Economic Growth
Tuesday, April 23, 2013 - 09:32
Testimony on the FY14/Year 39 Preliminary Consolidated Plan
Presented to the Office of Housing and Community Development
April 23, 2013
Good afternoon and thank you for the opportunity to testify. My name is Beth McConnell, and I’m the Policy Director for the Philadelphia
Tuesday, April 23, 2013 - 09:31
For Immediate Release:
Friday, June 1, 2012 - 16:59
On May 3rd Council President Clarke and 15 other Councilmembers introduced a package of four bills to bolster the tools the City has at its disposal to more address the impact of the City’s Actual Value Initiative (AVI) on homeowners.
Under AVI, all of the City’s properties are being
Friday, February 10, 2012 - 11:17
Impact summary of Governor's budget proposal from the Housing Alliance of Pennsylvania
Thursday, February 9, 2012 - 15:55
From 2008 to 2010, Pennsylvania's recently closed Homeowner's Emergency Mortgage Assistance Program (HEMAP) saved more than 6,100 Pennsylvania homeowners from foreclosure and had a total estimated impact of $480 million, according to a newly released report, the Reinvestment Fund’s (TRF)
Thursday, February 9, 2012 - 15:52
The Philadelphia Association of Community Development Corporations’ successful campaign to expand dedicated funding for the Philadelphia Housing Trust Fund by $3.5 million per year is chronicled in the lead story of the Winter 2012 edition of the Center for Community Change’s Housing
Thursday, February 9, 2012 - 15:49
The report of the sixth year of the Philadelphia Housing Trust Fund was released in January, and it continues to demonstrate strong results across the board. Since its inception in 2005, the Housing Trust Fund has:
Produced nearly 1,150 new homes, with another 225 under construction as
Thursday, December 15, 2011 - 14:49
If you ever tried to hang a sign outside your business, you know you’d need more than hammer and nails. Applications and approvals from three or four different City agencies may be a thing of the past if the Sustainable Business Network of Greater Philadelphia’s recommendations
Thursday, December 15, 2011 - 13:58
The City’s Board of Ethics has issued an advisory indicating that the City’s new lobbying regulations, which were amended in September, will be in effect as of January 3, 2012, with the first reports due April 30, 2012. Given amendments approved by City Council in October, further
Thursday, December 15, 2011 - 13:56
As follow up to City Council’s unanimous approval of Councilman Goode’s bill with amendments proposed by PACDC members to expand the Philadelphia CDC Tax Credit Program from 30 to 35 partnerships and maintain the tax credit at 100%, but lower the annual contribution from $100,000 to $85
PACDC Fact
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PACDC’s activities have culminated in $180 million to date in new resources for affordable housing and neighborhood economic development.
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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.
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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.
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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.
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The local CDC industry generated $3.3 billion in economic impact in Philadelphia during the past 20 years.
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