INVESTING IN A PHILADELPHIA NEIGHBORHOOD?
The City of Philadelphia and its economic development partners have a number of resources to help at every stage and in every neighborhood of our city. In an effort to make this a more streamlined process, we recently hosted our first resource information session to connect developers and business owners with the necessary tools to complete a successful project. The room was packed with representatives from Community Development Corporations (CDCs), Business Associations and business owners from across the city. The panel included Development Services, PIDC, Philadelphia Redevelopment Authority, Philadelphia City Planning Commission, Philadelphia Department of Commerce, Philadelphia Land Bank, and Division of Housing and Community Development. Each department and organization explained the resources they were able to provide and engaged the audience on what ways they could work together to invest in Philadelphia’s neighborhoods.
We plan to bring you more opportunities like this and will keep you updated as they are planned. In the meantime,we’ve created a quick guide designed to point you in the right direction to get started with your project. We look forward to working with you on a future project!
If your project is in need of financing, PIDC now has available the Neighborhood Development Loan which provides affordable financing to fill funding gaps for developers of mixed-use, commercial and industrial projects located throughout Philadelphia’s neighborhoods. Contact Anne Nevins at 215.496.8151 or firstname.lastname@example.org to determine eligibility.