Spurred by frustration with municipal policies that he argues stifle home building, Rushdy enjoyed a rapid rise in Philly politics.
Mohamed “Mo” Rushdy attends a Philadelphia City Council meeting last month. The local developer has become increasingly involved in Philadelphia politics over the last several years. He's a constant in City Council, ran an anti-progressive super PAC, and was appointed to the Land Bank.developer Mohamed “Mo” Rushdy stood inside the entrance of the ornate chambers and greeted a parade of politicians, staffers, and lobbyists.
“My priority as BIA president is to provide solutions that can be executed fast and provide homes for working-class people making $20 an hour,” said Rushdy, 44, who became the head of the BIA on Jan. 1. “We’ve seen what the alternative is: no scale, little things here and there, while the need grows.”“He absolutely believes in the power of government to make things better,” said Chief Deputy Mayor Aren Platt, who formerly consulted for Rushdy’s super PAC focused on Council candidates.
Low-value land in neglected areas marked an opportunity for Rushdy. While other developers competed over condos or high-end rentals, he could target a different market and help revive neighborhoods like Many in the real estate industry hated the tax, but BIA leadership saw it as an opportunity to salve negative feelings about development and
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