At times PHDC will promote funding opportunities. When we do, we’ll issue a Request for Proposals (RFPs) or Qualifications (RFQs).

Current Funding Opportunities

RFP for Shallow Rent Program

The Philadelphia Housing Development Corporation (“PHDC”) is pleased to issue this Request for Proposals (this “RFP“) to owners and/or property managers (on behalf of owners) (each, a “Respondent“, and collectively, the “Respondents“) of affordable housing properties with income-restricted rental units that were built or substantially renovated with federal, state, or local subsidies (each, a “Property“, and collectively, the “Properties“). PHDC is seeking Respondents who are interested in participating in a program (the “Shallow Rent Program“) designed to provide monthly rent vouchers not to exceed $500 per month (“Shallow Rent Vouchers“) to tenants who are leasing income-restricted rental units in the City of Philadelphia (the “City“) at rent levels that exceed 30% of their gross income. Launched in May 2020, the Shallow Rent Program provides monthly rent vouchers of up to $500 to tenants living in affordable rental units who are paying more than 30% of household income on rent. This amount subsidizes the “shallow” gap between 30% of tenants’ monthly income and their cost of rent. Shallow Rent Vouchers are paid directly to participating affordable housing providers to reduce the monthly rental obligations of approved tenants.

Please download all of the following documents:

RFP Shallow Rent Program
Attachment A Shallow Rent Voucher Tenant Application Spreadsheet
Attachment B_Combined Tax Cert COI Forms
Attachment C_Campaign Disclosure Form
Attachment D-PHDC Insurance Requirements (Information is in the RFP Document)
Attachment E-High Opportunity Areas and Census Tracts (Information is in the RFP Document)

Questions
Respondent questions and PHDC answers pertaining to this RFP can be found here: Shallow Rent Respondent Questions and Answers

Proposal Submission Deadline:
Respondents must submit a proposal (“Response“) no later than July 24, 2025, at 3:00 PM; absolutely no Response will be accepted after this time.

Proposal Submission Process
Responses will be accepted only in either of the following two formats:

Online by clicking the Online Submission button below;

Hard copy submission that includes one original print copy in addition to one digital copy saved as a PDF or within a Microsoft Word document on a USB Flash Drive. Hard copy submissions must be sent through registered mail to:

Miranda Fortenberry, Senior Program Analyst
PHDC
1234 Market Street, 16^th Floor, Philadelphia, PA 19107

File Upload Instructions
Files are restricted to a maximum of 8 MB. If you have documents larger than 8 MB, then separate them into smaller documents to successfully upload them to the system. Allow time for the file to upload.

To view previous closed Funding Opportunities click here.