With a diverse selection of land, properties and financing tools to offer, PIDC provides a full set of resources for real estate development in Philadelphia.
The process for sale or leasing of individual locations differs for each property type. We invite you to search the available property listings below and contact PIDC to discuss your real estate needs.
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Neighborhood Development Loan
The Neighborhood Development Loan, currently in a pilot phase, provides affordable financing to fill funding gaps for developers of mixed-use, commercial and industrial projects located throughout Philadelphia’s neighborhoods.
Subordinate Term Loan
Financing for experienced developers of commercial and industrial projects to fill a hole in the capital stack for a specific project.
Welcome Fund (EB-5) Loan
Low-interest senior financing offered exclusively for large-scale, job-creating projects undertaken by strong governmental, corporate, or institutional entities.
Bridge financing available to companies' projects that have been awarded a public grant and are in need of short-term financing.
Tax Exempt Bond Program
Administered by PIDC, provides tax-exempt bond financing for capital projects or equipment lease/purchase by certain manufacturing or 501(c)(3) organizations.
New Markets Tax Credits (NMTC)
A federal tax credit program designed to generate private-sector capital investment in low-income areas for projects that develop communities, stimulate economic growth, and create jobs.
Tax Increment Financing (TIF)
An alternative financing tool that enables local taxing bodies to establish a district in a blighted area within which increases in taxes resulting from development of the district can be applied to project costs in the district or to project-related debt service.
Redevelopment Assistance Capital Program (RACP)
This Commonwealth-funded grant program supports the acquisition and construction of regional economic, cultural, civic and historical improvement projects.
Stormwater Management Incentive Program
Grant funding to non-residential PWD customers for the design and construction of stormwater projects.
Greened Acre Retrofit Program
Grant funding available for companies or contractors to build stormwater improvement projects across multiple properties in Philadelphia’s combined sewer area.
Investing in Our Communities
In South Kensington, a $38 million mixed use project has transformed an abandoned factory into affordable living space for inner city teachers and an educational hub for non-profit organizations.