By The Numbers

The numbers speak volumes. See the facts and figures on PIDC’s activities.

New Markets Tax Credit (NMTC)

2007-2022

$346.5M

PIDC NMTC allocation deployed

100%

Investments going to severely distressed areas

172

Small businesses that received reduced rent

74K

Healthcare patients served per year

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Business Lending & Commercial Real Estate Finance

2020-2022

$183M

Deployed in business lending & commercial real estate finance

65%

Disbursement to diversely-owned businesses

$26M

Disbursed to woman-owned businesses

$6.99

Private investment leveraged per PIDC dollar

Conduit Finance

2020-2022

$474M

Total amount of Redevelopment Assistance Capital Program (RACP) awarded in Philadelphia

316

RACP applications awarded

$1.4B

Total in Tax-exempt financing

$663M

Financing to Educational Institutions

Real Estate Services

2013-2023

40

Acres of land on Lower Schuylkill Biotech Campus (LSBC)

$200M

Invested in LSBC

300K+

Pounds of trash removed

2

Miles of riverfront trails

More Impact

Visit our Resource Library and learn more about PIDC’s impact.