PIDC
Capital for Growth
 
 
 
 

Project Development Finance

PRODUCTS

Neighborhood Development Loan

The Neighborhood Development Loan, provides affordable financing to fill funding gaps for developers of mixed-use, commercial and industrial projects located throughout Philadelphia’s neighborhoods.
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Subordinate Term Loan

Financing for experienced developers of commercial and industrial projects to fill a hole in the capital stack for a specific project.
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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.
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Bridge Loan

Bridge financing available to companies' projects that have been awarded a public grant and are in need of short-term financing.
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Additional Products

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Tax Advantaged Financing

PIDC can help to structure a variety of types of tax advantaged financing to fund your development projects.
New Markets Tax Credits (NMTC)
Tax Exempt Bond Program
Tax Increment Financing (TIF)
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Grants Administration

PIDC administers several Federal, State, and City grant programs. Get assistance for the application and administration process of these grants.
Greened Acre Retrofit Program
Redevelopment Assistance Capital Program (RACP)
Stormwater Management
Incentive Program