Philadelphia Management Corp. paid a civil penalty of $47,278 to settle alleged violations of federal lead-based paint disclosure requirements in 11 lease agreements at two properties in Philadelphia, the federal Environmental Protection Agency said today.
The agency said Philadelphia Management had failed to warn renters about the presence of lead-based paint in the buildings. Lead poisoning in children can cause intelligence deficiencies, learning disabilities, hearing impairment, hyperactivity and behavioral problems, the agency said. An estimated three-quarters of housing built before 1978 in the United States contains lead-based paint. The EPA said Philadelphia Management had since complied with the law.