
Here you will find information on PHDC activities, and events.
If you are a member of the media and have questions, please email jamila.davis@phila.gov
Press Releases
2025
Advisory: PHDC Housing Fair
PHDC Hosts Philly’s Largest Housing Fair; Providing Resources, Programs and Services for Homeowners and Renters
For Planning Purposes:
September 27, 2025
WHAT: PHDC’s Annual Housing Fair, presented by Temple University, NBC10, Wells Fargo and City of Philadelphia is ALL THINGS HOUSING!
The fair has over 90 exhibitors providing resources for current homeowners, first-time homebuyers, renters, landlords and others who are interested in learning more about homeownership, home maintenance, development opportunities, and other resources. This year attendees can meet mortgage lenders, City-funded housing counselors, realtors, insurance agents, contractors, homebuilders, representatives from various City of Philadelphia departments, legal services organizations, and other professionals in the housing industry.
Attendees can also experience interactive and family-fun activities including:
- Chair Massage by Sponsored by Independence Blue Cross
- Make Flower Crowns
- Enjoy a Magician & Hula Hoop Performer
- Watch the dynamic Philly Girls Jump – Jump Rope
- Face Painting
- Play in the KID ZONE that includes a LEGO Building Station
- Meet and Greet Philadelphia Union’s – Phang Mascot
- Check out the 76ers – Drumline
- Games and Great Prizes
- And much more!
Homeowners and renters who need repairs to their homes can get help on the spot from PHDC to start the application process for two popular repair programs-Basic Systems Repair Program (BSRP) and the Adaptive Modifications Program (AMP). PHDC will feature information about the City of Philadelphia’s Turn the Key initiative. The goals of the initiative are to increase affordable homeownership opportunities, support first-time homebuyers in building equity and help families secure their financial future through homeownership.
WHO: PHDC is hosting the PHDC Annual Housing Fair.
WHEN: This event is Saturday, September 27, 2025 from 10:00 a.m. to 3:00 p.m.
AT NOON SELECTED OFFICIALS MAY GIVE REMARKS AND TAKE A TOUR.
Invited Officials:
- Mayor Cherelle L. Parker
- City Council President Kenyatta Johnson, 2nd District
- Councilmember Jeffery Young, 5th District
- Pennsylvania State Senator Sharif Street, PA Senate District 3
- State Representative Keith Harris, House District 195
- David Thomas, President and CEO of PHDC
- Angel Rodriguez, Executive Director of the Philadelphia Land Bank
- And other City leaders
WHERE: Temple University Aramark Student Training and Recreation (STAR) Complex, 1816 N 15th Street, Philadelphia, PA 19121
Details: Event sponsors include Temple University, NBC10, Wells Fargo, City of Philadelphia, Independence Blue Cross, Philadelphia Land Bank, Fulton Bank and WSFS Cares Foundation.
The event is open to the public and press. Please add to all community bulletins, public service announcements and any community related/free advertising opportunities. Registration is not required but strongly encouraged. To see video from last year, learn more information or to register, please visit: https://phdcphila.org/housingfair/
Temple University is a center of excellence in teaching and research, with an international presence and a commitment to the community. Our talented faculty lead more than 600 academic programs across 17 schools and colleges, and on campuses and partnerships that span the globe, from Rome to Japan. While retaining our attention to the great city of Philadelphia that is our home, Temple draws students from the region, the Commonwealth of Pennsylvania, the United States and around the world. Today, more than 30,000 dynamic and diverse students call Temple their educational home. Temple is among the nation’s largest educators in the combined fields of dentistry, law, medicine, pharmacy, and podiatry. The university’s extraordinary faculty offer world-class teaching and experiences, while our researchers are engaged in solving the most difficult issues that we face today, from eliminating HIV/AIDS to helping communities deal with the impact of climate change. More than 130 years after its creation, Temple continues to carry forward the vision of its founder, Russell Conwell, who made his university the embodiment of its motto, “Perseverance Conquers.”
About NBC10 Philadelphia / WCAU
Owned by NBCUniversal, NBC10 Philadelphia has been delivering local news, information and weather for more than 60 years, serving nearly six million viewers throughout Greater Philadelphia, the Lehigh Valley, South Jersey and Delaware. Viewers turn to NBC10 for the most up-to-date breaking news and weather on a variety of platforms, including online at nbc10.com and via mobile and social platforms. NBC10 produces more than 36 hours of local news programming per week. For more information, visit NBC10.com.
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.0 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.
Independence Blue Cross (IBX) is the leading health insurance company in southeastern Pennsylvania. With our affiliates, we serve millions of people nationwide. For more than 85 years, we’ve had an unwavering commitment to our mission to enhance the health and well-being of the people and communities we serve. Together with our affiliates and subsidiaries, we offer a wide range of market-leading health plans and specialty services for national businesses, large employer groups, and small businesses; portable benefits for when you travel or live abroad; Medicare supplemental and Medicare Advantage products; Medicaid; and specialty services such as vision and dental coverage and third-party benefits administration.
Headquartered in Lancaster, Pa., Fulton Bank is a premier community bank in the Mid-Atlantic region. As a subsidiary of Fulton Financial Corporation (Nasdaq: FULT), a more than $32 billion financial services holding company, Fulton Bank offers a broad array of products and services at more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia. At Fulton Bank, we seek to change lives for the better by building strong customer relationships, providing significant community support and empowering more than 3,300 employees to do the same. Through the Fulton Forward® initiative, we’re helping build vibrant communities. Learn more at www.FultonBank.com.
About WSFS FINANCIAL CORPORATION & WSFS CARES FOUNDATION
WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. The WSFS CARES Foundation brings WSFS’ mission of We Stand for Service® to life across the communities we serve. The mission of the WSFS CARES Foundation is to support qualified nonprofit service organizations within our regional footprint that are invested in improving communities, fostering a spirit of inclusion and diversity, and whose focus aligns with the WSFS CARES Foundation’s transformational vision.
ABOUT PHDC & Philadelphia Land Bank
PHDC is the City of Philadelphia’s full-service community development organization. For over 50 years, PHDC creates and provides services and programs that makes Philadelphia a great place to live. PHDC helps residents, community groups, businesses and developers repurpose vacant land. PHDC also facilities the repair of homes and finances affordable housing projects. Supported by dedicated staff, PHDC works in every neighborhood in Philadelphia. The Philadelphia Land Bank and the Philadelphia Redevelopment Authority is staffed by PHDC, and PHDC works closely with the City’s Department of Planning and Development.
The Philadelphia Land Bank (PLB) is dedicated to turning vacant and underused properties into opportunities for residents, businesses, and communities. By making land more accessible, PLB helps stabilize communities and build stronger neighborhoods for a more vibrant city. Whether a resident is looking to build housing, purchase a lot for a community garden, expand a business, or invest in the future of Philadelphia, PLB is here to guide residents through the process.
PHOTOGRAPHY AND VIDEOGRAPHY CROWD RELEASE NOTICE: By entering the Temple STAR Aramark Complex for the PHDC Annual Housing Fair, you are granting the Philadelphia Housing Development Corporation (PHDC), the Philadelphia Redevelopment Authority (PRA), the Philadelphia Land Bank (PLB), the City of Philadelphia’s Department of Planning and Development, and their partners permission to photograph, film, or otherwise record your image and likeness, without compensation. You further consent to the use of these photographs, videos, or recordings by PHDC, PRA, PLB, the Department of Planning and Development, and their partners for future purposes including, but not limited to, advertising, promotional materials, publications, broadcasts, websites, and social media platforms. By attending, you release PHDC, PRA, PLB, the Department of Planning and Development, and their partners from any liability in connection with the use, publication, or distribution of such media. Thank you for your cooperation!
PHDC, UPenn, Release PHLHOUSING+ Findings
Study highlights reduction in eviction, homelessness, housing quality concerns
August 21, 2025-
PHILADELPHIA –Today, PHDC and the City of Philadelphia, in partnership with the University of Pennsylvania (UPenn) and the Philadelphia Housing Authority (PHA), announced the findings of the PHLHousing+ pilot program.
This invitation-only program first launched in 2022 with a random selection of 300 households from the PHA Housing Choice Voucher and public housing waitlists. PHLHousing+ provided participants with direct cash payments by loading the funds onto a program-specific debit card each month.
“Housing is a priority not only for my administration, but for every resident in Philadelphia,” said Mayor Cherelle L. Parker. “That is why the H.O.M.E. Initiative is critical to providing a range of solutions to address the needs of all residents. The PHLHousing+ pilot program gives participants the boost they need to pay for housing that is suitable for them and their families.”
UPenn’s key findings about the pilot administered by PHDC for 2.5 years include:
- 100% of households that were offered cash assistance were able to use it.
- Participants who received cash assistance reported a 63-75% reduction in forced moves after the first 12 months relative to households that received no assistance.
- Participants who received cash assistance reported an improvement in housing quality, with households reporting a 22% reduction in serious housing quality concerns two years into the program, relative to those who received no assistance.
“Funding provided through PHLHousing+ gave families more financial freedom to successfully address their housing needs,” said David Thomas, President and CEO of PHDC. “We look forward to working in collaboration with public and private partners to pilot other innovative approaches to the housing crisis under Mayor Parker’s H.O.M.E. Initiative.”
“Our research findings show the positive impact of PHLHousing+ on people’s access to much needed rental assistance, and their housing outcomes,” said Dr. Vincent Reina, Professor of Urban Economics and Planning at Penn. “The lessons we are learning from PHLHousing+ hold great promise for expanding ways to address people’s housing needs across the country, and we are excited to continue studying the impact of this program.”
PHLHousing+ is designed to provide families with unconditional and unrestricted use of their designated funds, which allows these families to tailor how they apply their stipend to meeting their family’s personal needs at the time. The amount that each family received was calculated to close the gap between the housing costs they can afford and their actual housing costs. Under this model, participants were able to not only address their housing concerns, but their overall financial concerns.
“[PHLHousing+] really helped us. It helped dig us out of a hole,” said a participant. “We were very close to homelessness again…[Now] we are able to buy food when needed. I was able to send my daughter to camp. We could pay our rent.”
The continuation of PHLHousing+ is one of 26 programs and activities outlined in Mayor Cherelle L. Parker’s H.O.M.E. Initiative to create and preserve 30,000 housing units for renters and homeowners in Philadelphia. These programs are working together to provide opportunities for Philadelphians to have safe, affordable housing. The collaboration of numerous groups across the city makes it happen.
PHLHousing+ will continue providing payments to participating households until June 2026. The cost to the City is included in the FY2026 budget. Additional findings from this pilot program will be released through the next year, including findings about residential mobility, financial well-being, physical and mental health and child education.
To learn more about the findings, please visit https://www.housinginitiative.org/phlhousing-housing-outcomes-at-two-years.html
Advisory: City, Philadelphia Land Bank, PHDC and Partners Celebrate Groundbreaking For New Turn The Key Homes in the Highly Requested West Poplar Neighborhood
WHAT: The innovative public-private Turn the Key (TTK) affordable luxury homebuilding initiative continues to make an impact on the city’s housing stock, creating more affordable housing options for first-time homebuyers. This project in Philadelphia’s West Poplar neighborhood is highly anticipated, with several residents ready to apply.
TTK is one of several programs supported by the Parker Administration, and part of the Mayor’s Housing Opportunities Made Easy (H.O.M.E.) Initiative. TTK is putting income-qualified first-time homebuyers into beautiful NEWLY constructed homes by lowering the cost of homeownership dramatically. The Philadelphia Land Bank’s two-pronged strategy is to contribute publicly owned land from its inventory as sites for the new construction to decrease building costs and then provide up to $85,000 to buyers as a mortgage buydown and downpayment or settlement assistance.
WHO: Invited Speakers
- Mayor Cherelle L. Parker
- City Councilmember Jeffery Young Jr. (5th District)
- State Representative Malcolm Kenyatta (181st District)
- Max Frankel and Zachary Frankel, Frankel Enterprises
- Seth Mackler, Executive Vice President of Real Estate, Firstrust Bank Representative
- Angel Rodriguez, Executive Director Philadelphia Land Bank
- David Thomas, President and CEO of PHDC
WHEN: Friday, July 18, 2025 at 10:30 a.m.
WHERE: 662 N. 10th St., Philadelphia, PA 19123
NOTES TO THE MEDIA:
- TTK Average Monthly Payment For 3-Bedroom Home: $1,353 (average cost of rent in Philly for a 2-bedroom apartment is $1800)
- TTK Homebuyer Average Annual Income: $45,000
- Average TTK Homebuyer is at 57% of Area Median Income (AMI)
- Average Hours of Free Housing Counseling provided to set TTK Homebuyers up for success: 8
- Average Sales Price of Home in Philly: Over $300,000
- Average TTK Home Price BEFORE grants and buydowns: $280,000
- Average TTK FINAL Home Price AFTER grants and buydowns: $183,499
Income and eligibility requirements for homebuyers, program details and definitions, and the TTK application can be found on the Turn The Key webpage.
Event is open to the press and public.
City of Philadelphia and Community Ventures Cut The Ribbon On Mixed-Use Development With 34 New Supportive Housing Units
Tuesday, June 24, 2025, 12:00 p.m.
Contact: Jamila Davis, PIO for the City’s Department of Planning and Community Development, jamila.davis@phila.gov, Troy Hannigan, Director of Development, thannigan@community-ventures.org
WHAT: The City of Philadelphia and Community Ventures celebrate the ribbon cutting of Old First House. This affordable housing mixed-use development includes 34 permanent supportive housing units for the chronically homeless individuals, ground floor commercial space and new office space for Old First Reformed UCC.
Old First House redeveloped an underutilized portion of Old First Reformed UCC’s property along the 100 block of N. 4th Street. The Old First House building includes 2,450 square feet of ground floor commercial space at the corner of 4th & Race and new ground floor offices and multipurpose room for the Church. The second through fifth floors include 34 small efficiency units ranging in size from 277 SF to 353 SF and a residential community room. To accommodate the new building, the project moved a circa 1760 three-story building approximately 48’ to the south on the project site, which has been fully renovated and restored. The 1760s building has been used by Old First Reformed UCC since the 1970s as their parsonage and later their church office space. The relocated and renovated building restores the historic commercial façade and will remain the entry for the Church offices.
