October 8, 2012
by PIDCphila
0 comments

PENNSYLVANIA HORTICULTURAL AND MUSEUM COMMISSION ANNOUNCES GENERAL OPERATING SUPPORT GRANTS

Restricted General Operating Support for Qualifying Museums with Annual Operating Budgets over $500,000 The Pennsylvania Historical and Museum Commission is pleased to announce that it will be awarding just over $1 million in general operating support to qualifying museums.

July 11, 2012
by PIDCphila
0 comments

PIDC 2012 MID-YEAR REVIEW

Philadelphia’s economic strength lies in the diversity and innovation of its people, its institutions, and its business community.  That’s why PIDC works with businesses, non-profits, and developers in all market sectors and neighborhoods to provide financing and real estate resources … Continue reading

May 20, 2012
by PIDCphila
0 comments

PIDC THANKS OUR 2011 CLIENTS AND RELEASES ANNUAL REVIEW

PIDC is thrilled to share its 2011 Annual Review, which highlights many of the exciting client projects that PIDC supported throughout the year. This was a special project that took a lot of dedication, care, and team work – like … Continue reading

May 20, 2012
by PIDCphila
0 comments

PIDC IS CERTIFIED AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI)

PIDC is happy to announce that, as of April, PIDC-Regional Development Corporation (PIDC-RDC) was certified as a community development financial institution (CDFI) by the U.S. Treasury’s Community Development Financial Institutions Fund (the CDFI Fund).  PIDC-RDC is a non-profit subsidiary created … Continue reading

May 20, 2012
by PIDCphila
0 comments

PIDC AWARDED $50 MILLION IN NEW MARKETS TAX CREDITS

Mayor Michael A. Nutter and PIDC president John Grady recently announced that PIDC received $50 million in New Market Tax Credits (NMTC) through the U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund. These federal tax credits are utilized to … Continue reading