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Cherelle Parker: “That $280,000 is reduced to a mortgage under $200,000.”

Featuring: Cherelle Parker, Democratic | Mayor of Philadelphia | Pennsylvania

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Mayor Cherelle Parker's Brilliant Housing Plan 4 Philly

Published | Video Starts at 09:46

And we have preferred lenders. And give the lenders a huge round of applause. All of them. This doesn't happen without you. They work with us and give additional help so That $280,000 is reduced to a mortgage under $200,000. And that is unheard of for new construction, not just here in the city of Philadelphia, but I challenge you to go to any state on the east coast and try to find a newly built house for $200,000 a year. (09:46–09:55)

CLAIM

Asserts that financial assistance reduces the mortgage cost of Turn the Key homes to under $200,000.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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