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community development corporation

Report finds CDCs produce $5.4 billion of economic growth in Philadelphia purpose

Nov. 13, 2020 11:00 am

Report finds CDCs produce $5.4 billion of economic growth in Philadelphia

The Philadelphia Association of Community Development Corporations released a report in October examining the economic impact of local community development corporations.
Chinatown fosters an environment where small businesses can thrive purpose

Oct. 8, 2019 8:00 am

Chinatown fosters an environment where small businesses can thrive

PCDC offers multilingual business workshops and other resources for the majority-immigrant community.
8 social innovators made Philly mag’s ‘Best Philadelphians’ list this year people

Aug. 3, 2016 8:47 am

8 social innovators made Philly mag’s ‘Best Philadelphians’ list this year

A list about a list. Here's who's representing social impact.
How Two Community Development Corporations Play Different Roles in Brewerytown method

Mar. 3, 2015 11:18 am

How Two Community Development Corporations Play Different Roles in Brewerytown

A lot of Philadelphia neighborhoods don’t have a community development corporation (CDC) — or any kind of devoted community organization — to serve their needs. Brewerytown has two. The Fairmount CDC and the Greater Brewerytown CDC both serve the neighborhood. Their work largely intersects along West Girard Avenue, a rapidly developing commercial corridor often considered […]
Program Pairing Businesses with Community Organizations Set to Expand results

Feb. 4, 2015 12:08 pm

Program Pairing Businesses with Community Organizations Set to Expand

At-Large City Councilman Wilson Good, Jr. introduced a bill last December to expand a key tax credit program for Community Development Corporations in Philadelphia. The bill could increase investment in CDCs by $30 million, according to the Department of Revenue. The Community Development Corporation Tax Credit allows businesses to receive up to $85,000 in tax […]
How Night Market Came to Lancaster Avenue people

Aug. 13, 2014 12:01 pm

How Night Market Came to Lancaster Avenue

[metaslider id=30430] The revitalization of Lancaster Avenue in West Philadelphia, which cuts through distressed neighborhoods like Mantua, Saunders Park and Belmont, has taken place gradually. The growth of University City has brought student activity and new construction to the southern end of the avenue. Meanwhile, tireless community development corporations such as the People’s Emergency Center have […]
Germantown United CDC Announces Micro-Grant Program for Community Beautification people

Jun. 19, 2014 11:49 am

Germantown United CDC Announces Micro-Grant Program for Community Beautification

Germantown United Community Development Corporation (GUCDC) announced last week that it will offer micro-grants to individuals and organizations who want to beautify the town’s business corridor as part of a new bi-annual program called “Fund for Germantown – Programs for Progress.” The grants will range from $100 to $1,000, with an overall budget of $8,000 […]
The Enterprise Center Seeking Local Business Owners for Accelerator Program people

May 27, 2014 1:34 pm

The Enterprise Center Seeking Local Business Owners for Accelerator Program

The Enterprise Center, a West Philadelphia-based community development corporation (CDC), is seeking applicants for a year-long accelerator program called ELevate, which offers local business owners peer support, credit repair, expert advice and access to low-cost financing. The program is named for its location inside the Enterprise Center’s headquarters, which sits directly next to the elevated […]
Philadelphia Association of CDCs Releases Annual Magazine, Focuses on Equitable Development people

May 14, 2014 12:58 pm

Philadelphia Association of CDCs Releases Annual Magazine, Focuses on Equitable Development

The Philadelphia Association of Community Development Corporations (PACDC) is a member organization and thought leader for the city’s CDC sector. Part of its role is contributing to the work their members do everyday, including securing funding for community development and teaching communities how to better themselves. PACDC also has a more indirect role of helping […]
Community Lender PUFC Closes, Passes Torch to FINANTA method

Nov. 21, 2013 4:00 pm

Community Lender PUFC Closes, Passes Torch to FINANTA

The Philadelphia Urban Finance Corporation (PUFC) closed its doors in 2012 and transferred its assets to Finanta, a community development financial institution (CDFI) based in North Philadelphia.The $550,000 amount will go towards loans for affordable housing developments in the region. PUFC was in operation for 38 years, and it administered over $50 million in interest-free […]