Pennsylvania Data and Stories

State Fact Sheet

Map of Selected Projects in Pennsylvania

Community Testimonials

PIDC invests in high-impact community revitalization projects that create good jobs, provide essential goods and services, and stimulate additional investment in our neighborhoods. The NMTC Program – a US Treasury program – incentivizes community development and economic growth through the use of federal tax credits that attract private investment in distressed communities. PIDC Community Capital has been a successful allocatee of these tax credits. PIDC has deployed more than $148 million in NMTX allocations, with 100% going to severely distressed areas across Philadelphia. NMTC Investments we’ve supported include behavioral health centers, youth development centers, and healthcare and affordable housing projects.

-Kevin Lessard, PIDC (Philadelphia Industrial Development Corp.), Philadelphia, PA

Selected Projects in Pennsylvania

Sharswood Ridge Mixed-Use (Mosaic Development Partners)

Philadelphia,
PA
(2020)

Community, Mixed-use

CDE(s): Capital One, Commonwealth Cornerstone Group, PIDC Community Capital

Sharswood Ridge Mixed-Use Project, which is located in a U.S. HUD CHOICE Neighborhood and an Opportunity Zone, will serve as an anchor on the Ridge Avenue commercial corridor in the

A.W. Golden Cadillac Rehab

Reading,
PA
(2020)

Community, Mixed-use

CDE(s): Commonwealth Cornerstone Group

NMTCs helped Shuman Development Group convert a 45,288 sq. ft. building into a mixed-use retail shopping center. The property had been vacant for several years. The building now houses a

Scranton Counseling Center

Scranton,
PA
(2020)

Behavioral Health, Community, FQHCs, Healthcare, Historic Rehabilitation

CDE(s): Commonwealth Cornerstone Group, PNC

The adaptive reuse of a historic cornerstone building at 329 Cherry Street in downtown Scranton.

Provident Public Health Center

Philadelphia,
PA
(2020)

Adult Education, Behavioral Health, Children's Hospital, College or Vocational Training, Community, Daycare and Early Childhood, Dental Services, FQHCs, Healthcare, Historic Rehabilitation, Youth and Families

CDE(s): Dudley Ventures, National Trust Community Investment Corporation

Provident Public Health Center is the renovation of the historically significant Provident Mutual Life Insurance Building which has been vacant for over 20 years, into a medical campus in a

Penn Highlands/DuBois Regional Medical Center

DuBois,
PA
(2020)

Behavioral Health, Community, Healthcare, Hospitals and Emergency Services, Rural

CDE(s): Chase, Community Hospitality Healthcare Services, Primary Care Development Corporation

Construction of a new three-story, 51,700 SF behavioral health facility in the rural community of DuBois, PA.

Cobbs Creek Commons

Philadelphia,
PA
(2020)

Community, Mixed-use

CDE(s): PIDC Community Capital

Acquisition and renovation of a 33,938 sq. ft. building by an providing below-market leases to three small tenants in a low-income community.

Greater Pittsburgh Community Food Bank

Duquesne,
PA
(2020)

Community, COVID-19, Shelters and Community Food

CDE(s): PNC, Rural Development Partners

NMTC financing for a food bank's sourcing, warehousing, and distribution efforts.

Ronald McDonald House of Philadelphia (2020)

Philadelphia,
PA
(2020)

Community, Daycare and Early Childhood, Fighting Cancer, Grocery and Fresh Food, Healthcare, Retail, Retail and Commercial, Ronald McDonald House, Shelters and Community Food, Youth and Families

CDE(s): Truist

Equipment to complete commercial kitchen space for RMH Philadelphia to provide food distribution to food insecure families

Career and Advanced Technology Center at the Community College of Philadelphia

Philadelphia,
PA
(2020)

Adult Education, Auto Manufacturing, Business Development, College or Vocational Training, Community, Incubator, Manufacturing

CDE(s): Locus Impact Fund, The Reinvestment Fund, USBCDE

Finances a 75,000-sq. ft. Career and Advanced Technology Center at the Community College of Philadelphia’s West Philadelphia Regional Campus.

Ralph J. Roberts Boys & Girls Club

Philadelphia,
PA
(2020)

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Shelters and Community Food, Youth and Families

CDE(s): Capital One, PIDC Community Capital

The Boys and Girls Club of Philadelphia project is the renovation of a 3-story 64,405 sq. ft. community facility to house the creation of the Ralph J. Roberts Germantown Boys

Golaski Labs

Philadelphia,
PA
(2019)

Housing, Incubator, Makerspace, Mixed-use and Commercial, Restaurants and Catering

CDE(s): PIDC Community Capital

Acquisition and rehabilitation of Golaski Labs, vacant form home of maker of surgical needs by the same name, into mixed-use space.

East Liberty Development, Inc. (ELDI)

Pittsburgh,
PA
(2019)

Affordable Housing, Community, Housing, Retail

CDE(s): Pittsburgh Urban Initiatives

26 affordable homes for low and moderate-income families in the East Liberty neighborhood of Pittsburgh.

Site visits and recent news related to Pennsylvania NMTC Projects

Former Congressman Doyle attends the Hazelwood Green groundbreaking

Today's groundbreaking is a sign that a new heyday is coming for Pittsburgh and for America — one that will transform and revive an entire sector of the American economy in every corner of our great nation." -Congressman (now former) Doyle (D-PA)

Learn more...

Nov-2017

York Academy Upper School opens for first day in new building

August 13, 2018

City of Asylum Launches Its Redevelopment of the Masonic Building

September 1, 2015

Reps. Sewell (D-AL) and Kelly (R-PA) Circulating Sign-on Letter Calling for Permanent Extension of the NMTC

December 1, 2022