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PACDC Member Marcus Allen Winner of "40 Under 40" Award

Submitted by Emily Hockenberry on Mon, 2011-04-25 16:27

Marcus Allen, CEO of PACDC Member Organization ACHIEVEability, is the recipient of one of the Philadelphia Business Journal's "40 Under 40" Awards.

 

This program recognizes 40 individuals, under the age of 40, who are proven performers in their respective industries and communities. These dynamic leaders have shaped our community in ways that have made greater Philadelphia a better place to do business and live. Winners will be profiled in a special section of the May 13 Business Journal issue.

 

PACDC Fact

  • PACDC’s activities have culminated in $180 million to date in new resources for affordable housing and neighborhood economic development.

  • 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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