Shallow Rent

In 2019 PHDC launched its new Shallow Rent program to provide rent assistance for tenants living in affordable housing projects who are rent burdened (i.e., spending more than 30% of their income on rent). Programs like the Low-Income Housing Tax Credit provide important income-restricted housing, but the rents are still too high for many Philadelphians. The Shallow Rent program currently provides over $1.6m in annual support for 394 tenants. Check back for future RFPs to enroll additional tenants. To be eligible tenants must live in income-restricted housing that was developed using public financing and tenants who participate must come through the property managers.