PACDC’s activities have culminated in more than $140 million in new resources for affordable housing and neighborhood economic development efforts.
Center for Community Change Reports PACDC’s Success with Philadelphia Housing Trust Fund Expansion
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 Trust Fund Project newsletter. Read the entire article here:
PACDC Fact
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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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