Accomplishments

PACDC’s achievements include:

  • Housing Trust Fund ($220+ million) – 50,000+ households assisted, including 3,000 prevented from being homeless and 22,000+ emergency heater repairs.
  • Philadelphia CDC Tax Credit Program ($40+ million) – 10-year support to 40 non-profits to support neighborhood economic development.
  • Philadelphia Land Bank – created to safeguard equitable re-use of vacant land.
  • Philadelphia Community Development Leadership Institute – professional development and network strengthening.
  • Economic Impact of CDCs – $5.4 billion to Philadelphia and $9 billion to Pennsylvania over 28 years.