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PACDC Members Meet with PHA

Submitted by Emily Hockenberry on Thu, 05/12/2011 - 11:56

PACDC organized a meeting in April between representatives of 15 member CDCs and the Philadelphia Housing Authority regarding requests they had submitted for surplus PHA property.  PHA explained the process for disposing of property they own. The meeting was very productive and demonstrated the desire of PHA to work more closely with member CDCs.

PACDC Fact

  • PACDC’s activities have culminated in more than $140 million in new resources for affordable housing and neighborhood economic development efforts.

  • The Philadelphia Housing Trust Fund has raised more than $67 million in revenue since September 2005 to expand housing opportunities for Philadelphia families.

  • 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.

  • 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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