Submitting an RFP Soon? Read This First to Get Started

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As a contractor, Requests for Proposals (RFP’s) can feel intimidating. You need to review lots of documents, meet tight deadlines, and deliver excellent service. But they also lead to big opportunities once you land the contract! RFP’s are important for both the contractor and organization, and you want to make sure that you are paying

A New Beginning for Philadelphia’s Homeless Youth Starts at Covenant House

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What was once a vacant building on Germantown Avenue will soon provide safe, stable housing for young people experiencing homelessness—meeting a critical need in Philadelphia. Through New Markets Tax Credit (NMTC) financing, PIDC partnered with Covenant House Pennsylvania (CHPA) to help transform the 13,230-square-foot, three-story property into 12 units of transitional housing for youth ages

Making the Most of America 250: A Guide for Philly Businesses

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As Philadelphia prepares to host festivities for the 250th Anniversary of the founding of the United States in 2026, local businesses have a once‑in‑a‑generation opportunity to tap into increased tourism, major events, and heightened national and global attention. From FIFA World Cup™ matches, the MLB All‑Star Game and NCAA March Madness to citywide celebrations like

Celebrating 31 Years: A Q&A with Sam Rhoads on His Retirement from PIDC

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After more than three decades of service, Sam Rhoads, Executive Vice President of PIDC, is retiring on May 15, 2026, closing a 31-year chapter defined by innovation, leadership, and lasting impact on Philadelphia’s economic landscape. Since joining PIDC in 1995, Sam has played a central role in shaping some of the city’s most transformative development

The People Behind the Projects: Meet PIDC’s Marketing Communications & Government Affairs Team

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At PIDC, every project tells a story—of opportunity, growth, and collaboration across Philadelphia’s neighborhoods and industries. Behind that work are the people who share those stories, build partnerships, and connect resources to the communities that need them most. Meet PIDC’s Marketing Communications & Government Affairs Team, the storytellers, strategists, and relationship-builders who help ensure PIDC’s

Understanding Loan Compliance & Why it Matters For Your Business

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As a business owner, getting approved for your first business loan is an exciting milestone. It’s a sign that your hard work is paying off and gets you one step closer to your long-term goals. But once the loan is disbursed, the real work begins. This is where loan compliance plays a critical role in