WHO:
Invited Speakers
- Mayor Cherelle L. Parker
- City Councilmember Mark Squilla, First Council District
- David La Fontaine, Executive Director, Community Ventures
- Jada Greenhowe, Chief Counsel , Pennsylvania Housing Finance Agency
- Jessie Lawrence, Director, Department of Planning and Development for the City of Philadelphia
- Kelvin Jeremiah, CEO, Philadelphia Housing Authority
- Fred Banuelos, Community Investment Business Development Manager, Federal Home Loan Bank of Pittsburgh
- Rev. Michael Caine, Old First Reformed UCC
- Robin Knox, Senior Director of Development, Depaul USA
- Old First House Resident
WHEN: Tuesday, June 24, 2025, 12:00 p.m.
WHERE: Ribbon Cutting Ceremony: 322 Race Street, Philadelphia, PA 19106
DETAILS:
The project has received funding commitments from the City of Philadelphia’s Division of Housing and Community Development (DHCD), Low Income Housing Tax Credits and additional funding from the Pennsylvania Housing Finance Agency, Federal Home Loan Bank of Pittsburgh and operating subsidy from the Philadelphia Housing Authority (PHA). Old First House also was made possible by a construction loan from TD Bank, equity investment from the National Equity Fund, and a permanent loan from Community Lenders.
ABOUT COMMUNITY VENTURES
Community Ventures is a non-profit affordable housing developer, founded in 1987 to work in partnership with neighborhood-based organizations with the goal of improving communities and increasing the supply of affordable housing. Community Ventures has developed 511 units of affordable housing including rental, homeownership, and permanent supportive housing throughout Philadelphia and currently manages over 314 units of affordable housing. Community Ventures is the developer and property manager for Old First House. www.community-ventures.org
ABOUT OLD FIRST REFORMED UCC
An historical church, founded in 1727, Old First is Philadelphia’s fourth oldest congregation and one of the “mother-churches” of the United Church of Christ. It is also a lively, progressive congregation with a variety of ministries to our current day and time. For 36 years, among its ministries to homeless and economically disadvantaged neighbors, it has hosted a Winter Men’s Homeless Shelter. The church is excited by the next step forward, replacing the Shelter with permanent, supportive housing and welcoming new neighbors to Old City. www.oldfirstucc.org
ABOUT DEPAUL USA
Depaul USA is a national homeless services organization operating in 12 cities across the country and is part of the global Depaul International Group. We operate more than 25 programs, including permanent and transitional housing, affordable housing, day resource centers, health clinics, and other vital support services. We aim to end homelessness and change the lives of those affected by it. Our mission is to help individuals permanently exit homelessness by providing the tools, resources, and support they need to build stable, fulfilling lives. At Old First House, Depaul USA proudly serves as both the on-site property manager and supportive services provider. Learn more at www.depaulusa.org
ABOUT DIVISION OF HOUSING AND COMMUNITY DEVELOPMENT (DHCD)
The Division of Housing and Community Development (DHCD) is the City of Philadelphia’s housing policy agency. DHCD is responsible for the funding and support of housing and community development programs that benefit low- and moderate-income residents and revitalize the City’s neighborhoods. This is accomplished through effective and innovative policy development and implementation.
DHCD administers the City’s housing budget, which is funded from a variety of public and private sources, including the U.S. Department of Housing and Urban Development, the Commonwealth of Pennsylvania and the City of Philadelphia. The Community Development Block Grant (CDBG) is the primary source of revenue from the U. S. Department of Housing and Urban Development and is used to fund and support housing and community development activities. Each fiscal year DHCD prepares the Consolidated Plan, which delineates how the grant and other funds will be used.
ABOUT PHDC
PHDC is the City of Philadelphia’s full-service community development organization. For over 60 years, PHDC creates and provides services and programs that makes Philadelphia a great place to live. PHDC helps residents, community groups, businesses and contractors. PHDC also facilities the repair of homes and finances affordable housing projects. Supported by dedicated staff, PHDC work in every neighborhood in Philadelphia. The Philadelphia Land Bank and the Philadelphia Redevelopment Authority is staffed by PHDC, and PHDC works closely with the City’s Department of Planning and Development. Visit https://phdcphila.org/ to learn more.
Advisory: City, PHDC, Community Partners and Officials Celebrate 600 Homes Repaired by the Restore Repair Renew Program
WHAT: Join the City, PHDC, Community Partners and Officials as we celebrate 600 homes being repaired by the Restore, Repair, Renew (RRR) program. RRR helps Philadelphia homeowners access low-interest loans to invest in their properties. Lenders participating in the program offer 10-year, 3% fixed Annual Percentage Rate loans that range from $2,500 to $50,000 to eligible homeowners. The loans can fund a range of home repairs that focus on health, safety, weatherization, accessibility, and quality of life. This program helps Philadelphians improve their homes and strengthen their communities.
RRR is a critical part of the Mayor’s H.O.M.E Initiative.
WHO: Invited Guests:
- David Thomas, President and CEO of PHDC-MC
- Mayor Cherelle L. Parker
- Jill Roberts, Vice President of Advocacy, Clarifi
- Cykhira Walton, Senior Advisor, Councilman Anthony A. Phillips, District 9
- Renee Blake, RRR Homeowner
- Michael C. Laing, Senior Vice President, Area Manager-South Region, Univest Bank and Trust Co.
- Zaim Tahiraj, Owner/Operator, Zeta Construction, RRR Contractor
- Fulton Bank Representative
WHEN: Friday, May 16, 2025, 11 a.m.
WHERE: 6222 North Hancock Street, Philadelphia, PA 19120
DETAILS:
Restore Repair Renew was proposed by City Council (specifically former Councilmember Cherelle Parker) and created by PHDC. RRR first launched in March 2019. The program has helped over 600 individuals and families with their home improvement needs.
Program Highlights:
- Average loan size: $30,480
- Total invested to date: $17.47 million
- Average household income level: 72% AMI
- Average borrower annual income: $56,525 per year
- Average monthly RRR payment: $278
Program Benefits:
- No hit on your credit for intake
- Low average monthly payments
- Ability to customize your loan and monthly payment amount
- Financial counseling is built into the program
- Loans range from $2,500 to $50,000 to eligible homeowners
For eligibility information and additional details, visit: https://phdcphila.org/rrr/
Free water ice will be available for the celebration.
Press Conference is open to the press
Advisory: 63 More Affordable Homes for Middle Income Residents! The City, Philadelphia Land Bank, PHDC and Partners Increase First-time Homeownership with Turn the Key!
WHAT: The innovative public-private Turn The Key (TTK) affordable luxury homebuilding initiative continues to make an impact on the city’s housing stock, creating more affordable housing options for first-time homebuyers. This project in the fifth city councilmanic district includes 63 current and future homes on the following streets:
- N Franklin Street
- N 7th Street
- N 8th Street
- N 9th Street
- N 10th Street
- N Marshall Street
- N Percy Street
- W Susquehanna Avenue
- French Street
- Edgley Street
TTK is one of several programs supported by the Parker Administration as we progress towards the Mayor’s Housing Opportunities Made Easy (H.O.M.E.) Initiative. TTK is funded by City Council’s Neighborhood Preservation Initiative (NPI). TTK is putting income-qualified first-time homebuyers into beautiful NEWLY constructed homes by lowering the cost of homeownership dramatically. The Philadelphia Land Bank’s two-pronged strategy is to contribute publicly owned land from its inventory as sites for the new construction to decrease building costs and then provides up to $85,000 to buyers as a mortgage buydown and downpayment or settlement assistance.
WHO: Invited Speakers
- Mayor Cherelle L. Parker
- Brennan Tomasetti, Owner, Civetta Property Group
- Councilmember Jeffery Young, Jr. 5th District
- Joe Hallinan, Vice President, Regional Manager-PA Market, WSFS
- David Thomas, President and CEO of PHDC
- Rashad McGhee, President, Prime Electrical Contractors, Inc.
- Angel Rodriguez, Executive Director of the Philadelphia Land Bank
WHEN: Friday, May 9, 2025, 11:30 a.m.
WHERE: Ribbon Cutting Ceremony: 2215 North Franklin Street Philadelphia, PA 19133 (If raining, ceremonial pictures will take place in 2215 N. Franklin or inside tent)
NOTES TO THE MEDIA: All of the homes were constructed with additional installation to improve energy efficiency, feature mansard roofs, and are three bedrooms, two bathrooms.
Turn the Key Stats:
- TTK Average Monthly Payment For 3-Bedroom Home: $1,353 (average cost of rent in Philly for a 2-bedroom apartment is $1800)
- TTK Homebuyer Average Annual Income: $45,000
- Average TTK Homebuyer is at 57% of Area Median Income (AMI)
- Average Hours of Free Housing Counseling provided to set TTK Homebuyers up for success: 8
- Average Sales Price of Home in Philly: Over $300,000
- Average TTK Home Price BEFORE grants and buydowns: $280,000
- Average TTK FINAL Home Price AFTER grants and buydowns: $183,499
TTK Homes are on sale now! Income and eligibility requirements for homebuyers, program details and definitions, and the TTK application can be found on the Turn the Key webpage.
Ribbon Cutting is open to the press.
Advisory: City, Philadelphia Land Bank, PHDC and Partners Host Turn The Key Open House for First-time Homebuyers.
For April 26, 10am-2pm
WHAT: The innovative public-private Turn The Key (TTK) affordable luxury homebuilding initiative is hosting an Open House THIS SATURDAY for interested first-time homebuyers.Event attendees can meet TTK homebuilders and participating financial lenders that can help persons purchase their first home. To register, please visit: https://www.eventbrite.com/e/turn-the-key-open-house-tickets-1280830832499?aff=oddtdtcreator
WHO: Invited Speakers
- City Council President, Kenyatta Johnson, 2nd District
- Angel Rodriguez, Executive Director Philadelphia Land Bank
- Two (2) Turn The Key Homebuyers
WHEN: Saturday, April 26th, Welcome and brief remarks will begin around 12:00 p.m.
WHERE: Vare Recreation Center, 2600 Moore Street, Philadelphia, PA 19145
NOTES TO THE MEDIA:
Turn The Key Stats:
- TTK Average Monthly Payment For 3-Bedroom Home: $1,353 (average cost of rent in Philly for a 2-bedroom apartment is $1800)
- TTK Homebuyer Average Annual Income: $45,000
- Average TTK Homebuyer Credit Score: 600
- Average TTK Homebuyer is at 57% of Area Median Income (AMI)
- Average Hours of Free Housing Counseling provided to Set TTK Homebuyers up for success: 8
- Average Sales Price of Home in Philly: Over $300,000
- Average TTK Home Price BEFORE grants and buydowns: $280,000
- Average TTK FINAL Home Price AFTER grants and buydowns: $183,499
Income and eligibility requirements for homebuyers, program details and definitions, and the TTK application can be found on the Turn The Key webpage.
Event is open to the press and public.
Advisory: 63 More Affordable Homes For Middle Income Residents! The City, Philadelphia Land Bank, PHDC and Partners Increase First-time Homeownership with Turn the Key!
FOR PLANNING PURPOSES: Friday, May 9, 2025, 11:30 a.m.
CONTACT: jamila.davis@phila.gov, 215-686-9727
WHAT: The innovative public-private Turn The Key (TTK) affordable luxury homebuilding initiative continues to make an impact on the city’s housing stock, creating more affordable housing options for first-time homebuyers. This project in the fifth city councilmanic district includes 63 current and future homes on the following streets:
- N Franklin Street
- N 7th Street
- N 8th Street
- N 9th Street
- N 10th Street
- N Marshall Street
- N Percy Street
- W Susquehanna Avenue
- French Street
- Edgley Street
TTK is one of several programs supported by the Parker Administration as we progress towards the Mayor’s Housing Opportunities Made Easy (H.O.M.E.) Initiative. TTK is funded by City Council’s Neighborhood Preservation Initiative (NPI). TTK is putting income-qualified first-time homebuyers into beautiful NEWLY constructed homes by lowering the cost of homeownership dramatically. The Philadelphia Land Bank’s two-pronged strategy is to contribute publicly owned land from its inventory as sites for the new construction to decrease building costs, and then provides up to $85,000 to buyers as a mortgage buydown and downpayment or settlement assistance.
WHO:
Invited Speakers
Mayor Cherelle L. Parker
Brennan Tomasetti, Owner, Civetta Property Group
Councilmember Jeffery Young, Jr. 5th District
Joe Hallinan, Vice President, Regional Manager-PA Market, WSFS
David Thomas, President and CEO of PHDC
Rashad McGhee, President, Prime Electrical Contractors, Inc.
Angel Rodriguez, Executive Director of the Philadelphia Land Bank
WHEN: Friday, April 11, 2025, 11:00 a.m.
WHERE: Ribbon Cutting Ceremony: 2215 North Franklin Street Philadelphia, PA 19133
NOTES TO THE MEDIA: All of the homes were constructed with additional installation to improve energy efficiency, feature mansard roofs, and are three bedrooms, two bathrooms.
Turn the Key Stats:
- TTK Average Monthly Payment For 3-Bedroom Home: $1,353 (average cost of rent in Philly for a 2-bedroom apartment is $1800)
- TTK Homebuyer Average Annual Income: $45,000
- Average TTK Homebuyer is at 57% of Area Median Income (AMI)
- Average Hours of Free Housing Counseling provided to Set TTK Homebuyers up for success: 8
- Average Sales Price of Home in Philly: Over $300,000
- Average TTK Home Price BEFORE grants and buydowns: $280,000
- Average TTK FINAL Home Price AFTER grants and buydowns: $183,499
TTK Homes are on sale now! Income and eligibility requirements for homebuyers, program details and definitions, and the TTK application can be found on the Turn the Key webpage.
Ribbon Cutting is open to the press.
Philadelphia City Council President Kenyatta Johnson and Councilmember Anthony Phillips Announces Re-Opening of Neighborhood Preservation Initiative Driveway Repair Program
March 31, 2025
Philadelphia City Council President Kenyatta Johnson (2nd District) and Councilmember Anthony Phillips (9th District), in partnership with the Philadelphia Housing Development Corporation (PHDC), announced the relaunch of the Neighborhood Preservation Initiative (NPI) Driveway Repair Program. The program, which provides eligible homeowners throughout Philadelphia with repairs to deteriorating or unsafe shared driveways, has already improved access and safety for numerous residents across the city.
The announcement took place in the 7800 Block of Provident Road in Northwest Philadelphia, where the neighborhood was the latest to benefit from the Driveway Repair Program. The street is in Councilmember Phillips’ Ninth Council District. City officials highlighted the program’s success and the broader impact of NPI investments in stabilizing and preserving Philadelphia’s neighborhoods.
