PACDC’s activities have culminated in more than $140 million in new resources for affordable housing and neighborhood economic development efforts.
Philadelphia Chinatown Development Corporation Featured in the Philadelphia Inquirer
Progress from Philadelphia Chinatown Development Corporation was reported in a story in the Philadelphia Inquirer February 6th about its planned community center, a mixed-use complex for recreation, offices, and apartments.
http://www.philly.com/philly/news/20120206_Towering_ambitions_for_Chinatown.html
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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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