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.