“NPI has been a fantastic program for Philadelphia neighborhoods since it was launched back in 2021,” Council President Johnson said. “It addresses critical housing needs and infrastructure improvements, and the program has helped homeowners, stabilized communities, and improved accessibility. I am happy the City is relaunching NPI’s Driveway Repair Program so that more neighborhoods can be helped throughout Philadelphia.”
“Nearly two years ago, we stood just down the street from today’s location with then Philadelphia City Council President Darrell Clarke and former Councilmembers Marian Tasco and John White Jr., who championed this program for years,” Councilmember Phillips said . “Today, alongside Council President Johnson, I’m happy to announce that we’ve helped in repairing driveways for approximately 140 blocks across our city at no cost to the neighbors. This exemplifies the essence of public service—delivering tangible benefits to every neighborhood. We’re committed to extending this initiative, aiming to repair an additional 50-60 driveways citywide, reinforcing our investment in our communities.”
“PHDC hires the contractors and manages the construction for the Driveway Repair Program,” said David Thomas, President and CEO of PHDC. “In many parts of Philly, driveways are the connectors with neighbors, they offer increased privacy, safety and even accessibility across the neighborhood. This is a rewarding program because we see the joy on the neighbors faces when our work is complete. I am grateful that PHDC and the great contractors we work with continue to make Philly better block by block, and in this case driveway by driveway.”
As the City of Philadelphia enters the final year of this critical program, NPI has made significant strides in neighborhood revitalization, investing over $300 million in affordable housing and neighborhood preservation. Launched in July 2023, the NPI Driveway Repair Program has already made a substantial impact. This includes:
- Repaired 140 driveways across Philadelphia
- Impacted 6,000 homes
- Invested approximately $9 million in neighborhood infrastructure
Due to significant demand, intake for the Driveway Repair Program was paused for a short time to process the driveways in queue since its inception.
The relaunching of the Driveway Program will result in more residents citywide receiving essential repairs, enhancing safety and property conditions in neighborhoods.
To apply for the driveaway repair program, residents must contact their district Councilmember’s office to begin intake. Go to www.phdcphila.org/driveways for information about how a block can apply for the Driveway program.
Applications will be processed on a first come, first served basis. An estimated 50-60 driveways citywide will be repaired between now and the end of December with remaining funds.
With less than nine months of current NPI funding remaining, City Council is collaborating with Mayor Cherelle L. Parker’s administration to continue this critical work through the mayor’s proposed Housing Opportunities Made Easy (H.O.M.E) Plan.
Other the next several months, City Council and the Parker administration will develop a comprehensive strategy that goes beyond homeownership. The joint focus will be on providing resources and support for:
- Existing homeowners maintaining their properties
- Renters who are not yet ready to purchase a home
NPI has created a robust pipeline dedicated to stabilizing and revitalizing communities and the work extends far beyond driveway repairs. Over the past four years, the NPI Infrastructure Program has:
- Removed hundreds of trees growing in alleys, which can be a danger to homeowners and renters.
- Repaired driveways throughout the city
- Secured a pilot project to repair a retaining wall in West Philadelphia
Council President Kenyatta Johnson, a former Pennsylvania State Representative, represents the Second Council District, which includes parts of Center City, South Philadelphia, and Southwest Philadelphia.
Councilmember Anthony Phillips represents the Ninth Council District, which includes the neighborhoods of West Oak Lane, Mt. Airy, Fern Rock, Logan, Melrose Park Gardens, Somerdale and Lawncrest.
PHDC is Philadelphia’s full-service community development organization dedicated to Philadelphia’s neighborhoods and the people in them. They support them with housing options, repurposed vacant land, and community assets.
Philadelphia City Council is the legislative arm of Philadelphia municipal government. Keep up with Council on phlcouncil.com, and on X, Facebook, Instagram, and YouTube.
City, Philadelphia Land Bank, PHDC, Riverwards Group and Partners Celebrate 60+ New Turn the Key Homes
WHAT: The innovative public-private Turn the Key (TTK) affordable luxury homebuilding initiative continues to make an impact on the city’s housing stock, creating more affordable housing options for first-time homebuyers. This project created 63 additional brand-new construction homes, ranging in price between $265,000 and $280,000. These homes are close to I-95 and I-676 access, as well as multiple forms of public transit.
Most of the homes on Martha Street homes have large backyards. Tours will be available at a home before and after the ribbon cutting ceremony.
WHO:
Invited Speakers
- Mayor Cherelle L. Parker
- City Councilmember Mark Squilla, First District
- Mo Rushdy & Lawrence McKnight Managing Partners, Riverwards Group
- Turn the Key Homeowner
- Alex Luboff, Assistant Vice President, Prosperity Home Mortgage
- Clarence Martindell, Executive Vice President, Meridian Bank
- Ryan N. Schlegel, Senior Vice President, Senior Real Estate Lender, Mid Penn Bank
- Angel Rodriguez, Executive Director of the Philadelphia Land Bank
- David Thomas, President and CEO of PHDC
WHEN: Friday, March 28, 2025, 12:00 p.m.
WHERE: Ribbon Cutting Ceremony: 3031 Martha Street, Philadelphia, PA 19134
NOTES TO THE MEDIA:
TTK is funded by City Council’s Neighborhood Preservation Initiative (NPI).
TTK is putting income-qualified first-time homebuyers into beautiful NEWLY constructed homes by lowering the cost of homeownership dramatically. The Philadelphia Land Bank’s two-pronged strategy is to contribute publicly owned land from its inventory as sites for the new construction to decrease building costs and then provides up to $85,000 to buyers as a mortgage buydown and downpayment or settlement assistance.
Turn the Key Stats:
- TTK Average Monthly Payment For 3-Bedroom Home: $1,353 (average cost of rent in Philly for a 2-bedroom apartment is $1800)
- TTK Homebuyer Average Annual Income: $45,000
- Average TTK Homebuyer is at 57% of Area Median Income (AMI)
- Average Hours of Free Housing Counseling provided to Set TTK Homebuyers up for success: 8
- Average Sales Price of Home in Philly: Over $300,000
- Average TTK Home Price BEFORE grants and buydowns: $280,000
- Average TTK FINAL Home Price AFTER grants and buydowns: $183,499
TTK Homes are on sale now! Income and eligibility requirements for homebuyers, program details and definitions, and the TTK application can be found on the Turn the Key webpage.
Ribbon Cutting is open to the press.
City, Philadelphia Land Bank, PHDC and Partners Increase First-time Homeownership with Turn The Key Homes
Tuesday, March 4, 2025, 11:00 a.m.
WHAT: The innovative public-private Turn the Key (TTK) affordable luxury homebuilding initiative continues to make an impact on the city’s housing stock, creating more affordable housing options for first-time homebuyers.
TTK is funded by City Council’s Neighborhood Preservation Initiative (NPI).
TTK is putting income-qualified first-time homebuyers into beautiful NEWLY constructed homes by lowering the cost of homeownership dramatically. The Philadelphia Land Bank’s two-pronged strategy is to contribute publicly owned land from its inventory as sites for the new construction to decrease building costs and then provides up to $85,000 to buyers as a mortgage buydown and downpayment or settlement assistance.
WHO:
Invited Speakers
- Mayor Cherelle L. Parker
- City Councilmember Jeffery Young, Jr. (5th District)
- City Councilmember Kendra Brooks, At-Large, Minority Leader
- Turn the Key Homeowner
- Brennan Tomasetti, Owner, Civetta Property Group
- Jennifer Ashley, Vice President of Mortgage Lending, Guaranteed Rate
- Angel Rodriguez, Executive Director of the Philadelphia Land Bank
- David Thomas, President and CEO of PHDC
WHEN: Tuesday, March 4, 2025, 11:00 a.m.
WHERE:
Ribbon Cutting Ceremony: 900 Block of Turner Street, Philadelphia, PA 19122
For navigation: 929 Turner St., Philadelphia, PA 19122
Model Home Tour Immediately Following Ceremony: 928 Cecil B. Moore Ave. Philadelphia, PA, 19122
NOTES TO THE MEDIA:
All the homes were constructed with additional installation to improve energy efficiency, feature mansard roofs, and are three bedrooms, two bathrooms.
Turn the Key Stats:
- TTK Average Monthly Payment For 3-Bedroom Home: $1,353 (average cost of rent in Philly for a 2-bedroom apartment is $1,800)
- TTK Homebuyer Average Annual Income: $45,000
- Average TTK Homebuyer is at 57% of Area Median Income (AMI)
- Average Hours of Free Housing Counseling provided to Set TTK Homebuyers up for success: 8
- Average Sales Price of Home in Philly: Over $300,000
- Average TTK Home Price BEFORE grants and buydowns: $280,000
- Average TTK FINAL Home Price AFTER grants and buydowns: $183,499
TTK Homes are on sale now! Income and eligibility requirements for homebuyers, program details and definitions, and the TTK application can be found on the Turn the Key webpage.
Ribbon Cutting is open to the press.
City Officials and Community Partners Celebrates PHDC’s 60 Years of Service
Friday, January 24, 2025, 11:30 a.m, City Hall, Mayor’s Reception Room, 2nd Floor, 1400 John F. Kennedy Blvd., Philadelphia, PA 19107
The City of Philadelphia, City Council and other elected officials and community leaders came together to celebrate PHDC, the city’s leading full-service community development agency, for its 60 years of service to Philadelphia. In 1964, City Council created PHDC, and in January of 1965, the city’s Court of Common Pleas approved the articles of incorporation. Over the last 60 years, PHDC has leveraged and invested hundreds of millions of dollars in affordable housing creation, rental assistance, home repair and preservation programs, and transformed the homes, and the lives, of thousands of Philadelphians.
PHDC Highlights:
- Since 1996, PHDC’s Basic Systems Repair Program has repaired over 55,000 homes.
- Since 1996, PHDC’s Adaptive Modifications Program has improved the accessibility of more than 4,800 homes.
- Since 1995, PHDC has leveraged and subsidized nearly $1.7 billion in Low Income Housing Tax Credits to fund more than 9,000 rental units.
Many more PHDC accomplishments were highlighted at the press conference.
WHO:
Invited Speakers:
- David Thomas, President and CEO, PHDC
- Honorable Mayor Cherelle L. Parker
- City Council President Kenyatta Johnson, 2nd Council District
- Pennsylvania State Senator Vincent Hughes, 7th District
- Sheree Johnson, BSRP/AMP Participant
- Zayd Babb-Alibey, CEO/President, Alibey Management Inc.
- Jessie Lawrence, Director, Department of Planning and Development
NOTES TO THE MEDIA:
PHDC staffs and conducts business on behalf of the Philadelphia Housing Development Corporation, the Philadelphia Land Bank (PLB) and the Philadelphia Redevelopment Authority (PRA). PHDC partners with community-based agencies, banking institutions, the building trades, small businesses, and affordable housing developers. To see PHDC’s history of highlights timeline, please click here.
For more information on PHDC, please visit https://phdcphila.org/
City Officials and Community Partners Announced Expansion of Right to Counsel for Eligible Tenants Facing Eviction
January 21, 2025-PHILADELPHIA
The City’s Division of Housing and Community Development (DHCD) joined community partners and other city officials at Logan Library to announce expansion of the successful Right to Counsel (RTC) initiative. Low-income renters are entitled to free legal representation if they are facing eviction in three newly added zip codes, 19124, 19141 and 19154, bringing the total number of covered zip codes to eight.
Philadelphians in the covered zip codes, with income at or below 200 percent of the Federal Poverty Level, are eligible for RTC. Immigration status does not affect eligibility. The zip codes were selected based on those identified by a Reinvestment Fund report as having the highest need.
“DHCD is proud to oversee the Right to Counsel initiative—as well as the Philadelphia Eviction Prevention Project and the Eviction Diversion Program—for the City of Philadelphia and its residents,” said Mark Dodds, Interim Deputy Director, DHCD. “Right to Counsel keeps residents in their homes, stabilizes neighborhoods, and promotes fairness. It reduces evictions that uproot families and disrupt communities and ensures equitable access to legal representation.
RTC is part of a broader eviction prevention strategy that includes citywide legal representation, in-court support programs, and the Eviction Diversion Program. Together, these services have lowered eviction filings by almost 40%. The addition of the new zip codes means that more than 35% of all renters facing eviction are covered by RTC.
Success of Right to Counsel: FY24 Highlights
- RTC is achieving positive outcomes for tenants. Last year, RTC preserved, stabilized, or improved housing in more than 80% of cases and obtained critical financial relief for 70% of the remaining tenants.
- RTC proactively reaches out to tenants to connect them with services. Thanks to Community Health Workers at the City’s Philly Counts office, 48% of tenants contacted before their trial were referred for legal services.
- Families are at the heart of our efforts. Over half of those served by RTC were families. Consequently, RTC directly impacted the lives of 1,747 children in the last year.
- Legal advice and representation totals. In FY24, RTC partners provided legal services to over 4,400 households. Over 1,500 of these households lived in RTC zip codes.
- Tenants represented by Philadelphia Eviction Prevention Project (PEPP) partners achieve better outcomesin Municipal Court compared to those without representation.
- No tenants represented by PEPP prior to trial lost by default judgment as compared to over 40% in all other cases.
- PEPP-represented tenants were twice as likely to prevail at trial as compared to unrepresented tenants.
- Tenants represented by PEPP secured favorable Judgments by Agreement at more than twice the rate of unrepresented tenants.
Right to Counsel services are funded through the City’s Philadelphia Eviction Prevention Project budget and managed by DHCD. DHCD is part of the City’s Department of Planning and Development.
Tenants can go to phillytenant.org or call the Philly Tenant Hotline at (267) 443-2500 to access both Right to Counsel and Philadelphia Eviction Prevention Project services. Legal representation, support, and outreach are provided by Community Legal Services, SeniorLAW Center, Legal Clinic for the Disabled, Philly VIP, the Tenant Union Representative Network, Philly Counts (a part of the Office of Community Empowerment and Opportunity), and Clarifi.
Please view the updated RTC Annual Reports to see how RTC has impacted Philadelphia.
For more information on DHCD, please visit phila.gov/dhcd
2024
Home Repair Initiative Helps Local Residents In Philadelphia
- In West Philadelphia on October 18th, 2024, the Wells Fargo team and Rebuilding Together Philadelphia, or “RTP” repaired ten homes with the help of more than forty volunteers and community partner ACHIEVEability. Check out the article.
