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Darnell Deans Sr. spends $21 every other week to cash his paycheck because he does not have a bank account.
The 52-year-old North Philadelphia resident says he thinks banks are a hassle. "When you open up an account, you have to have a certain kind of money to put in there. There's always so many kinds of stipulations," Deans said.
Even so, spending $546 a year to access his paycheck pains him. "I could have used that money," he said, referring to the thousands he has spent over the years.
Deans is among the estimated 81,000 Philadelphians with no bank accounts, known in the financial industry as "unbanked." All Philadelphians spent $12.6 million at check-cashing services on $503 million worth of checks, the Brookings Institution said.
To combat that drain on neighborhood wealth, federal and city officials yesterday launched Bank on Philadelphia, a program modeled on an effort in San Francisco to get low- and moderate-income residents into the mainstream banking system.
Having a bank account not only saves money, but it also acts as a "shield against the financial predators that are out there in the market," said Laurie Magid, acting U.S. attorney for the Eastern District of Pennsylvania.
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Organizers estimated then that 50,000 households in San Francisco were unbanked, spokeswoman Leigh Phillips said. As of June, 18,558 accounts were open under the program. "We think it's pretty significant," she said.
Valerie Klein, director of program quality at the nonprofit Consumer Credit Counseling Service of the Delaware Valley, said her research found that some people without bank accounts were efficient at working mainstream and alternative financial systems. They cashed their paycheck at the issuing bank and took the money to a check casher to pay bills with money orders.
Others preferred the convenience of check cashers, where they can cash their check, get a money order and buy a stamp. "They could do everything at one place and do it after work when the bank wasn't open," Klein said.
There is no clear link between the lack of bank branches in an area and residents' use of check cashers. Of course, no one is limited to their neighborhood for those services.
Bank and credit-union branches outnumber check cashers in Philadelphia 2-1.
Based on a breakdown by zip code, the city's Kingsessing neighborhood has the largest number of unbanked residents, 13,652, according to the U.S. Treasury. There are no bank branches there, but also only one check casher.
Transit crisis awaits a mayor
SEPTA, parking fees and a regional outlook are crucial issues facing the primary contenders.
By Paul Nussbaum
Inquirer Staff Writer
One gauge of a city's health is its mobility.
A city that thrives is one where congestion doesn't become gridlock, where commuters, shoppers and beer trucks can coexist. Bustle is good, immobility is bad.
For Philadelphia's next mayor, the big transportation challenges will be to improve mass transit and deal with chronic traffic and parking problems. And the mayor will have to persuade skeptical suburbanites to help because the city's transportation network is the hub of a vast regional web.
"Where does transportation land on your priority list? It has to rate very highly," said Steven Wray, executive director of the Economy League of Greater Philadelphia, citing transportation's importance to the region's economy.
Center City "can't continue to boom without a transportation policy," said Vukan Vuchic, a professor of city and regional planning at the University of Pennsylvania.
Bus, subway and trolley fares won't rise, but passes will cost more. Transfers will be eliminated.
By Paul Nussbaum
Inquirer Staff Writer
SEPTA bus, subway and rail fares will increase by an average of 11 percent on July 9, following a 13-2 vote yesterday on the agency's new operating budget.
The SEPTA board also approved a "doomsday" plan to take effect Sept. 2, with 24 percent fare hikes and 20 percent service cuts, if the state legislature does not increase annual state funding by nearly $100 million.
For subway, bus and trolley riders, cash fares will remain at $2 and tokens at $1.30 under the new fare plan. But transfers will be eliminated on Aug. 1, meaning transit riders wanting to transfer will have to buy an additional token or use a daily, weekly or monthly pass.
Weekly passes for transit riders will increase from $18.75 to $20.75, and monthly passes from $70 to $78. Regional Rail riders will see costs rise as well; the price of a Zone 3 monthly pass will increase from $126.50 to $142.50.
By DAN GERINGER
Cash-strapped SEPTA's board of directors is expected to approve two drastically different survival plans tomorrow: one a modest 11 percent fare increase for existing service, the other a "doomsday" plan - raising fares 24 percent while cutting service 20 percent, which could devastate low-income workers, fixed-income seniors, the physically disabled and students.
If the state Legislature comes up with $100 million this summer to fill the chronically underfunded transit agency's budget hole, then the "doomsday" plan will be ditched, and only the 11 percent fare hike will go through.
But if the Legislature fails, riders will be forced to foot the bill by enduring longer waits for fewer buses and trains, and by paying much more for service:
SEPTA's base cash fare would rise from $2 to $2.50, tokens from $1.30 to $1.80, a TransPass from $18.75 to $25 weekly and from $70 to $95 monthly, and one-way Regional Rail fares would rise by as much as $1 during peak times and $2.50 off-peak.
The state leaves it little leeway for a local, dedicated source of revenue.
By Paul Nussbaum
Inquirer Staff Writer
When Pennsylvania legislators complain that SEPTA already gets more state funding and less local funding than most transit agencies in the United States, they're right.
But whose fault is that?
In Pennsylvania, the state prevents regional transit agencies and local governments from raising money in many of the ways used by their counterparts elsewhere.
