Opportunity Finance Network (OFN) and Goldman Sachs 10,000 Small Businesses recently announced that PIDC Community Capital, PIDC’s CDFI subsidiary, was selected as one of 24 mission-driven small business lenders to participate in the Small Business Finance Collaborative.
From October 15th-18th thousands of community development financial institution (CDFI) staff, funders, policymakers and investors will be in Philadelphia to network, learn from each other and explore the great city of Philadelphia.
On August 21, 2013, Drexel University, PIDC and US Bank closed on $10.25 million of New Markets Tax Credit (NMTC) financing to develop the Dana and David Dornsife Center for Neighborhood Partnerships located at 3509 Spring Garden Street in the … Continue reading →
On June 20, 2013, St. Christopher’s Hospital for Children, PIDC and Bank of America Community Development Corporation closed on $15 million of New Markets Tax Credit financing to develop the Center for the Urban Child (the “Center”) in the Feltonville/Juniata … Continue reading →
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 →