New Report: Impact of Philadelphia Community Development Corporations

Posted by on January 07, 2013

PACDC UNVEILS $3.3 BILLION ECONOMIC IMPACT OF CDCS TO THE LOCAL ECONOMY

COLLECTIVE STRENGTH:  The $3.3 Billion Impact of Philadelphia Community Development Corporations

Philadelphia’s community development corporations (CDCs) are among the best and most respected in the nation, and for good reason. During the past two decades, they have contributed more than $3.3 billion to Philadelphia’s economy through housing and commercial development and a range of community services, while also increasing household wealth, building the local tax base, revitalizing neighborhoods and creating thousands of jobs.

http://www.pacdc.org/sites/default/files/COLLECTIVE%20STRENGTH%20Report.pdf


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