Jun 10, 2025, item V.A.1 · packet p. 17 · June-10-2025-PLB-Regular-Board-Meeting-Minutes.pdf
I'm writing to express my concerns regarding the proposed
Statement · A resident · Jun 10, 2025, item V.A.1 · packet p. 17 · June-10-2025-PLB-Regular-Board-Meeting-Minutes.pdf
Properties (10)
| Address | OPA account number | Status | Deed into the Land Bank | Closing date | Entered the Land Bank via |
|---|---|---|---|---|---|
| 1343 S COLORADO ST | 365214305 | Closed | Oct 14, 2016 | Jan 15, 2026 | RDA |
| 1508 S CLEVELAND ST | 363182505 | Closed | Mar 24, 2016 | Jan 15, 2026 | RDA |
| 1509 S CLEVELAND ST | 363177905 | Closed | Mar 24, 2016 | Jan 15, 2026 | RDA |
| 1700 S RINGGOLD ST | 364170205 | Closed | May 11, 2016 | Jan 15, 2026 | RDA |
| 1808 FERNON ST | 363084510 | Closed | Mar 24, 2016 | Jan 15, 2026 | RDA |
| 1932 WATKINS ST | 363140610 | Closed | May 11, 2016 | Jan 15, 2026 | RDA |
| 2024 GERRITT ST | 363022605 | Closed | Feb 24, 2017 | Jan 15, 2026 | RDA |
| 2026 GERRITT ST | 363022705 | Closed | Dec 29, 2016 | Jan 15, 2026 | RDA |
| 2603 WILDER ST | 364232200 | Closed | Dec 8, 2025 | Jan 15, 2026 | RDA |
| 2635 LATONA ST | 362054305 | Closed | May 11, 2016 | Jan 15, 2026 | RDA |
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.