PIDC is committed to investing in the non-profit organizations whose services enhance the livability and vibrancy of Philadelphia.
Philadelphia’s non-profit sector is substantial, diverse, and growing.
Over 2,100 public charities reside in the City boundaries, which collectively represent revenues totaling over $20B annually. Ranked first among American cities by Travel + Leisure Magazine for cultural interests, Philadelphia boasts world-class museums, historic sites of national importance, an award-winning performing arts community, and 9,200 acres of parks, among countless other recreational attractions. Philadelphia is also home to world-class hospitals, universities, and research institutions.
PIDC offers products and services designed to support and expand these foundational building blocks of Philadelphia’s economy. We have a wide range of resources to meet the varied needs of non-profits —flexible capital in the form of senior or subordinate term loans and a bridge loan for city and state grants like the Redevelopment Assistance Capital Program (RACP). PIDC can also facilitate tax-exempt financing.
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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Working Capital & Equipment Loan
Supports small and midsize businesses and nonprofits that need term financing for working capital, equipment, or leasehold improvements to support their growth.
Capital Project Loan
For businesses or non-profit organizations undertaking capital projects such as building acquisition, renovation, leasehold improvements or equipment that need additional subordinate financing to complete the project.
Contract Line of Credit
Provides small, minority, women, and disabled-owned businesses a line of credit to fund contract-related working capital.
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.
Commercial Mortgage Loan
Designed to support small businesses and nonprofits that need financing to purchase buildings that they either
currently occupy or intend to relocate to, these loans will be targeted to small businesses owned by minorities, women,
immigrants, veterans, or other disadvantaged populations as well as nonprofits and businesses located in low income
Revitalizing Commercial Corridors
In Midtown Village, the revitalization of 13th Street and its surrounding area has injected a new surge of activity into one of Center City’s most colorful commercial corridors.
La Cucina at the Market
A Referral to Success
La Cucina at the Market is a nine year old demonstration kitchen business owned by, Anna Maria Florio, a Philadelphia native, chef, and culinary instructor who trained in the Campania region of Italy. La Cucina offers a unique, interactive culinary experience with a rotating schedule of themed classes.