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.

2025 BOARD MEETING SCHEDULE

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

January 7, 2025
January 21, 2025
February 4, 2025
February 11, 2025
March 4, 2025
March 18, 2025
April 01, 2025
April 15, 2025
April 29, 2025
May 13, 2025
May 27, 2025
June 10, 2025

June 24, 2025
July 09, 2025
July 08, 2025
August 05, 2025
August 19, 2025
September 02, 2025
September 16, 2025
September 30, 2025
October 14, 2025
October 28, 2025
November 12, 2025
November 25, 2025
December 09, 2025

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

David L. Hyman

Vice Chairman

Kleinbard LLC

Malcolm J. Ingram

Treasurer

Greenberg Traurig, LLP

Christina Wong

Member

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