Philadelphia Authority for Industrial Development (PAID)

PAID is a public authority incorporated by the City of Philadelphia in 1967.

WHAT IS PAID?

PAID is a public authority incorporated by the City of Philadelphia in 1967, authorized under the Economic Development Finance Law of the Commonwealth of Pennsylvania. It is organized to undertake three main activities to support economic development in Philadelphia.

First, PAID is a vehicle through which PIDC manages land and buildings for itself and on behalf of the City, including property acquisition, improvement, environmental remediation, and lease or sale for development. Second, PAID also issues taxable and tax-exempt bonds on behalf of nonprofit organizations, qualified manufacturers, other exempt organizations, and the City of Philadelphia. Finally, PAID serves as a conduit for federal, state, and local governmental contracts and grant program funding for economic development projects throughout the city.

2024 BOARD MEETING SCHEDULE

Board meetings will be held on Tuesday at 5pm on the following dates:

January 9, 2024
January 23, 2024
February 6, 2024
February 20, 2024
March 5, 2024
March 19, 2024
April 02, 2024
April 16, 2024
April 30, 2024
May 14, 2024
May 28, 2024
June 11, 2024

June 25, 2024
July 9, 2024
July 23, 2024
August 06, 2024
August 20, 2024
September 03, 2024
September 17, 2024
October 01, 2024
October 15, 2024
October 29, 2024
November 12, 2024
November 26, 2024
December 10, 2024

See Agenda & Minutes

GOVERNANCE

The day-to-day affairs of PAID are managed by PIDC under the direction and governance of a five-member Board of Directors appointed by the Mayor of Philadelphia.

PAID BOARD MEMBERS

Thomas A. K. Queenan

Chairperson

Mission First Housing Group

James Engler

Member

ChristianaCare

David L. Hyman

Vice Chairman

Kleinbard LLC

Malcolm J. Ingram

Treasurer

Greenberg Traurig, LLP

Christina Wong

Member

Comcast NBC10, Telemundo62