Philadelphia Housing Development Corporation celebrates 60 years of service during volunteer day with Habitat for Humanity Philadelphia
Contacts:
Adam McGrath, 267-218-3448, adamm@habitatphiladelphia.org
Jamila Davis, Jamila.Davis@phila.gov
WHAT:
In support of Habitat for Humanity Philadelphia’s efforts to build decent, affordable homes in partnership with families in need, volunteers from the Philadelphia Housing Development Corporation (PHDC) will donate their time to paint interior walls and ceilings at a rehabilitated Habitat home in West Philadelphia. In 2025, PHDC celebrates 60 years of making Philadelphia better, block by block, through affordable housing options, home repairs and other services.
“We’re proud to work alongside PHDC to develop affordable housing solutions and provide critical home repairs for Philadelphia homeowners,” said Carrie Rathmann, Vice President of Strategic Partnerships at Habitat Philadelphia. “Sixty years of service is an incredible milestone. Thank you for building alongside the Habitat team today and every day to create stability and self-reliance through shelter.”
PHDC supports Habitat Philadelphia’s homeownership and home repair programs through initiatives such as the Philly First Home grant, which offers up to $10,000 in assistance for first-time home buyers, and the Basic Systems Repair Program, which funds critical repairs that maintain a home’s functionality.
“Thank you to Habitat Philadelphia for working with us to come up with a great volunteer opportunity,” said David Thomas, President and CEO of PHDC. “Our mission is serving the residents of Philadelphia by helping them with their housing needs. We are celebrating 60 years of service this year and wanted to create space for our employees to continue to impact lives outside of the office. Habitat and PHDC are both focused on making a difference for Philadelphians through housing. Today was a great day, and I look forward to strengthening our partnership.”
WHEN:
Wednesday, October 16, 10:00am – 2:00pm
WHERE:
1007 N 45th St
Philadelphia, PA 19104
VISUALS:
PHDC volunteers painting interior walls and ceilings alongside Habitat Philadelphia carpenters
[envira-gallery id=”21040″]
WHO:
David Thomas, President &CEO, Philadelphia Housing Development Corporation
Carrie Rathmann, Vice President, Strategic Partnerships,Habitat for Humanity Philadelphia
Amazjah Grant, Volunteer Coordinator, Habitat for Humanity Philadelphia
About Habitat for Humanity Philadelphia
Habitat for Humanity Philadelphia builds strength, stability, and self-reliance through shelter. Habitat for Humanity Philadelphia transforms lives and our city by building and repairing quality homes in partnership with families in need and by uniting all Philadelphians around the cause of affordable housing. Since 1985, Habitat for Humanity Philadelphia has built and sold 265 energy-efficient homes to first-time homeowners, and strategically partnered with more than 950 homeowners and their families to provide critical home repairs. For more information, visit www.habitatphiladelphia.org.
About PHDC
PHDC is the City of Philadelphia’s full-service community development organization. For 60 years PHDC creates and provides services and programs that makes Philadelphia a great place to live. PHDC helps residents, community groups, businesses and developers repurpose vacant land. PHDC also facilities the repair of homes and finances affordable housing projects. Supported by dedicated staff, PHDC works in every neighborhood in Philadelphia. The Philadelphia Land Bank and the Philadelphia Redevelopment Authority is staffed by PHDC, and PHDC works closely with the City’s Department of Planning and Development.
Today, the City, Philadelphia Land Bank, PHDC, Fine Print Construction and Riverwards Group Celebrate 39 More Turn the Key Homes
More Affordable Luxury Turn the Key Homes Now on the Market
Philadelphia, October 15, 2024
Today, the City, PHDC and the Philadelphia Land Bank announced 39 more units using their innovative public-private Turn the Key (TTK) affordable luxury homebuilding initiative. These units were constructed by Fine Print Construction and Riverwards Group.
TTK is putting income-qualified first-time homebuyers into beautiful NEW construction homes by lowering the cost of homeownership dramatically. The Philadelphia Land Bank’s two-pronged strategy is to contribute publicly owned land from its inventory as sites for the new construction to decrease building costs, and then providing up to $75,000 to buyers as a mortgage buydown and up to $10,000 downpayment or settlement assistance.
TTK is one of several partnerships fostered by the Parker Administration in progressing towards the Mayor’s goal of producing and preserving 30,000 housing units.
Turn the Key Stats:
- TTK Average Monthly Payment For 3-Bedroom Home: $1,353 (average cost of rent in Philly for a 2-bedroom apartment is $1800)
- TTK Homebuyer Average Annual Income: $45,000
- Average TTK Homebuyer Credit Score: 600
- Average TTK Homebuyer is at 57% of Area Median Income (AMI)
- Average Hours of Free Housing Counseling provided to Set TTK Homebuyers up for success: 8
- Average Sales Price of Home in Philly: Over $300,000
- Average TTK Home Price BEFORE grants and buydowns: $280,000
- Average TTK FINAL Home Price AFTER grants and buydowns: $183,499
Income and eligibility requirements for homebuyers, program details and definitions, and the TTK application can be found on the Turn the Key webpage.
Living and working in the Grays Ferry area is a dream come true, as it allows us to give back to the community in meaningful ways,” Dawud Bey CEO of Fine Print Companies. “We are thrilled to be part of the “Turn The Key” program, which we believe is the best affordable housing homeownership initiative in the country. This groundbreaking program makes it possible for Philadelphians, with an average income of $20 per hour, to own a new, high-quality single-family home for under $1,200 per month. One of the program’s unique aspects is the $75,000 non-payable second mortgage, which is later forgivable—a feature no other program offers. We at Fine Print Construction, alongside our partners at Riverwards Group, are honored to participate in this effort to bring sustainable and affordable homeownership to our community. Together, we’re helping to open doors for countless individuals and families in Philadelphia, fostering a brighter, more inclusive future.”
“On behalf of staffs of PHDC and the Philadelphia Land Bank, we are proud to be the partner for this initiative with the Parker Administration and City Council,” said David Thomas, CEO of PHDC. “Turn the Key makes homeownership dreams a reality for residents that work hard each day, and never thought they would be homeowners. It is truly a rewarding program to be a part of.”
This is by far, the best program in the entire country for affordable housing homeownership,” Mo Rushdy, Managing Partner, The Riverwards Group. “With average buyer making $22/hr, this program has opened opportunities for so many Philadelphians to be able to live in a quality new single-family home at sub-$1,200 per month. No program offers $75,000 in a non-payable second mortgage, that later on, becomes forgivable, the way the Turn The Key program does. Riverwards Group is proud to be a major participant in this successful program.”
TTK Homes are on sale now and in Fall 2024 in Brewerytown, Carroll Park, East Kensington/Port Richmond, Grays Ferry, Sharswood/Blumberg, and Wharton/South Philadelphia
“Penn Community Bank is proud to be a key partner in the Turn the Key initiative, which is transforming lives and communities across Philadelphia,” said Lewis Cyr, Chief Lending Officer at Penn Community Bank. “As a mutual bank, our mission is to foster economic growth and stability in the communities we serve. Through our Home Opportunity Mortgage program and construction loans, we’re helping to make the dream of homeownership a reality for hardworking Philadelphians. We’re committed to continuing our support for innovative programs like Turn the Key that create lasting positive impact in our region.”
“Citizens Bank is a proud participant of the Turn the Key program,” said Deborah Mason, CRA Mortgage Loan Officer, Home Lending Solutions – Mortgage, Citizens Bank. “Our Affordable Lending products along with grants, down payment and closing cost assistance products are making homeownership achievable for First Time homebuyers across the Phila area. Our commitment to the Communities, Colleagues and Customers helps strengthen our partnerships with PHDC, Mayor Parker and City Council , Phila Land Bank and nonprofits across the city. “Together, we are creating a stronger more financially empowered community.”
2024 PHDC Housing Fair Presented by Temple University and NBC10 – Largest Housing Fair in the City; Providing Resources, Programs and Services for Homeowners and Renters
September 28, 2024
PHILADELPHIA –Today the City of Philadelphia’s full-service community development nonprofit PHDC hosted its 2nd Annual Housing Fair. The fair took place at Temple University Aramark Student Training and Recreation (STAR) Complex, 1816 N 15th St, Philadelphia, PA 19121, from 10a-3p. This is PHDC’s second Housing Fair and was created to address all aspects of housing. The fair had over 70 exhibitors, and over 3,500 persons pre-registered to attend.
“This is becoming a fall tradition in our city,” said David Thomas, CEO & President of PHDC. “As the City’s community development agency, we wanted to host an event that gave our residents the opportunity to learn about all the housing resources available in the city. And for the second year, we met that challenge. We all know that homeownership is a path to help individuals and families create generational wealth, and we are doing our part to give more Philadelphians the resources and information to make that happen. We said this event is “ALL THINGS HOUSING!”, and it definitely is. Thank you to Temple University, NBC 10, Wells Fargo, the City, our additional sponsors, our exhibitors and everyone who came today to make this event a huge success!”
The fair provided resources for current homeowners, potential first-time home buyers, renters, landlords and developers interested in learning more about finding, paying for, maintaining, and producing housing.
“Temple University is proud to join hands with PHDC, the City of Philadelphia, and NBC 10 in hosting the 2023 PHDC Housing Fair at our Aramark Student Training and Recreation (STAR) Complex,” said Shirley Moy, executive director of Temple’s Lenfest Center for Community Workforce Partnerships. “This event stands as a testament to our collective commitment to equipping residents with the knowledge and resources they need to navigate the intricate landscape of housing. As an institution deeply rooted in the heart of Philadelphia, we understand the profound impact that homeownership and quality housing have on building generational wealth and strengthening our vibrant communities. ‘ALL THINGS HOUSING!’ is more than just a slogan—it’s a promise to empower individuals and families at every stage of their housing journey. Together, we’re creating a brighter and more inclusive future for all Philadelphians.”
“As the Bank of Doing, Wells Fargo is taking action to help people across the country reimagine their homeownership journey,” says Ernest Campbell, Mortgage Retail Sales Senior Manager for Wells Fargo in Pennsylvania. “The PHDC Housing Fair does the same by helping prospective and current homeowners and renters make informed decisions to find the right home for their families. I am proud of our contributions and honored to work with the Philadelphia Housing Development Corporation to help Philly residents realize their homeownership dreams.”
Attendees were able to meet housing counselors from City-funded agencies, mortgage lenders, realtors, insurance agents, contractors, homebuilders, representatives from relevant City of Philadelphia departments, legal services organizations, and other professionals in the housing industry.
“We believe that successful homeownership is a significant part of building strong communities,” said Justin Messer, President and CEO of Prosperity Home Mortgage. “Partnering with PHDC for the 2024 Housing Fair aligns with our mission to provide resources and financing options to help the communities we serve achieve their homeownership goals. Prosperity offers a wide variety of lending programs, such as Pathway to Prosperity, which provides additional financial assistance to qualified applicants in eligible communities in the greater Philadelphia, Wilmington, and Camden areas. We are honored to participate in and sponsor this year’s Housing Fair, and we look forward to the opportunity to meet with the members of the community, local businesses, and community leaders at this exciting event.”
“The whole team at Independence Blue Cross Blue Shield is committed to creating healthier communities for the people we serve to live and thrive in,” said Kortney Cruz, Senior Vice President of Government Markets at Independence Blue Cross. “We believe that a more holistic approach that goes beyond traditional health care is essential to making change happen. That’s why we’re proud to support this event and the work PHDC is doing. They understand the importance of addressing social determinants and know that by working together, we can ensure that everyone has the opportunity to thrive in a healthy and livable community.”
Homeowners and renters who needed repairs to their homes were able to get help on the spot from PHDC to start the application process for Basic Systems Repair Program (BSRP) and the Adaptive Modifications Program (AMP)-two popular city programs.
“The WSFS CARES Foundation is proud to support PHDC’s second Annual Housing Fair to help provide resources and education to first-time homebuyers,” said Ron Dutton, SVP, Director of Community Reinvestment, WSFS Bank. “As the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region, WSFS Bank is committed to providing the tools and resources needed to help consumers achieve the dream of homeownership and unlock opportunities to create generational wealth.”
“TD Bank is proud to sponsor PHDC’s Housing Fair, ensuring Philadelphia families have the resources and knowledge to make the dream of homeownership more attainable,” said Vanessa Owens, Community Mortgage Sales Manager for TD Bank. “Through homebuyer education, extensive community outreach, and the convergence of industry experts, this event will further efforts to reduce barriers to purchasing homes, empower aspiring buyers in their pursuit of homeownership and ultimately strengthen our communities.”
The fair also included:
- Opportunity to meet financial lenders in informational sessions scheduled throughout the day.
- If attendees participate in one of the “Discover the Keys to Successful Homeownership”, they will be registered for a $500 Regency Furniture gift card!
- Chair Massage by Sponsored by Independence Blue Cross
- Kid Zone Sponsored by Civetta Property Group, LLC. Featuring make and take crafts, face painting, flower crowns, hula hoop contests, and other activities.
- 360 Photo Booth
- Games and Great Prizes
- Free PHDC tote bags upon entry
- And much more!
Event Sponsors included Temple University, NBC10, Wells Fargo, Prosperity Home Mortgage, LLC, TD Bank, Independence Blue Cross, and WSFS Cares Foundation.
For more information and pictures (which will be posted on social media immediately, and on the webpage within 48-72 hours), please visit: https://phdcphila.org/housingfair/
City, Philadelphia Land Bank, PHDC & Partners Celebrate 100 Turn the Key Homes – Turn the Key Makes the Dream of Homeownership a Reality for Working Philadelphians
September 6, 2024
Today the City, the Philadelphia Land Bank, and PHDC hosted a ceremonial ribbon-cutting and celebration of the milestone of 100 Turn the Key (TTK) homes purchased.
“This is a great day to celebrate the 100th home sold under our tremendous Turn the Key program – with so many more to come,” said Mayor Cherelle L. Parker. “100 homes means 100 individuals and families are now homeowners. It means 100 previously vacant lots are now homes. It means we continue working – every day – to create more units of affordable housing. Check out Turn the Key! It is an unprecedented opportunity with the grants and assistance we offer, and makes homeownership a reality for more Philadelphians who deserve to own their own home.”
TTK is a Philadelphia Land Bank, PHDC and City of Philadelphia initiative to build over 1,000 new affordable homes across the city. TTK puts vacant publicly-owned land back into productive use while increasing the limited supply of affordable homes on the market. TTK dramatically lowers the out-of-pocket cost of a home by providing as much as $75,000 towards a mortgage buydown and up to $10,000 in downpayment or settlement assistance. TTK is one of several programs supported by the Parker Administration as we progress towards the Mayor’s goal of producing and preserving 30,000 housing units.
