PHDC partners with PIDC to support commercial, industrial and mixed-use development in neighborhoods and commercial corridors in Philadelphia. The Impact Development Fund provides capital for neighborhood-based development in communities often overlooked by traditional lenders.
The Fund has invested in development in Oxford Circle, Brewerytown, Germantown, Cedar Park, Kensington and Port Richmond. Investments include a butcher shop/grocery story, a general contracting and property maintenance company, affordable housing and co-working space and others.