Philadelphia Housing Development Corporation (PHDC)
The Philadelphia Housing Development Corporation (PHDC) gives the following descriptive information:
The Philadelphia Housing Development Corp. is a success story! Under the forward leadership of [the Mayor], our elected officials and our board of directors, we are making positive contributions towards the revitalization of Philadelphia's neighborhoods.
Our core message is one of accomplishment. The initiatives we have undertaken during the past five years provide the foundation for further growth and development within the city. Our partnerships with both for-profit and nonprofit organizations mean increased support and investment in targeted neighborhoods. These initiatives often leverage private capital that improves local economic conditions.
We know that homeownership is one of the best ways to empower people because it gives them a stake in their neighborhood. Through our preservation programs, Basic Systems Repair Program, Weatherization Assistance Program and Adaptive Modifications Program, we enable residents to stay committed to their community. The ensuing neighborhood stability improves physical conditions and increases property values.
PHDC is creating viable communities. Be assured that we will continue to provide effective housing programs that benefit the low- and moderate-income residents of Philadelphia.
PHDC has been serving Philadelphia neighborhoods since 1965.