“City Council will continue to provide support to the Turn the Key initiative,” said Philadelphia City Council President Kenyatta Johnson (Second District). He continued, “We recognize that through the innovative use of dollars, like those that make up Council’s Neighborhood Preservation Initiative (NPI), are the only way that Turn the Key can exist, making homeownership a reality for many Philadelphians. With federal and state housing dollars shrinking in recent years, as the City of Philadelphia, we need to fund and prioritize programs like NPI. When NPI is fully funded, we are helping residents with the Turn the Key mortgage buy-down, and the City’s Philly First Home down payment/settlement assistance, and ultimately, creating generational wealth for them and their families.”
TTK Homes are on sale now or will be in the fall of 2024 in the following Philadelphia neighborhoods: Brewerytown, Carroll Park, East Kensington/Port Richmond, Grays Ferry, Sharswood/Blumberg, and Wharton/South Philadelphia
“This is an exciting moment for the Philadelphia Land Bank,” said Angel Rodriguez, Executive Director of the Philadelphia Land Bank. “Initiatives like Turn the Key are exactly why the Land Bank was created. These first 100 homes prove the value of Public and Private Partnerships, this is the blueprint for a successful homeownership program. Now that we have it, we are focused on scaling up, to the next 100 and beyond until we meet and exceed our goal of 1000 homes!”
After a ceremonial ribbon cutting at an onsite TTK home, the interior, fully staged by event co-sponsor Regency Furniture, was open for tours. “We are beyond excited to be a part of this incredible venture,” said Regency Furniture’s CEO, Abudl Ayyad. “Our team is dedicated to ensuring that every room in the 100th home is beautifully staged with our most stylish furniture and accessories, reflecting our commitment to quality and design. This collaboration with the Philadelphia Land Bank represents a significant step in supporting Philadelphia’s first-time homebuyers and fostering vibrant, thriving communities.”
What makes TTK unique?
- In a fluctuating housing market with elevated construction costs, the Philadelphia Land Bank is partnering with community-minded homebuilders focused on improving Philadelphia. Together we have developed a workable plan to build quality new construction homes for middle-income families.
- Flexible funding from the Neighborhood Preservation Initiative (NPI) supports the mortgage or interest rate buydown that makes it possible for homeowners to purchase the house for a lower cost and maintain an affordable mortgage over the life of loan.
- Using publicly-owned parcels eliminates the cost of land for TTK homebuilders, which makes constructing affordable luxury TTK homes a cost-effective business proposition.
- Building a network of participating Turn the Key Lenders has resulted in these banks providing additional financial incentives that can further lower homebuyers’ mortgages and related expenses.
- Providing housing counseling is a proven method for more effectively setting first-time homeowners up for success. Accordingly, housing counseling is integrated into the process of purchasing a Turn the Key Home.
Turn the Key By the Numbers:
- Between FY 2023-24 the Land Bank approved the development of 724 units of affordable houses for homeownership; 460 (64%) of those housing units are either complete or under construction on over 700 formerly vacant lots.
- 103 homes completed
- 100 homes sold – and counting
- 29 homes under agreement
- 52 homes sold to City of Philadelphia employees
- $7,645,000 total amount of TTK mortgages committed
- $1,000,000 total amount of Philly First Home Grants committed
- TTK homebuyers are social workers, bus drivers,sanitation workers, librarians, administrative professionals, and other everyday people.
- Average Monthly Rent for 2-Bedroom Apartment in Philadelphia: $1800.
- TTK Average Monthly Payment For 3-Bedroom Home: $1,353.
- TTK Homebuyer Average Annual Income: $45,000.
- Average TTK Homebuyer Credit Score: 600.
- Average TTK Homebuyer is at 57% of Area Median Income (AMI).
- Average Hours of Free Housing Counseling Provided to Set TTK Homebuyers up for Success: 8
- Average Sales Price of Home in Philly: Over $300,000
- Average TTK Home Price BEFORE Grants and Buydowns: $280,000
- Average TTK FINAL Home Price AFTER Grants and Buydowns: $183,499
For more information on PHDC, and to apply for Turn the Key today, please visit https://phdcphila.org/residents-and-landlords/homebuyers-and-renters/turn-the-key/
Women’s Community Revitalization Project Cuts Ribbon On 27 New Affordable Townhomes
The Arlene Thorpe Townhomes provide 27 affordable rental units to low-income Philadelphians
July 11, 2024
Contact: London Faust lfaust@bellevuepr.com 215-893-4289
PHILADELPHIA – The Women’s Community Revitalization Project (WCRP) celebrated the completion of its newest affordable housing development, 27-unit the Arlene Thorpe Townhomes, with a ribbon cutting ceremony last week. Philadelphia City Council President Kenyatta Johnson, whose Second Council District the townhomes were built in, was on-site to honor the occasion.
The Arlene Thorpe Townhomes are the latest WCRP properties developed on land owned by the Community Justice Land Trust (CJLT) which ensures the homes will remain permanently affordable. This unique partnership is part of WCRP’s strategy to prevent residents from being displaced in neighborhoods like Grays Ferry as the area undergoes rapid gentrification. The Townhomes are named after Arlene Thorpe, a beloved community leader and fierce advocate for the Grays Ferry neighborhood.
“With this new development we have continued to create homes that are truly affordable for community residents” said Nora Lichtash, Executive Director, WCRP. The townhomes include central air, stove, refrigerator, washer/dryer, garbage disposal, and common space for tenant activities. Six of the homes are wheelchair accessible and two were built with specific accessibility features for persons with hearing or visual disabilities.
“Today’s celebration speaks to the power of innovative and equitable real estate development,” said Kenyatta Johnson, Philadelphia City Council President. “The Arlene Thorpe Townhomes represent what is possible when public and private entities work together with a shared vision to ensure long-term stability and affordably priced housing in Grays Ferry.”
With a particular focus on low-income women and their families, WCRP strives to increase equity through the development of affordable housing in Philadelphia. The organization involves residents and neighbors in their design to ensure homes meet the real-life needs of the families who live there. WCRP will provide supportive services to tenants of the Arlene Thorpe Townhomes to help them achieve family and financial goals. The organization also acts as property managers, handling leases and maintenance.
“Arlene Thorpe is a fantastic project,” said John Mondlak, Interim Director of the City’s Department of Planning and Development. “It furthers the Mayor’s mission of creating homes that are beautiful, as well as affordable. WCRP is a great partner, and we look forward to continuing to work with them in the future.”
To learn more about WCRP, please visit www.wcrpphila.org.
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About WCRP
The Women’s Community Revitalization Project (WCRP) is committed to social and economic equity for low-income women and their families, developing housing, providing supportive services, advocating for policy change, and honoring leadership, dignity, and justice in our communities. Learn more at www.wcrpphila.org.
City, PHDC & Partners Announce Initiative to Help First-time Homebuyers Buy Brand NEW Homes – Turn the Key Makes the Dream of Homeownership a Reality
April 23, 2024-PHILADELPHIA
Today the City and PHDC invite Philadelphians interested in becoming first-time homebuyers to the first PHDC Turn the Key (TTK) Open House. The Open House, to be held on May 8, 2024, 3-7pm, at 1234 Market Street, Philadelphia, PA 19107, Mezzanine Level, is an opportunity to learn about the TTK homeownership initiative for income-qualified first-time homebuyers and possibly begin the homebuying process on the spot.
“Turn the Key makes buying a home possible in a challenging housing market,” said Mayor Cherelle L. Parker. “Thanks to Turn the Key, working-class, middle-income Philadelphians who could only dream of owning a home are purchasing affordable luxury homes for their families or themselves. This is for the bus drivers, the teachers, the police officers, the construction workers, the social workers, and anyone else, who works hard every day but still cannot buy a home. If that is you, and you want to buy a home, you should apply!”
TTK is a PHDC and City of Philadelphia initiative to build new affordable homes across the city. TTK puts vacant publicly-owned land back into productive use while increasing the limited supply of affordable homes available for purchase in the city. Income and eligibility requirements for homebuyers can be found on the Turn the Key webpage.
“City Council has and will continue to provide instrumental support for the Turn the Key initiative,” said City Council President Kenyatta Johnson. “We recognize that flexible dollars, like those that make up the Neighborhood Preservation Initiative (NPI), are the only way that Turn the Key can exist. Federal and state housing dollars have been shrinking over the years, making funding like NPI critical. NPI dollars are helping with the Turn the Key mortgage buy-down, and the City’s Philly First Home downpayment/settlement assistance.”
Turn the Key By the Numbers*:
- TTK homebuyers are social workers, bus drivers,sanitation workers, librarians, clerks, and other everyday people.
- TTK leverages grant, loan, tax abatement, and mortgage buy down programs offered by the City of Philadelphia, PHDC, and TTK Preferred Lenders to save homebuyers up to $75K or more.
- TTK Average Monthly Payment For 3-Bedroom Home: $1,353 (average cost of rent in Philly for a 1-bedroom apartment is $1500).
- TTK Homebuyer Average Annual Income: $45,000
- Average TTK Homebuyer Credit Score: 600
- Average TTK Homebuyer is at 57% of Area Median Income (AMI)
- Vacant Lots Already Back in Productive Use as TTK Homes: 724
- Average Hours of Free Housing Counseling provided to Set TTK Homebuyers up for success: 8
- Average Sales Price of Home in Philly: Over $300,000
- Average TTK Home Price BEFORE grants and buydowns: $280,000
- Average TTK FINAL Home Price AFTER grants and buydowns: $183,499
“I am proud of Turn the Key,” said David Thomas, CEO and President of PHDC. “I am meeting city workers, retail store employees, librarians — people who are keeping our city, schools and businesses running – and they tell me that they never thought they could be homeowners, and now they are because of Turn the Key. Turn the Key is life changing.”
TTK Homes are on sale now or will be by Summer 2024 in the following Philadelphia neighborhoods: Brewerytown, Carroll Park, Sharswood Blumberg, East Kensington, and Grays Ferry.
“Putting vacant land back into productive use the mission and vision of the Philadelphia Land Bank,” said Angel Rodriguez, Executive Director of the Philadelphia Land Bank. “What better way to do that than to turn empty vacant lots into vibrant brand-new affordable housing for families! That’s what Turn the Key does. The housing counseling, our preferred lenders, NPI funding, and skilled homebuilders interested in helping our city and not just their bottom line all make TTK unique.”
The Open House on May 8th in the SEPTA building is open to the public and press. Registration for participants is required. To register, please visit https://phdcphila.org/residents-and-landlords/homebuyers-and-renters/turn-the-key/registration-for-phdcs-turn-the-key-open-house-event-may-8-2024/
For more information on PHDC, and to apply for Turn the Key today, please visit the TTK Webpage.
*As of April 2024
City & Partners Celebrate Minority Developer Program Success & Ceremonial Groundbreaking for New Affordable Homes
Date: February 20, 2024
WHAT: PHDC and the City of Philadelphia join City Officials, Riverwards Group, Fine Print Construction and community partners to celebrate the groundbreaking for 17 new affordable homes in the Grays Ferry neighborhood. This project is also a product of PHDC’s Minority Developer Program (MDP). The project’s co-developer is an MDP participant and graduate, Dawud Bey, Owner and Founder of Fine Print Construction.
To date, through the Turn the Key initiative, PHDC and the City have approved construction of over 700 homes on vacant publicly owned land. Over 200 are currently under construction and nearly 50 are under agreement or sold.
WHO:Invited Speakers:
Mayor Cherelle Parker, City of Philadelphia
Council President Kenyatta Johnson, Second District
Mo Rushdy, Owner & Founder, Riverwards Group
Dawud Bey, Owner & Founder Fine Print Construction
Joseph Hallinan, Vice President, WSFS Mortgage Sales Team Leader
James B. Erb, Senior Vice President, Commercial Real Estate Lending Manager, Penn Community Bank
David Thomas, President and CEO of PHDC
Angel Rodriguez, Executive Director of the Philadelphia Land Bank and Senior Vice President of Land Services for PHDC
WHEN: Tuesday, February 20, 2023, at 1:30 p.m.
WHERE: 1553 S Dover St, Philadelphia, PA 19146
NOTES TO THE MEDIA: Minority Developer Program (MDP)
MDP was created to address the lack of diversity in the Philadelphia real estate development and construction industry. The program provides hands-on, business technical assistance program for small developers and contractors in Philadelphia, and helps promote wealth creation and business growth. It leverages public land and funding to create opportunities for small developers and contractors to obtain contracts for development projects, gain experience, and improve their balance sheets.
The applications process for Phase 1 began in August of 2021. Almost 70 developers applied. The developers represented varying levels of capacity from just starting out to established small to mid-size companies. There were 16 developers that were selected. Because of the expertise gained in MDP, six MDP developers were awarded proposals, helping create 151 new units of affordable or mixed-income housing.
Phase 2 was launched in May 2023. Almost 30 small-mid size companies applied. Seven were selected to participate in MDP training, which started in August of 2023.
The program provides 18 hours of technical assistance for every developer selected.
Turn the Key
Turn the Key is a PHDC and City of Philadelphia Initiative to build 1,000 new affordable homes across the city. Turn the Key puts vacant publicly owned land back into productive use while increasing the limited supply of affordable homes available for purchase in the city. Income and eligibility requirements for homebuyers can be found on the Turn the Key webpage. Prices for Turn the Key homes on average is around $280,000 and are available for purchase by qualified first-time homebuyers who apply to Turn the Key initiative. To increase affordability, 20-year notes placed on Turn the Key properties are forgivable and mortgage buydown assistance funds are available. Turn the Key participants can also apply for settlement assistance of up to $10,000 for down payment and closing costs. City of Philadelphia employees get first preference.
This event will be open to the public and the press.
For more information on Turn the Key, please visit: Turn The Key – MAKING PHILADELPHIA BETTER BLOCK BY BLOCK
For MDP, please visit: https://phdcphila.org/mdp/
2023
City, PHDC, Riverwards Group and Partners Celebrate Ceremonial Ribbon Cutting For 15 New Affordable Homes
Turn the Key is providing opportunities to first-time homebuyers facing tight housing market
WHO: PHDC and the City of Philadelphia join City Officials, Riverwards Group and community partners celebrate a ribbon-cutting for 15 new affordable homes in Port Richmond. To date, through the Turn The Key initiative, PHDC and the City have approved construction of over 700 homes on vacant publicly owned land. Over 200 are currently under construction and nearly 50 are under agreement or sold. Each project is moving the city closer to the goal of building 1,000 new Turn The Key homes.
These new homes will cost no more than $280,000 and are available for purchase by qualified first-time homebuyers who apply to Turn the Key initiative. City of Philadelphia employees get first preference.
