Category Archives: News
Council Committee Approves Housing Trust Fund Bills
On September 26, 2018, City Council’s Committee on Appropriations unanimously reported out three bills as part of the agreement between Mayor Kenney and Council to commit $70 million over the next five years to the Philadelphia Housing Trust Fund. PACDC applauds the Kenney Administration and City Council for this critical boost in investment in affordable […]
VICTORY! $70 million for affordable homes in Philadelphia
Today, City Council and the Kenney Administration announced an agreement to allocate $70 million in General Fund revenue for affordable housing over the next five years, beginning in the current Fiscal Year 2019. An ordinance to authorize the $21 million for the first year of funding was introduced at Council’s Stated Meeting today, September […]
Victory! City Council passes bill to guarantee $500,000 for CDC economic development
City Council unanimously approved Bill No. 180621 on Thursday, June 21st that will ensure that $500,000 more per year is made available for the economic development work of CDCs. Read PACDC’s letter to City Council urging them to approve the bill. Originally, the bill created 10 new CDC Tax Credit slots, but was amended on […]
Victory! City Council Passes Affordable Housing Bills
At its final session before summer recess, City Council approved a package of three bills PACDC advocated for that could generate more than $20 million per year for the Philadelphia Housing Trust Fund, and create more mixed income communities. Bill No. 180351 would create a 1% Construction Impact Tax, was approved by a narrow 9-8 […]
Housing Trust Fund Bills Clear Key Council Committee!
We’re one big step closer to a victory in our campaign to create Affordable Homes for a Growing Philly! On June 6th 2018, by a vote of 6 – 3, City Council’s Committee on Finance passed two bills that could lead to tens of millions more each year for the Philadelphia Housing Trust Fund! Bill […]
CDC Tax Credit Expansion Bill Clears Council Finance Committee
A bill to expand the CDC Tax Credit Program by another 10 slots unanimously passed City Council’s Finance Committee on Tuesday, May 22, 2018. Sponsored by Councilman Bobby Henon, the bill would strengthen the organizational capacity of CDCs to engage in neighborhood economic development work by providing $100,000 per year for 10-years for qualifying CDCs. […]
City Council Hearing on Construction Impact Tax 6/6/18 at 10 am!
City Council’s Committee on Finance will hold a public hearing on Wednesday, June 6 2018 beginning at 10 a.m. on Bill No. 180351 that creates a 1% Construction Impact Tax, and Bill No. 180347, which defines how those funds will be allocated and spent in a new sub-fund of the Philadelphia Housing Trust Fund. Come […]
PACDC Testifies on FY19/Year 44 Consolidated Plan
Testimony of Beth McConnell Policy Director, Philadelphia Association of Community Development Corporations Before the Division of Housing and Community Development and the Department of Commerce City of Philadelphia On the Year 44/FY19 Preliminary Consolidated Play April 25, 2019 Good afternoon and thank you for the opportunity to testify. My name is Beth McConnell, and I’m […]
PACDC Celebrates Excellence in Community Development at Annual Gala
On Thursday, April 19th, PACDC hosted a crowd of over 275 people to celebrate excellence in community development! See photos from our Annual Gala and Awards Ceremony here. Taken from ad featured in Philadelphia Inquirer on Friday, April 20th
PACDC Releases 2018 Edition of Magazine — Art, Equity + Place
PACDC’s 2018 Magazine explores how residents, community development practitioners, and artists are using creativity to help address complex neighborhood issues. It also provides insight for this work in the Guidebook for Arts and Community Development and highlights this year’s award winners and finalists. Check It Out!