From arts and culture, to social services, to major universities and hospitals, PIDC has specialized resources for this critical sector of Philadelphia’s economy.
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.
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 Grants Program
The Philadelphia Water Department (PWD) partners with PIDC to offer stormwater grants to fund the design and construction of stormwater retrofit projects on commercial, industrial, multifamily and institutional properties.