Colorado and Georgia provide none of the money to operate Denver's and Atlanta's mass transit. Instead, they authorize local sales taxes, approved by local voters. New York, Michigan, Illinois and Ohio are among the states where local property taxes are earmarked for mass transit. Los Angeles County uses a 1 percent sales tax, approved by county voters.
Thirty-three states have authorized local or regional sales taxes specifically for transportation.
Not Pennsylvania.
Study suggests shift of gears for Phila. commuters
Indications of a surprising gain for mass transit.
By Paul Nussbaum
Inquirer Staff Writer
For the first time in nearly half a century, Center City vehicle traffic dropped while mass-transit ridership was up, according to new data from the Delaware Valley Regional Planning Commission.
After decades of increasing dependence on the automobile, the question is whether this a blip or the beginning of a transforming trend.
The numbers were gathered in 2005, when gas prices rose sharply after Hurricane Katrina. Experts say that may have been a big factor.
The number of vehicles crossing Center City's boundaries was about 1.015 million on a typical weekday in 2005, down slightly from 1.020 million in 2000, according to the commission's preliminary, unpublished data. In 1995, the number of vehicles was 990,000. Meanwhile, the number of mass transit riders entering or leaving Center City was 486,326 a weekday in 2005, up from 442,023 in 2000 and 484,151 in 1995.
The slight shift interrupted a 45-year trend. In 1960, when the commission began keeping track, 53 percent of all Center City trips were by mass transit; by 2000 the percentage was down to 26.5 percent. In 2005, the percentage rose to about 28.5 percent.
Posted on Tue, Feb. 13, 2007
Fattah calls for studying Center City drive-in fee
By Michael Currie Schaffer
Inquirer Staff Writer
Mayoral candidate Chaka Fattah yesterday proposed examining a "congestion charge" that would require drivers to pay to bring their cars into traffic-clogged parts of central Philadelphia at peak hours.
Fattah offered few specifics about what his plan would cost or just how it would be implemented. He said he hoped only to "study" the idea.
"We cannot have a city in which everyone expects to be able to drive their car everywhere they want to go," Fattah said.
Changing Skyline: Zoning board thumbs its nose at laws
By Inga Saffron
Inquirer Architecture Critic
In the marbled corridors of Philadelphia's government, he is often invoked by nickname, sotto voce, with a touch of grievance: Lord Auspitz. In the sunny hearing room, however, it's always Mr. Chairman.
The gentleman in question is David Auspitz, the powerful head of the city Zoning Board of Adjustment. When the voluble Auspitz likes a project, he's not shy about letting his colleagues know. Just recently, he gushed about the glassy 23-story Americana, a condo building proposed for Old City by Yaron Properties. Despite one member's warnings about allowing a high-rise in a historic neighborhood, the board gave the 268-foot tower a green light.
There's just one, not-so-little hitch: The legal height limit in Old City is 65 feet. It's been that way since 2003, when City Council passed, and Mayor Street signed, a law to control the incursion of skyscrapers into a neighborhood that includes Christ Church, Betsy Ross' house, and a rich collection of cast-iron buildings.
Call#: Van Pelt Library AY286.P5 I578
The Philadelphia Inquirer published a Philadelphia Regional Almanac from 1994-1995.
| Posted on Thu, Oct. 26, 2006 |  | |
| Involving public in waterfront plan Harris M. Steinberg is executive director of Penn Praxis, School of Design, at the University of Pennsylvania | ||
Posted on Thu, Oct. 12, 2006
Architect named as new Phila. planning chief
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"As we move forward with plans to redevelop and revitalize our riverfronts along the Schuylkill and Delaware Rivers, we need the expertise and guidance of the Planning Commission," Street said in lauding Woodcock and her decades of experience in Seattle, Boston and Portland.
Kenney, DiCicco: Zoning, planning need new look
The councilmen say codes and systems are out of date. They want to set qualifications for appointees.
By Kera Ritter
Inquirer Staff Writer
City Councilmen Jim Kenney and Frank DiCicco plan to introduce legislation today that would revamp the city's zoning and planning systems, which they say are too outdated to be effective.
The legislation would set qualifications for mayoral appointees on the City Planning Commission and Zoning Board of Adjustment and give the Planning Commission more time to review projects. The councilmen also want to have a public hearing on fees paid by developers to help the community.
Mayor-Council unity fought blight in past; it can again
By John Kromer
Geno's hit with bias complaints
The Commission on Human Relations said it would insist on removal of a "Speak English" sign at the cheesesteak shop.
By Mitch Lipka
Inquirer Staff Writer
One of South Philadelphia's biggest names in cheesesteaks is in a bit of a legal pickle for a lunch-line political statement against immigrants who don't speak English. The city's Commission on Human Relations yesterday filed a discrimination complaint against Geno's Steaks over signs that read: "This is AMERICA ... WHEN ORDERING SPEAK ENGLISH." Owner Joey Vento has become a mini-celebrity over the issue and has steadfastly refused to pull down the signs despite the growing legal brouhaha. His son, Geno, said his father would not comment on the matter to The Inquirer. ....