PACDC’s activities have culminated in $180 million to date in new resources for affordable housing and neighborhood economic development.
City of Philadelphia Bicycle Parking Corral Application
Bicycle Parking Corrals
Following the successful pilot last fall of an in-street bike parking rack on Sydenham St. just south of Walnut St in Center City, the Mayor’s Office of Transportation and Utilities (MOTU) received numerous requests from businesses around the City to provide in street bike parking. Starting this month, MOTU will be soliciting applications from businesses and organizations who want to convert a single car parking space in front of their building into parking spaces for 12 bicycles. We will be awarding up to 10 of these racks free of charge to applicants who prove that they meet the criteria outlined in application packet available on the MOTU website http://phillymotu.wordpress.com.
Interested businesses or organizations are required to complete the following steps:
· Determine if their location meets space requirements
· Provide evidence that their location has a high and unmet demand for bicycle parking
· Complete the application form
· Acquire letters of approval from their district City Council representative
This program will follow the examples set by peer cities across the country including Chicago, San Francisco, Seattle, Portland Oregon, and Milwaukee in which a single car parking space is converted into parking spaces for multiple bicycle parking.
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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.
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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