PIDC

PIDC is a nonprofit organization founded by the City of Philadelphia and the Chamber of Commerce for Greater Philadelphia in 1958... PIDC CC is a private, nonprofit 501(c)(3) subsidiary of PIDC, established to focus specifically on attracting resources from public, private, and philanthropic sources to develop and implement community investment, business lending, and real estate finance programs for underserved populations and distressed areas in Philadelphia... In the last 64 years of PIDC's history, its public-private track record is impressive, with more than 13,000 transactions settled (including nearly $18.5 billion of financing and more than 3,350 acres of land sales). PIDC's activities have leveraged over $45 billion in total investment and impacted the retention and creation of hundreds of thousands of jobs in Philadelphia.

Also known as: PIDC CC

Primary location: Philadelphia United States