Invited Speakers:
Councilmember Mark Squilla, First District
Council President Darrell Clarke, Fifth Distict
Mo Rushdy, Owner & Founder, Riverwards Group
Lawrence McKnight, Co-Owner & Founder, Riverwards Group
Christopher Annas, CEO, Meridian Ban
Pam Russakoff, Mortgage Consultant, Prosperity Mortgage
David Thomas, President and CEO of PHDC
Angel Rodriguez, Executive Director of the Philadelphia Land Bank and Senior Vice President of Land Services for PHDC
WHEN: Tuesday, December 19, 2023, at 10:30 a.m.
WHERE: 2229 East Williams Street, Philadelphia, PA 19134
WHAT: Turn The Key puts vacant publicly owned land back into productive use while increasing the limited supply of affordable homes available for purchase in the city. Income requirements for homebuyers can be found on the Turn The Key webpage. To increase affordability, 20-year notes placed on Turn the Key properties are forgivable and mortgage buydown assistance funds are available. Turn the Key participants can also apply for Philly First Home grants of up to $10,000 for down payment and closing costs.
DETAILS: This event will be open to the public and the press.
City, PHDC, Developer and Community Partners Break Ground To Build 22 New Condominiums and Single-Family Homes In Haddington, to be known as Pastor Allen Homes
Celebration highlighted Turn The Key’s diverse affordable homeownership options and provides more housing stock in limit market
Groundbreaking for Pastor Allen Homes, 22 new condominiums/homes in Haddington. From left: Brennan Tomasetti,, Vanessa L. Owens, Darrell L. Clarke, Henrietta Lemmon Barnes Allen, wife of the late Pastor James S. Allen, Curtis Jones, David Thomas, Angel Rodriguez, and Michael Tomasetti
Philadelphia December 4, 2023
Contact: jamila.davis@phila.gov
WHO: PHDC and the City of Philadelphia join City Officials, developers and community partners broke ground on 36 new Turn The Key condominiums and single-family homes. Condominiums are an even more affordable homeownership opportunity for Philadelphians. Prices for the condominiums and the single-family homes will not exceed $250,000. Units are 2-3 bedrooms and 1.5-2 baths. Turn the Key helps put vacant publicly owned land back into productive use, while also increases the limited housing stock in the city by providing additional options for purchase.
City of Philadelphia employees get first preference.
Speakers:
City Councilmember Curtis Jones, 4th District
City Council President Darrell L. Clarke, 5th District
Pastor Ralph E. Blanks, Vine Memorial Baptist Church
Vanessa L. Owens, Community Mortgage Sales Manager, TD Bank
Brennan Tomasetti, Co-Founder, Civetta Property Group
David Thomas, President and CEO of PHDC
Angel Rodriguez, Executive Director of the Philadelphia Land Bank and Senior Vice President of Land Services for PHDC
WHEN: Monday, December 4, 2023, at 10:00 a.m.
WHERE: 534-40 North 54th St., Philadelphia, PA 19139
WHAT: Income requirements to purchase the homes can be found on the Turn the Key webpage. To increase affordability, 20-year notes placed on Turn the Key properties are forgivable and mortgage buydown assistance funds are available. Turn the Key participants can also apply for Philly First Home grants of up to $10,000 for down payment and closing costs.
DETAILS: This event will be open to the public and the press.
For more information on Turn the Key, please visit: Turn The Key – MAKING PHILADELPHIA BETTER BLOCK BY BLOCK (phdcphila.org)
City of Philadelphia and Community Ventures Break Ground to Create New 30+ Units of Supportive Housing
Groundbreaking at Old First House for Housing for the Chronically Homeless at 4th and Race Streets
Public and Private Partnership Creates Additional Housing for Chronically Homeless in Converted Church in Old City
Contact: Jamila Davis, PIO for the City’s Department of Planning and Community Development, jamila.davis@phila.gov,
Troy Hannigan, Director of Development, thannigan@community-ventures.org
PHILADELPHIA, PA-NOVEMBER 20, 2023-The City of Philadelphia and Community Ventures celebrated the ceremonial groundbreaking of Old First House. This affordable housing mixed-use development will create 34 permanent supportive housing units for the chronically homeless.
Old First House will redevelop an underutilized portion of Old First Reformed UCC’s property along the 100 block of N. 4th Street. The Old First House building will include 2,656 square feet of ground floor commercial space at the corner of 4th & Race and new ground floor offices and multipurpose room for the Church. The second through fifth floors will include 34 small efficiency units ranging in size from 277 SF to 353 SF and a residential community room.
To accommodate the new building, there will be a relocation of a circa 1760 three-story building known as 151 N. 4th Street later in the week. The link to livestream the move will be provided at the groundbreaking. The building will be moved approximately 48 feet to the south on the project site and be fully renovated and restored. The 1760s building has been used by Old First Reformed UCC since the 1970s as their parsonage and later their church office space. After the relocation, the building will remain as a portion of their office space. The building is being moved by Wolfe House & Building Movers.
“On behalf of Mayor Jim Kenney, the Division of Housing and Community Development and our great partners at PHDC and the Office of Homeless Services, the City is so very excited for this project,” said Melissa Long, Director of the City’s Division of Housing and Community Development. “DHCD gave over $3.7 million to this project. This is because the City is committed to strategies to help create safe and permanent housing options. The affordable housing crisis is real, and much more funding is needed. But with the local, state and federal funding we do receive, we are able to fund projects like this and others that give Philadelphians the chance to have a home or keep their home-which is life-changing. I am grateful to be a part of this work for our city.”
“Our City desperately needs affordable living options for our unhoused population,” said Councilmember Mark Squilla, District 1. “I am pleased to have this development in the Council district I represent and am grateful to Old First Reformed UCC and the other partners on this project for bringing it to fruition.”
Since the 1980s, when then-Philadelphia Mayor Wilson Goode called on congregations to open their doors to the homeless population, Old First Reformed UCC has sheltered 30-45 homeless men in their social hall, located on the first floor of the church, during the six coldest months out of every year. This project will be an extension—and an improvement—of Old First Reformed UCC’s long-term efforts to shelter the homeless. This project will move Philadelphia closer to its ultimate goal of welcoming all of its citizens off the street and into safe and affordable housing.
“For an historic church, it’s a great new beginning. We’ve been sheltering homeless men each winter since 1986. It’s about time we break ground on providing permanent housing..” said Pastor Michael Caine, “We’re grateful and excited to be working with our partners to make a difference in the lives of our neighbors.”
“We are at this point because Old First UCC invited Community Ventures here some 7 years ago and asked us what we would propose to build on this site. We suggested that the plan be supportive housing as an extension of the work the church had been doing for over 30 years,” said David La Fontaine, Executive Director of Community Ventures, “This project has been made possible not just with the generosity of the Old First congregation but also with the very strong support from several other organizations, both public and private.”
The project has received funding commitments from the City of Philadelphia’s Division of Housing and Community Development (DHCD), Low Income Housing Tax Credits and additional funding from the Pennsylvania Housing Finance Agency, and operating subsidy from the Philadelphia Housing Authority (PHA). Old First House will also include a construction loan from TD Bank, equity investment from the National Equity Fund, and a permanent loan from Community Lenders.
ABOUT COMMUNITY VENTURES
Community Ventures is a non-profit affordable housing developer, founded in 1987 to work in partnership with neighborhood-based organizations with the goal of improving communities and increasing the supply of affordable housing. Community Ventures has developed over 470 units of affordable housing including rental, homeownership, and permanent supportive housing throughout Philadelphia and currently manages over 280 units of affordable housing. Community Ventures is the developer and property manager for Old First House. www.community-ventures.org
ABOUT OLD FIRST REFORMED UCC
An historical church, founded in 1727, Old First is Philadelphia’s fourth oldest congregation and one of the “mother-churches” of the United Church of Christ. It is also a lively, progressive congregation with a variety of ministries to our current day and time. For 36 years, among its ministries to homeless and economically disadvantaged neighbors, it has hosted a Winter Men’s Homeless Shelter. The church is excited by the next step forward, replacing the Shelter with permanent, supportive housing and welcoming new neighbors to Old City. www.oldfirstucc.org
ABOUT DEPAUL USA
Depaul USA is a national homeless services organization, currently working in eight cities across the United States and affiliated with Depaul International Group. Depaul USA operates 20 different programs providing services ranging from permanent and transitional supportive housing to jobs programs and health clinics. They assist homeless men and women to realize their potential through an array of supportive services, with the goal of giving people the tools they need to permanently exit homelessness. Depaul USA will be the supportive services provider and on-site property manager for Old First House. www.depaulusa.org
ABOUT DIVISION OF HOUSING AND COMMUNITY DEVELOPMENT (DHCD)
The Division of Housing and Community Development (DHCD) is the City of Philadelphia’s housing policy agency. DHCD is responsible for the funding and support of housing and community development programs that benefit low- and moderate-income residents and revitalize the City’s neighborhoods. This is accomplished through effective and innovative policy development and implementation.
DHCD administers the City’s housing budget, which is funded from a variety of public and private sources, including the U.S. Department of Housing and Urban Development, the Commonwealth of Pennsylvania and the City of Philadelphia. The Community Development Block Grant (CDBG) is the primary source of revenue from the U. S. Department of Housing and Urban Development and is used to fund and support housing and community development activities. Each fiscal year DHCD prepares the Consolidated Plan, which delineates how the grant and other funds will be used.
ABOUT PHDC
PHDC is the City of Philadelphia’s full-service community development organization. For over 50 years, PHDC creates and provides services and programs that makes Philadelphia a great place to live. PHDC helps residents, community groups, businesses and developers repurpose vacant land. PHDC also facilities the repair of homes and finances affordable housing projects. Supported by dedicated staff, PHDC works in every neighborhood in Philadelphia. The Philadelphia Land Bank and the Philadelphia Redevelopment Authority is staffed by PHDC, and PHDC works closely with the City’s Department of Planning and Development. Visit https://phdcphila.org/ to learn more.
PHDC & the City Provide 26 Affordable Units for Homeownership Through the Turn The Key Ribbon Cutting
Turn The Key ribbon cutting for houses on the 3200 block of Wharton Street. From left: Angel Rodriguez, Bernard Tynes, David Thomas, new Turn The Key homeowner Shonda Young, Kenyatta Johnson, President Darrell L. Clarke, Brennan Tomasetti, and Michael Tomasetti
Creating More Affordable Homeownership Opportunities for Middle Income Philadelphians
Posted November 17, 2023
Contact: jamila.davis@phila.gov
PHILADELPHIA — November 17, 2023 —Today PHDC and the City of Philadelphia celebrate Turn The Key’s expansion across the city with a ceremonial ribbon-cutting. Turn the Key is a public-private partnership funded through the City’s Neighborhood Preservation Initiative to help up to 1,000 Philadelphia families become first-time homebuyers. City of Philadelphia employees get first preference.
“The Turn the Key Program is working,” said David Thomas, President & CEO, PHDC. “If you are a middle-income, working-class Philadelphian and you want to buy a home, this current market can be challenging. The housing stock is limited, and many of the homes that have been renovated or newly built are out of the average resident’s price range. This program gives an opportunity for working individuals and families, many who serve the City of Philadelphia, the option to buy a brand new home while paying lower than what they may be currently be paying in rent! This program is a win-win for everyone-the city and the residents.”
This Turn the Key development on Wharton Street creates 26 units with prices range from $230-250K. All the homes are three-bedrooms, two full baths, and 17 of the 26 include basements.
“I am happy to see the completion of the first 26 homes to be built under ‘Turn the Key’ and they have been built in Grays Ferry in the Second District,” said City Councilmember Kenyatta Johnson (Second District) “These are the first of 1,000 affordable homes to be built across Philadelphia over the next several years. Philadelphia has experienced a development boom in recent years, and it is important to make sure that we make housing available for citizens of Philadelphia – regardless of their checkbook or pocketbook. I thank Council President Clarke and my colleagues for passing legislation to make this affordable home ownership program a reality. I am looking forward to the progress of the Turn the Key program in the future.”
“We’re proud to stand here at another Turn the Key Affordable Home Ownership closing today in South Philadelphia,” said Council President Darrell L. Clarke, the architect along with all of Council of the $400 Million Neighborhood Preservation Initiative, which includes Turn the Key funding. “We’re not wavering in our goal – 1,000 new affordable homes for deserving and qualifying Philadelphians.”
Turn the Key home prices will not exceed $280,000. Most homes will have three bedrooms and two bathrooms. To increase affordability, 20-year notes placed on Turn the Key properties are forgivable and mortgage buydown assistance funds are available. Turn the Key participants can also apply for Philly First Home grants of up to $10,000 for down payment and closing costs. The homes are being built on city-owned land in Brewerytown, Grays Ferry, Ludlow, East Kensington, Port Richmond, Sharswood/ Blumberg, Wharton, South Philadelphia, and West Poplar by private developers selected through an RFP process.
“As real estate developers, our company is incredibly proud to partner with the city of Philadelphia to deliver high-quality, new construction homes to hard-working citizens, at an affordable price,” said Brennan Tomasetti, Owner, Civetta Property Group. “As Philadelphians, my husband and I are proud to know our city is committed to implementing innovative solutions, focused on resolving the affordable crisis our city – and the majority of cities, across the country – are facing.”
“Community banks play a critical role in forging a path to fair and equitable housing for as many people as possible. In close collaboration with nonprofits, local governments, and dedicated developers, financial institutions like Penn Community Bank can serve as catalysts of change,” said Bernard Tynes, Penn Community Bank Chief Marketing and Impact Officer. “We are committed to making this dream of homeownership a reality for families throughout the region, including here in Philadelphia, because we know that accessible housing is the key to thriving and sustainable communities. Together, we’re helping families create generational wealth with homeownership, one mortgage at a time.”
Interested first-time homebuyers must be income eligible, submit an interest form and complete housing counseling.
For more information on Turn the Key, please visit: Turn The Key – MAKING PHILADELPHIA BETTER BLOCK BY BLOCK (phdcphila.org).
2023 PHDC Housing Fair Presented by Temple University and NBC10 Providing Resources, Programs and Services for Homeowners and Renters
October 21, 2023 – PHILADELPHIA – Today full-service community development nonprofit PHDC teamed with the City of Philadelphia to host the 2023 PHDC Housing Fair. The family-friendly fair took place at Temple University Aramark Student Training and Recreation (STAR) Complex, 1816 N 15th St, Philadelphia, PA 19121, from 10a-3p. This is PHDC’s first Housing Fair as was presented by Temple University and NBC10, was designed to address all aspects of housing. The fair had over 60 exhibitors, and over 3,000 persons pre-registered to attend.
