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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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