Welcome to the DHCD News page! You’ll find information here that will help you participate in DHCD’s processes, or just follow our work.
The Legal Notices highlight opportunities to tell DHCD what you think. Public hearing notices and requests for comments all are posted here.
Earned Income Tax Credit Program
The Earned Income Tax Credit (EITC) is help for working people with low to moderate income. If your income in 2016 will be $53,505 or less, you could be eligible. DHCD has published a flyer in English and Spanish that details help in applying for this program. More
Developers Receive More Than $9.3 Million To Fund Affordable Housing In Philadelphia
Tax Credits will Help Build 495 Homes in the City
Today, eight developers received more than $9.3 million in Low-Income Housing Tax Credits (LIHTC) from the Pennsylvania Housing Finance Agency (PHFA) to construct affordable housing in the City of Philadelphia. The tax credits will support the building of 495 affordable homes. Two of these developments will receive additional funding from the City. The tax credits awarded to developers will be used to attract more than $98.6 million of investment funding for building and rehabilitating multifamily housing offering affordable rents. More
June 27, 2016
Mayor Kenney Requests, Developer Agrees to Contribute to Housing Trust Fund
$3.75 Million Deposited to Resolve Height Bonus at One Water Street
At the request of Mayor Kenney, PMC has contributed $3.75 million to the Philadelphia Housing Trust Fund to maintain eligibility for the height bonus at One Water Street. The payment was made on June 23.
“We’re pleased that the height bonus that PMC received will result in additional affordable housing for Philadelphia,” Mayor Kenney said. “Development funding provided by the Housing Trust Fund is leveraged many times over, making the value of this funding $15 million or more.”
The Housing Trust Fund was created in 2005 to support the development and preservation of affordable housing. Over its ten years approximately $30 million in HTF development funding has leveraged nearly $50 million in other public funding and more than $300 million in private funding. It has supported the production or rehabilitation of nearly 1,500 homes and the employment of nearly 10,000 construction workers. More
There are other ways to keep up with us.
Just follow us on:
or just tell us you’d like to stay informed.
We’ve Changed Our Name!
On January 4, 2016 Mayor Kenney signed an Executive Order that changes the name of the Office of Housing and Community Development (OHCD) to the Division of Housing and Community Development (DHCD).
The name change reflects our ongoing transition to the Office of Planning and Development (OPD) umbrella. OPD will enable us, alongside of partners like the Philadelphia Redevelopment Authority (PRA), Philadelphia Housing Development Corporation (PHDC), the Planning Commission, and Developer Services to more strategically guide housing and community development and to have an even greater impact in Philadelphia neighborhoods!
We have a new name, but the commitment to public service is still the same.
The name change was effective on July 1, 2016.
Job Opportunity at PHDC for Energy Auditor
The Philadelphia Housing Development Corporation (“PHDC”), has an opening for a Home Energy Auditor in its Weatherization Assistance Program. More