“This is something we’ve wanted to do for a long time,” said David Thomas, CEO & President of PHDC. “As the City’s community development agency, we wanted to host an event that gave our residents the opportunity to learn about all the housing resources available in the city. Homeownership is a path to help individuals and families create generational wealth, and we are doing our part to give more Philadelphians the resources and information to make that happen. If persons are at a rental stage, a landlord or already a homeowner-we have programs and services for them too! We have said this event is “ALL THINGS HOUSING!”, and it definitely is. Thank you to Temple University, NBC 10, our additional sponsors, our exhibitors and everyone who came today to make our first event a huge success!”
The fair provided resources for current homeowners, potential first-time home buyers, renters, landlords and developers interested in learning more about finding, paying for, maintaining, and producing housing.
“Temple University is proud to join hands with PHDC, the City of Philadelphia, and NBC 10 in hosting the 2023 PHDC Housing Fair at our Aramark Student Training and Recreation (STAR) Complex,” said Shirley Moy, executive director of Temple’s Lenfest Center for Community Workforce Partnerships. “This event stands as a testament to our collective commitment to equipping residents with the knowledge and resources they need to navigate the intricate landscape of housing. As an institution deeply rooted in the heart of Philadelphia, we understand the profound impact that homeownership and quality housing have on building generational wealth and strengthening our vibrant communities. ‘ALL THINGS HOUSING!’ is more than just a slogan—it’s a promise to empower individuals and families at every stage of their housing journey. Together, we’re creating a brighter and more inclusive future for all Philadelphians.”
Attendees were able to meet housing counselors from City-funded agencies, mortgage lenders, realtors, insurance agents, representatives from relevant City of Philadelphia departments, local legal organizations, and other professionals in the housing industry.
“An event like the PHDC Housing Fair it is a can’t-miss opportunity for lenders and consumers alike,” said Justin Messer, President and CEO of Prosperity Home Mortgage. “The Housing Fair is a great opportunity not only for Prosperity to advance our mission of making affordable homeownership more accessible to all the members of our community, but also for our team members to educate potential borrowers about the mortgage process, provide resources on financial assistance programs that may be available, and encourage financial literacy. Prosperity is excited and honored to participate in this year’s event.”
“In today’s challenging environment for housing and home ownership, it’s very important to be aware of all of the resources available to help,” said Kathy Cummings SVP; Home Loans Fair Lending/CRA Strategy and Strategic Relationships Executive for Bank of America. “At Bank of America, we offer educational tools through experts in our financial centers and on our Better Money Habits site, where we can help people understand the basics of renting vs. buying, saving for and purchasing a home. We also offer access to one of the best homebuyer grant programs in the industry which can provide significant savings to those investing in their first home.”
Landlords learned about PHDC’s new Rental Improvement Fund program to assist small landlords (owners of five or fewer rental properties with 15 or fewer units) with funding for repairs to make their rental properties safe and keep them affordable.
“TD Bank is deeply committed to identifying meaningful and sustainable ways to accelerate housing affordability and stability, which is why we are proud to work alongside PHDC,” said Michael Innis-Thompson, Head of Community Lending & Development and Fair Lending Center of Excellence for TD Bank. “Today focused on continuing efforts to ensure a more inclusive financial future for Philadelphia families and educating them about the paths to homeownership. We had the opportunity to connect with aspiring homeowners about the potential barriers that so often slow the rate of homeownership in our communities and empowered them with viable solutions that can make the homebuying process more equitable and attainable.”
“Independence is proud to support this event and applauds the work the PHDC is doing,” said Kortney Cruz,SVP, Government Markets of Independence Blue Cross Blue Shield. “There are a lot of things that contribute to a community’s health that go far beyond the doctor’s office. Having access to adequate housing is at the top of the list, along with transportation, healthy food, and employment opportunities. Addressing these underlying social and environmental factors head on is important to us. We believe it will help ensure that there are better and more livable communities for our aging adult population and beyond.”
The fair included:
- Interactive KID ZONE featuring games, Make and Take Crafts, and other activities (Sponsored by Civetta Property Group and Fulton Mortgage Company)
- Games and Great Prizes throughout the day
- Independence Blue Cross FREE Chair Massages
- The Chill Zone sponsored by PhillyWorkForceHomes.com
- Free PHDC tote bags upon entry
Event Sponsors include Prosperity Home Mortgage, LLC, Bank of America, TD Bank, and Independence Blue Cross. Additional sponsors include Truist, Civetta Property Group, Frankel Enterprises, and Fulton Mortgage Company.
For more information and pictures (will be posted within 24-48 hours), please visit: https://phdcphila.org/housingfair/
PHDC, City of Philadelphia, & Jevs’ Orleans Technical College Hosted 3rd Building Trades & Construction Hiring Fair
>Contractors, Developers, and Businesses across the City sought persons skilled in the trades
September 21, 2023
Philadelphia – Yesterday the Philadelphia Housing Development Corporation (PHDC), The City of Philadelphia, and Orleans Technical College (Orleans Tech), a program of JEVS Human Services, hosted a Building Trades and Construction Hiring Fair.
More than 100 employers participated. This is the third Hiring Fair hosted by PHDC & Orleans Tech. The first was held in 2019.
According to the National Association of Home Builders, the top 25% in most construction trades professions earn at least $60,000 annually. People do not need to follow the traditional college path to get there.
The US Bureau of Labor Statistics outlines the average salaries of persons in the trades, and many fields are pathways to career longevity, entrepreneurship, and building generational wealth.
“This is the third time PHDC and JEVS Orleans Tech have partnered to host this hiring fair for building trades and construction professionals,” said David Thomas, President and CEO of PHDC. “For over 50 years PHDC has helped Philadelphians preserve and maintain their homes, as well as help build affordable housing. The goal of this event is to match qualified Orleans students as well as other trades professionals with the building and construction industry. Many companies are looking to increase their capacity with skilled talent, and this event is the connection for that to happen. By doing this we can help more Philadelphians get not only a skill, but a career, and help increase these businesses’ bottom line – it’s a win-win for everyone.”
“JEVS Human Services is honored to come together with PHDC and the City once again to host the hiring fair,” said Cynthia F. Figueroa, President and CEO of JEVS Human Services. “We are excited to bring together employers and job seekers and create opportunities that lead to their future success. Our Orleans Technical College, where we held this event, provides career and technical education focused on employer-responsive programs in the skilled and construction trades sector. We measure our success and impact by matching well-trained graduates with employers committed to offering sustainable employment and growth opportunities.”
About PHDC
PHDC is Philadelphia’s full-service community development organization. From home repair to financing affordable housing, PHDC preserves and develops housing. PHDC also helps residents, community groups, businesses, and developers repurpose vacant land. Each initiative supports amenities that make Philadelphia neighborhoods great places to live. For more information on PHDC’s programs, please visit: https://phdcphila.org.
About Orleans Technical College
JEVS’ non-profit career training school, Orleans Technical College, prepares adults for new futures. Since 1974, Orleans Tech has helped students move toward one common goal: learning new skills to enhance their success in the workforce. Ranging from healthcare to building trades, Orleans Tech offers a variety of six-month job training programs. Graduates are prepared for employment through hands-on learning and real-world experience. For more information, please visit www.jevs.org and www.orleanstech.edu.
PHDC Celebrates First Turn The Key Closing, Settlement & Move-In With Ribbon Cutting
Turn the Key initiative is building brand new affordable homes on City-owned land;City Employees get first preference
PHILADELPHIA — September 7, 2023 —Today PHDC and the City of Philadelphia celebrate Turn The Key’s first closing, settlement and move-in with a ceremonial ribbon-cutting.
Turn the Key is a public-private partnership funded through the City’s Neighborhood Preservation Initiative to help up to 1,000 Philadelphia families become first-time homebuyers. City of Philadelphia employees get first preference.
“Turn the Key works!” said City Employee who hosted the ribbon-cutting in front of their brand new home. “I heard about Turn the Key on the job. Applying was straightforward. I went through housing counseling, got a mortgage, and now have a new home. I am still surprised how quickly this all came together. I hope other city employees take advantage of this opportunity.”
“Living in Philadelphia is a requirement for City employees. City Council, the Mayor and PHDC want to give them a fair shot in obtaining quality housing and building assets,” said David Thomas, President & CEO, PHDC. “Turn the Key gives City employees and other Philadelphians a chance to buy a new home in areas that might otherwise be out of reach in the rapidly changing real estate market.”
“We’re proud to be here today to celebrate and welcome the first homeowner under the city’s Turn The Key Affordable Homeownership Initiative,” said City Council President Darrell L. Clarke, whose office conceived the Turn the Key program under the larger umbrella of the Neighborhood Preservation Initiative, a $400 Million neighborhood revitalization and preservation program approved by City Council and the Kenney administration. “As excited as we are for today, we have miles to go – and hundreds and hundreds of affordable homes to build and sell to deserving city residents and city workers – before we sleep. We’re going to keep building and marketing and selling these affordable homes all over Philadelphia. This is a good day.”
Home prices will not exceed $280,000. Most homes will have three bedrooms and two bathrooms. To increase affordability, 20-year notes placed on Turn the Key properties are forgivable and mortgage buydown assistance funds are available. Turn the Key participants can also apply for Philly First Home grants of up to $10,000 for down payment and closing costs.
“As we face increasing housing prices in Philadelphia, we need programs like Turn the Key to offer affordable home ownership to strengthen neighborhood,” said Councilmember Mark Squilla, 1st District. “I am pleased that residents who work for the City will have an opportunity to buy their first home through this great program. When you live and work in the City, you are motivated to become involved in the community and improve the quality of life for all.”
The homes are being built on city-owned land in Brewerytown, Grays Ferry, Ludlow, East Kensington, Port Richmond, Sharswood/ Blumberg, Wharton, South Philadelphia, and West Poplar by private developers selected through an RFP process.
“On behalf of myself and my partners Joseph Byrne and Danny Govberg, we are honored to be selected as developers to participate in such a great program with City of Philadelphia and PHDC to develop a great product throughout Philadelphia and selling them through the “Turn the Key” Initiative,” said Justin Veasey, Co-Founder, BVG Property Group. “The City of Philadelphia, PHDC and the Philadelphia Land Bank have done a great job assembling a strong team as well as selecting some of the best developers in the City to execute this vision. We believe this is going to be a great opportunity for so many first-time homebuyers in the city and hope to stay involved with it over the next few years!”
“As Philadelphians, Mike and I are incredibly proud to play a part in bringing more affordable housing options for the city’s workforce,” Brennan Tomasetti, Co-Founder, Civetta Property Group. “It is an honor to make an impact in the city we love. The lack of affordable housing is a nationwide issue, and we are pleased to see the City of Philadelphia take initiative, with a problem-solving mindset.”
Interested first-time homebuyers must be income eligible, submit an interest form and complete housing counseling.
For more information on Turn the Key, please visit: Turn The Key – MAKING PHILADELPHIA BETTER BLOCK BY BLOCK (phdcphila.org).
PHDC Celebrates The Launch Of The Rental Improvement Fund
PHDC’s Rental Improvement Fund provides forgivable and 0% loans to help small landlords pay for repairs to maintain affordable rental units
August 23, 2023
PHILADELPHIA — PHDC announces the Rental Improvement Fund (RIF). This program offers eligible landlords citywide forgivable and 0% interest loans to cover the cost of much needed repairs and maintenance in exchange for rent stability.
PHDC recruited landlords who had previously worked with other PHDC programs and services to participate in a small RIF pilot. After months of testing the loan products with this initial group of landlords, PHDC is ready to launch RIF to small landlords across Philadelphia.
“With the help of the Rental Improvement Fund, landlords across the city will finally be able to give their buildings the necessary updates needed to assure a comfortable living space for residents,” said David Thomas, CEO of PHDC.
RIF loans can be used for repairs and upgrades such as roofs, windows and doors; asbestos, mold and lead remediation; and electrical, plumbing and heating/cooling improvements.
RIF is partially funded by the Neighborhood Preservation Initiative and Whole Home Repair Fund.
“Thanks to the Neighborhood Preservation Initiative and Whole Home Repair funding, this program will help many landlords across the city provide affordable and safe units to rent,” said Mayor Jim Kenney.
“This funding will improve rental units around Philadelphia without passing that cost to renters,” said State Senator Vincent Hughes. “We need to make sure rentals in Philadelphia are safe and in good condition, but also affordable. Tenants should not be expected to pay a premium to have a nice, well maintained place to live. With Whole Home Repair funds that Democrats fought hard for in Harrisburg, this program will enable landlords to provide comfortable spaces for renters to live while keeping the cost of rent stable.”
RIFoffers two types of loans, 10-year forgivable loans up to $24,999 and 15-year 0% interest loans up to $50,000. To qualify landlords must:
- Own no more than five rental properties and no more than 15 rental units
- Have a rental license and property insurance, unless the loan will be used to address repair issues that currently prevent the property from getting a license and/or insurance
- Be current or in a payment agreement for city taxes and able to produce a tax compliance certificate
“Everyone deserves to live in a home that is safe, healthy, and affordable, regardless of whether that home is owned or rented,” said State Senator Nikil Saval. “When our small landlords are forced to sell their properties or to forgo repairs, the loss of this housing is experienced across the city, and the repercussions are irreversible. When we create the means to shore up our small landlords, properties are preserved, communities are stabilized, and residents can stay in their homes. I’m incredibly proud for dollars from the Whole-Home Repairs fund to support this important initiative.”
“Through the Rental Improvement Fund, we are pushing back against the affordable housing crisis by keeping our existing stock online,” Councilmember Jamie Gauthier (3rd District) said. “As construction costs continue to soar, I am proud to invest in community-minded landlords that provide working class and low-income residents with the high quality, safe, and stable housing they need to thrive and survive.”
Any L&I violations issued during the loan term must be corrected within six months and landlords must maintain a valid rental license and property insurance. Landlords qualify for loan forgiveness or the preferable 0% interest rate by capping annual rent increases at no more than 3% during the loan term.
“The Rental Improvement Fund has helped me so much”, said a participating Philadelphia Landlord. “It feels good to provide a newly renovated, safe and comfortable home that my tenants can afford and enjoy without putting me in overwhelming debt.”
