February 24, 2015
by PIDCphila
0 comments

PIDC CHOSEN TO PARTICIPATE IN SMALL BUSINESS FINANCE COLLABORATIVE

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.

August 13, 2014
by PIDCphila
0 comments

INTERNS: OUR FUTURE LEADERS

PIDC had the pleasure of working with a great group of interns this summer. Each was professional, insightful, and eager to contribute to PIDC’s mission.

October 4, 2013
by PIDCphila
0 comments

OPPORTUNITY FINANCE NETWORK ANNUAL CONFERENCE COMES TO PHILADELPHIA

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.

September 12, 2013
by PIDCphila
0 comments

DREXEL UNIVERSITY, PIDC AND US BANK CLOSE ON NEW MARKETS TAX CREDIT FINANCING FOR DANA AND DAVID DORNSIFE CENTER

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

July 11, 2013
by PIDCphila
0 comments

PIDC INVESTS IN THE CENTER FOR THE URBAN CHILD

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

February 7, 2013
by PIDCphila
0 comments

PIDC 2012 YEAR-END REVIEW

Philadelphia’s economic strength lies in the diversity and innovation of its people, its institutions, and its business community. 

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