Economic Growth
Friday, February 10, 2012 - 11:17
Impact summary of Governor's budget proposal from the Housing Alliance of Pennsylvania
Thursday, February 9, 2012 - 15:55
From 2008 to 2010, Pennsylvania's recently closed Homeowner's Emergency Mortgage Assistance Program (HEMAP) saved more than 6,100 Pennsylvania homeowners from foreclosure and had a total estimated impact of $480 million, according to a newly released report, the Reinvestment Fund’s (TRF)
Thursday, February 9, 2012 - 15:52
The Philadelphia Association of Community Development Corporations’ successful campaign to expand dedicated funding for the Philadelphia Housing Trust Fund by $3.5 million per year is chronicled in the lead story of the Winter 2012 edition of the Center for Community Change’s Housing
Thursday, February 9, 2012 - 15:49
The report of the sixth year of the Philadelphia Housing Trust Fund was released in January, and it continues to demonstrate strong results across the board. Since its inception in 2005, the Housing Trust Fund has:
Produced nearly 1,150 new homes, with another 225 under construction as
Thursday, December 15, 2011 - 14:49
If you ever tried to hang a sign outside your business, you know you’d need more than hammer and nails. Applications and approvals from three or four different City agencies may be a thing of the past if the Sustainable Business Network of Greater Philadelphia’s recommendations
Thursday, December 15, 2011 - 13:58
The City’s Board of Ethics has issued an advisory indicating that the City’s new lobbying regulations, which were amended in September, will be in effect as of January 3, 2012, with the first reports due April 30, 2012. Given amendments approved by City Council in October, further
Thursday, December 15, 2011 - 13:56
As follow up to City Council’s unanimous approval of Councilman Goode’s bill with amendments proposed by PACDC members to expand the Philadelphia CDC Tax Credit Program from 30 to 35 partnerships and maintain the tax credit at 100%, but lower the annual contribution from $100,000 to $85
Thursday, December 15, 2011 - 13:54
On December 7th, the Pennsylvania Senate approved authorizing legislation (HB 639) introduced by Rep. Taylor to expand dedicated funding for the Philadelphia Housing Trust Fund. Given House approval in April, it has gone to Gov. Corbett for his signature.
The bill will allow the City
Thursday, December 15, 2011 - 13:52
Philadelphia City Council voted 17-0 to approve the City’s new zoning code on December 15th. The new code will increase predictability for developers, homeowners and neighborhoods, and advance appropriate development. Our understanding is the Mayor will have a bill signing
Monday, October 24, 2011 - 16:28
More than 400 properties from the Philadelphia Housing Authority's scattered site inventory, primarily in North Philadelphia, are being put on the auction block in November, the first time the agency has taken such a step. Max Spann Real Estate & Auction Co. has scheduled the auction
PACDC Fact
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PACDC’s activities have culminated in more than $140 million in new resources for affordable housing and neighborhood economic development efforts.
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The Philadelphia Housing Trust Fund has raised more than $67 million in revenue since September 2005 to expand housing opportunities for Philadelphia families.
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The CDC Tax Credit Program has fostered 30 partnerships between businesses and CDCs that is providing $30 million in new funding to support neighborhood economic development.
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PACDC’s Member Services programming builds the capacity of CDCs through technical assistance and training, the sharing of ideas, best practices, and promotion of the local CDC industry.
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