For more information, please visit phdcphila.org/residents-and-landlords/ landlords/rental-improvement-fund/
The City of Philadelphia, Impact Services and Community Leaders Celebrate Ribbon-Cutting for the Mill Redevelopment Project
July 20, 2023
Contact: Jamila Davis, PIO for PHDC & DPD, 215-686-9727, jamila.davis@phila.gov or
Paul Marcus, Real Estate for Impact Services, pmarcus@impactservices.org, 267-209-0450
PHILADELPHIA , PA – Today City officials, Impact Services, Government Officials and Community leaders celebrate the ribbon-cutting for the Mill Redevelopment Project at A & Indiana. This project is providing 48 rental units of affordable housing, office space for nonprofits including Impact Services and additional commercial space.
Impact Services has been working for more than 40 years in collaboration with Philadelphia residents to build economic opportunity and community stability. In 2017, with support of the Regional Foundation, Impact Services undertook a community planning process and engaged more than 300 residents to prioritize and guide the investment of Impact Services. The redevelopment of this site was a priority in the plan to support the stabilization of the Hope Park focus zone. This building reactivation has been coupled with renovation of homes, beautification of vacant lots, regular street cleaning, and most importantly this work has been led by a group of longtme residents.
All of the work was made possible through partnerships with neighbors, local elected officials, mission aligned service organizations such as HACE, NKCDC, and Rebuilding Philadelphia Together as well as funders listed below.
“This building is an essential part of a comprehensive plan to bring safety and stability to Kensington for the residents that are living here today,” said Casey O’Donnell, Impact Services President. Just as important as the restoration and repurposing of this factory is the collaborative work in these surrounding blocks led by neighbors who have been here for years.”
Following its closure in 2009 as a paper archiving warehouse Impact Services has worked to steward the site until redevelopment was feasible. It was originally constructed as a carpet mill in 1896 and represents the history of Kensington which was once thriving with manufacturing and thousands of workers lived within walking distance of mills such as the one at A & Indiana. Impact Services has created a vision of a multi-use community site where the affordable housing and 10,000sf of office and community space is the newest phase.
“Projects like this are important to the stabilization of neighborhoods in the City of Philadelphia,” said Melissa Long, Director of the Division of Housing and Community Development (DHCD). “Affordable Housing and community development is what DHCD, and the city’s community development partner PHDC, do every day. DHCD is proud to work with Impact Services and provide funding to make this project a reality.”
With the opening of the affordable housing, 48 families will have a decent, safe affordable place to live. Many of the prospective residents will be relocating from within the community where their housing situation is not stable and rents are rising. Many of the units are supported by rental assistance and rental rates for the units are 20-30% below the area market rents in Kensington. The completion of this project is a critical step that will enable Impact to move forward in the development of 60,000 sf of community serving office space and the redevelopment of a 10,000 sf property into a youth facility in partnership with a local nonprofit.
“Our job is to find the resources to actualize the vision of neighbors,” said O’Donnell. We are grateful to have the partnerships that make progress possible. We would not be standing here today were it not for residents, elected officials, government agencies, funders, and other stakeholders who share in our mission.”
Funding Partners: The City’s Division of Housing and Community Development (DHCD), PHDC, Neubauer Family Foundation, Pennsylvania Housing Finance Agency (PHFA), Federal Home Loan Bank of Pittsburgh, Philadelphia Housing Authority, Citizens Bank, Alliant Capital, A Walker & Dunlop Company, Philadelphia Industrial Development Corporation (PIDC), Nonprofit Finance Fund, PIDC, Sea Change, Partners for the Common Good, Local Initiatives Support Corp (LISC), Reinvestment Fund, Community First Fund, Corporation for Supportive Housing.
Project Professional Partners: Clemens Construction, Barton Partners, Rodriguez Consulting, Turner Law Legal, Becker & Frondorf, Community Realty Management, Delta Development, Marcus Reinvestment Strategies
To learn more about Impact Services, please visit: hIps://www.impactservices.org/
City of Philadelphia and PHDC Announce Phase 2 of Successful Pilot Program for Minority Developers
May 26, 2023
Contact: Jamila Davis, PIO, Department of Planning and Development & PHDC, jamila.davis@phila.gov
PHILADELPHIA, PA – The City of Philadelphia and PHDC announce Phase 2 of the pilot program that assists in addressing the lack of diversity in the Philadelphia real estate development and construction industry, PHDC’s Minority Developer Program (MDP).
“We are proud of the success of the Minority Development Program in Phase 1 and look forward to continuing to provide more opportunities for small and mid-size developers to create jobs and expand their portfolio of developments,” said Mayor Jim Kenney.
MDP is a hands-on, business assistance program for small developers and contractors in Philadelphia. The program promotes wealth creation and business growth among minority developers. The applications process for Phase 1 began in August of 2021.
“Phase 1 of MDP was a success,” said David Thomas, CEO, PHDC. “We have brainstormed ways to improve the program to make it even more robust for those that participate in Phase 2. Our goal is to increase the bottom line for minority developers and give them the tools they need to flourish in the marketplace.”
MDP’s goals include developers to gain experience, improve balance sheets, and create mentorship opportunities with larger scale developers. Participants are able to enhance their marketing, budgeting and cost analysis skills.
Almost 70 developers applied to Phase 1 of the MDP. The developers represented varying levels of capacity from just starting out to established small to mid-size companies. There were sixteen developers that were selected to participate.
In January of 2022, PHDC launched MDP. The program provided 18 hours of technical assistance for every developer selected. Because of the expertise gained in MDP, six MDP developers were awarded proposals, helping create 151 new units of affordable or mixed-income housing.
“Getting city-owned land back into productive use while helping minority developers learn how to better navigate development within the city is rewarding,” said Angel Rodriquez, Senior Vice President of Land Services, PHDC/Executive Director, Philadelphia Land Bank. “We saw successful projects in 2022 that included MDP developers, and I am looking forward to even more in 2023 and 2024.”
“As a participant in the Minority Developers Program, I am excited to use and share all the new tools I’ve learned from the program and my mentor-The Riverward Group (RWG),” said Dawud Bey, Owner and Chairman of Fine Print Construction (FPC). “MDP helps developers gain tools and strategies to successfully apply for publicly owned land. Combining that knowledge with access to the Philadelphia Accelerator Fund helps close the economic gap between people of color and bigger majority-owned development firms. This model has helped my firm and RWG purchase several lots from the city and get predevelopment funds. This is huge for someone like me (a returning citizen) who is using my business to not only change my life, but the lives of those in my family and community! Now FPC is excited to mentor and partner with new MDP participates so we can repeat history!”
“MDP is a great example of a true practical based program that will make a difference in scaling up black & brown developers by leveraging public land that the city owns,” said Mo Rushdy, Managing Partner of The Riverwards Group, Vice President of Philadelphia Building Industry Association and Board Chair of The Philadelphia Accelerator Fund. “My company has already formed two different partnerships with black developers to build over 120 mixed income single family homeownership units as part of PHDC’s Turn the Key Program. I am so excited for the prospects that the MDP will bring to the development community. MDP is a game changer.”
The RFQ for Round 2 of MDP is available until June 23, 2023, and must be completed and submitted in its entirety by that date. No applications will be accepted after this date. Participants will be selected early July 2023. If participants applied to Round 1 but were not selected, they need to apply again.
MDP RFQ can be found here: https://phdcphila.org/rfps-rfqs-sales/professional-services-rfps/ Developers can direct questions about the RFP to mdp@phdc.phila.gov through June 5, 2023.
Questions from the press and community can be emailed to jamila.davis@phila.gov.
Visit https://phdcphila.org/mdp/ for more information.
Eviction Diversion Program Now Includes Targeted Financial Assistance Component
Contact: Jamila Davis, PIO, Department of Planning and Development & PHDC, jamila.davis@phila.gov
PHILADELPHIA, PA-January 31, 2023-Today the City of Philadelphia and PHDC announced the creation of a Targeted Financial Assistance (TFA) component of the City’s successful Eviction Diversion Program. Eligible landlords and tenants participating in the Eviction Diversion Program may be selected to apply for a one-time payment from the City to a landlord to cover a tenant’s rent arrears.
The City of Philadelphia’s FREE Eviction Diversion Program (EDP) helps landlords and tenants resolve disputes and avoid going to court. EDP facilitates satisfactory and sustainable landlord-tenant agreements through mediation or supported direct negotiation. Per City Ordinance # 220655, EDP is required before a landlord can file an eviction in court. Landlords initiate the eviction diversion process after sending tenants the Notice of Diversion Rights (NOR).
City officials have allocated 30 million in funding to TFA. The benefits of participation in the Eviction Diversion Program are:
- Tenants avoid an eviction filing or judgment on their record that could prevent them from accessing quality housing in the future.
- Landlords save money by avoiding court fees and attorney expenses.
- The court reduces caseloads, putting less strain on the court system.
- Low-income renters and landlords are assisted with applications for rental assistance and other resources to stabilize their housing during the pandemic.
- Landlords recoup back rent owed while avoiding vacancies and unit turnover costs.
“The Eviction Diversion Program is a means for the City to help tenants and landlords resolve residential rental issues while avoiding a costly or drawn-out court process,” said Mayor Jim Kenney. “With this new Targeted Financial Assistance component, people who fell behind on their rent have the opportunity to start over and keep their home.”
TFA may be awarded if a tenant and landlord are eligible and participate in the program in good faith. The award is equal to the total amount of arrears plus one-month’s rent. Eligibility is determined after an Eviction Diversion application is submitted. Good Faith Participation means that a tenant and landlord have both made reasonable efforts to complete the program.
Over 4000 landlord/tenant pairs have participated in previous iterations of the Eviction Diversion Program since 2020. Almost 75 percent of participants have reached an agreement that allowed the tenants to remain in their residences and avoid eviction.
Between May 2020 and January 2023, the City and PHDC disbursed nearly 300 million in federal, state, and local emergency COVID relief dollars to assist over 46,500 households. For most of this period, landlords and tenants applied directly to PHDC’s PHLRentAssist program to access these funds. PHLRentAssist closed to new applications on January 2022 and had disbursed all remaining funds as of January 2023.
For a landlord to meet the definition of good faith participation, the following conditions must be met:
- Provide evidence that the Notice of Diversion Rights was sent to tenant, updated ledger account of any balances owed, and any additional issues to address through mediation as required.
- Provide current and accurate contact information for tenant as part of the Eviction Diversion Program application.
- Respond timely to requests for communication from a tenant, a housing counselor, or City-funded agency representative to resolve application issues or reach an agreement.
- Attend mediation sessions as scheduled. A landlord may have an agent attend, but the landlord must be available by phone to participate if needed. The agent must have all necessary information and authority to resolve disputes and enter into agreements.
- During mediation, the landlord must make reasonable efforts to address all lease issues that could lead to eviction in addition to applying for rental assistance.
- If eligible for Targeted Financial Assistance, a landlord must apply for TFA within 5 days of EDP application approval. Landlords will be notified of eligibility and provided with instructions for the TFA application.
For a tenant to meet the definition of good faith participation, the following conditions must be met:
- Tenant must actively participate by attending mediation sessions as scheduled. If not, a tenant risks non-compliance and the legal process of eviction.
- Tenant must attempt to address all issues raised.
- Tenant must submit all requested materials for Targeted Financial Assistance within 5 days of request.
For more details about “good faith participation” and other aspects of the Eviction Diversion Program, see questions about the Eviction Diversion Program application and mediation process, contact Cora Good Shepherd Mediation at evictiondiversionprogram@coraservices.org or the Eviction Diversion Program Tenant Hotline at 215-523-9501.
For general questions about tenant’s rights, free legal advice and possible representation, tenants may call the Philly Tenant Hotline at 267-443-2500 or visit Phillytenant.org.
PHDC Announces Finalists of Group 2 Awardees For ARTisPHL – Philly Artists Connecting Communities
Contact: Jamila Davis, PIO, Department of Planning and Development & PHDC, jamila.davis@phila.gov
PHILADELPHIA, PA-January 24, 2023-Today PHDC and the James L. Knight Foundation are excited to announce the three local Philadelphia artists selected to receive funding to implement their community-based public art ideas through the ARTisPHL program.
Each of the three selected artists will receive an award of $30,000 to develop their project.
“Cobbs Creek Art Club” by Linda Fernandez
Cobbs Creek Art Club will be a monthly workshop for adults in the Cobbs Creek neighborhood. The monthly workshops will create an empowering space for community members to spend time exploring the natural environment and expressing themselves through art.
“The Communal Griddle” by Eugenio Salas
The Communal Griddle project represents the evolution of a fire-powered sculpture, originally designed, and made collaboratively with other Latinx immigrant laborers, to engage communities confronting food waste and insecurity across the city. This project creates an opportunity to activate the sculpture in diverse settings through a participatory re-design process. Through community engagement, performances, and documentation, the project will serve as a platform for community-building and storytelling.
“The Fourth Trimester” by Nikki Brake Silla
THE FOURTH TRIMESTER is a call to action, highlighting the lack of support Black women and birthing folx receive before, during and after pregnancy. Our intent with THE FOURTH TRIMESTER is to have ten participants in a six-week psychotherapeutic group, helmed by a licensed Social Worker, reproductive psychotherapist, and International Board-Certified Lactation Consultant, Jabina Coleman, that will combine group therapy with individually devised monologues, patterned after A.M.A. – AGAINST MEDICAL ADVICE.
“We are excited to announce the three selected ARTisPHL artists representing their communities,” said David Thomas, CEO of PHDC. “The ARTisPHL program opens the door for PHDC and the City of Philadelphia to further a long commitment to art through allowing artists to create new reflective avenues of expression. Congratulations to the finalists!”
To learn more about each of our awardees and hear them discuss the projects in their own words, please visit ArtIsPHL.com.
About ARTisPHL
ARTisPHL is a first of its kind, multi-round program designed to create high-quality, artist-driven and community-informed public art. Artists from across Philadelphia will reimagine how we engage with each other and our communities. This program, made possible with $150,000 of public funds and $150,000 from John S. and James L. Knight Foundation, supports local artists who are interested in expanding public art in Philadelphia. Full program details can be found at ArtIsPHL.com.
About the John S. and James L. Knight Foundation
Knight Foundation is a national foundation with strong local roots. We invest in journalism, in the arts, and in the success of cities where brothers John S. and James L. Knight once published newspapers. Our goal is to foster informed and engaged communities, which we believe are essential for a healthy democracy.
About PHDC
PHDC is Philadelphia’s full-service community development organization. From home repair to financing affordable housing, PHDC preserves and develops housing. PHDC also helps residents, community groups, businesses and developers repurpose vacant land. Each initiative supports amenities that make Philadelphia neighborhoods great places to live.




