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) helps 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
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DHCD releases two studies on Persons Living with HIV/AIDS
On March 22, 2017 Frederick Purnell announced the release by DHCD of Stephen Metraux’s study “Homelessness and Housing Need among People Living with HIV/AIDS in Philadelphia: Three Studies.” Metraux writes “In Philadelphia, there has been one major study on this topic in 2001 and the last assessment
of housing for PLWHA in Philadelphia was conducted in 1996. Housing and health conditions have changed considerably in the city since then, underscoring the need for recent evidence to inform policy on housing and HIV/AIDS in Philadelphia, particularly focusing on homelessness and other forms of extreme housing distress.” More
On January 23, 2017 Frederick Purnell announced the release by DHCD of “Examining the Housing Situation for People Living with HIV in Philadelphia” by Toorjo Ghose,
School of Social Policy & Practice, University of Pennsylvania.
This report presents the results of a qualitative study examining the housing related
challenges confronting PWH in Philadelphia, and the manner in which The Housing Opportunities for People with AIDS (HOPWA), a federal housing program for low-income people living with AIDS, is addressing these challenges. More