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 $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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