PACDC’s activities have culminated in $180 million to date in new resources for affordable housing and neighborhood economic development.
NKCDC Showcases Benefits of Neighborhood Revitalization at Philadelpha Flower Show
Through a partnership with the city’s Office of Housing and Community Development (OHCD), NKCDC showcased “From Blight to Blossom” at this year’s flower show, which took place the week of March 6th. Representing neighborhood revitalization, sustainability, and community partnerships, the exhibit recreated the transformation of a vacant lot in Kensington through simple gardening techniques undertaken by neighborhood youth. The exhibit, which featured hand-painted flower pots and a stepping stone path, was paid for by the Flower Show as part of it’s Backyard Challenge Entry Program. Children from Pop’s Playground worked with NKCDC to paint the stepping-stones, and students from H.A. Brown Elementary School’s OIC after-school program decorated the flower pots with colorful hand-prints.
According to Paul Chrystie, Director of Communications at OHCD, this exhibit was created to tell the story of how simple greening techniques can be used in inner-city neighborhoods, and to inspire others. “The benefits of greening aren’t just aesthetic and environmental, they’re also economic,” Chrystie explains. According to a 2005 study conducted by Wharton Professor Susan Wachter, the greening of vacant land in NKCDC’s service area has resulted in a 30% increase in value of adjacent lots.
NKCDC and OHCD have a long and successful partnership, including the support of NKCDC’s Vacant Land Management program through the Pennsylvania Horticultural Society (PHS)’s Philadelphia Green Program. Together with PHS, who each year organizes and hosts the Flower Show, NKCDC has transformed hundreds of vacant lots into green space since the program’s inception in 1995.
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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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