PACDC’s activities have culminated in $180 million to date in new resources for affordable housing and neighborhood economic development.
New Brochures from the Department of Banking
The Pennsylvania Department of Banking has just published a new consumer information brochure that your agency may find useful. “Home Ownership in Tough Times” lays out four steps for home owners who are struggling to pay their mortgage. It also touches on ways for a home owner to move out of their homes without creating additional financial woes.
The department has also updated its “Buying a Home” brochure, which offers information on the process of purchasing a home. The brochure provides consumers with resources they may not have otherwise considered, like the PA Department of Banking, and other state and federal regulators.
For your convenience click on the links above to check out the brochures. I hope you find the information timely and useful. If you would like printed copies of these or any of the other brochures the department offers at no cost, please let me know.
We are in the process of updating one more brochure – “Protecting Yourself from Identity Theft.” As it becomes available, I will be sure to share it with you.
Consumer Group Relations Coordinator
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The Philadelphia Housing Trust Fund has raised nearly $80 million since September 2005 to expand housing opportunities for more than 6,000 Philadelphia families.
The CDC Tax Credit Program has fostered 35 partnerships between businesses and non-profits that is providing $60 million in new funding for CDC neighborhood economic development.
PACDC’s Member Services programming builds capacity of CDCs through technical assistance and training, sharing of best practices, networking, and promotion of the local CDC industry.
The local CDC industry generated $3.3 billion in economic impact in Philadelphia during the past 20 years.
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