Entries by PIDCphila

FIRST STEP STAFFING EXPANDING INTO PHILADELPHIA

PIDC is proud to be one of the investors in First Step Staffing’s expansion into Philadelphia. In January, First Step, an Atlanta-based social enterprise, announced its expansion. Founded in 2007, First Step works to secure sustainable income for individuals transitioning out of homelessness, including veterans, re-entering citizens, and others with significant barriers to employment. In […]

PIDC ANNOUNCES A $60 MILLION ALLOCATION IN U.S. TREASURY NEW MARKETS TAX CREDITS

PIDC announced its CDFI subsidiary, PIDC Community Capital, was awarded $60 million in New Markets Tax Credit (NMTC) allocation from the U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund. PIDC Community Capital was one of 73 organizations nationally selected to receive an allocation in this current round. Today, the CDFI Fund announced a total […]