PACDC’s activities have culminated in $180 million to date in new resources for affordable housing and neighborhood economic development.
PACDC UNVEILS $3.3 BILLION ECONOMIC IMPACT OF CDCS TO THE LOCAL ECONOMY
COLLECTIVE STRENGTH: The $3.3 Billion Impact of Philadelphia Community Development Corporations
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Latest Press Coverage:
Philadelphia Inquirer Op-Ed: "Neighborhoods' Steadfast Allies" by Rick Sauer and Don Haskin
Philadelphia Inquirer Editorial: "Community Development Doesn't Just happen"
Philadelphia Inquirer: "Study: Philly Has Had $2.2 billion in community development over 20 years"
KYW Radio/CBS News: "Report Shows Valuable Impact By City's Network Of CDCs On Local Economy"
Philadelphia Weekly: "Community Development Corporations Touted In City Hall"
Philadelphia Tribune: "CDCs Created 12k Jobs"
Philadelphia Business Journal: "Study: Community Development Has Boosted Philadelphia By Billions"
Philadelphia Real Estate Blog: "The Impact Of Philly's Community Development Corporations"
Economic Development Blog: "Report - Philadelphia CDCs Contributed $3.3B To Local Economy"
Philadelphia Planning Journal: "Were Would We Be Without CDCs?"
Urban Philadelphia: "New Report Shows Impact of Community Development Corporations"
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The Philadelphia Housing Trust Fund has raised nearly $95 million since September 2005 to expand housing opportunities for more than 14,000 Philadelphia families.
The CDC Tax Credit Program has fostered 40 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, 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.
PACDC launched the Community Development Leadership Institute to provide expert trainings on a broad range of critical topics to build the capacity of CDCs across Philadelphia.
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