Philadelphia Housing Development Corporation
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Citadel Credit Union Contributes More Than $550,000 to Community Organizations in 2025
In one of its largest community investment years yet, Citadel Credit Union directed more than $550,000 and extensive volunteer support in 2025 to organizations working…
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With a Hand from Firstrust Bank, Frankel Enterprises Partners with PHDC to Deliver Affordable Homeownership
As Philadelphia continues to grapple with a shortage of affordable housing, a new partnership between the Philadelphia Housing Development Corporation (PHDC) and Frankel Enterprises, a…
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Philadelphia’s First of Its Kind Pilot Program, Which Gives Cash to Struggling Renters, Proves Effective
The PHLHousing+ program, a first of its kind in the nation, which gives no-strings-attached cash to struggling renters, is proving to be effective, writes Michaelle…
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Citadel Launches Homebuyer Assistance Program to Expand Access in Underserved Philly Neighborhoods
Citadel Credit Union has launched its Home Help Program, a new initiative aimed at increasing access to home ownership in eligible communities across Philadelphia. The program provides up…
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A Space for Banking, Learning, and Community: Citadel Credit Union to Open First Philadelphia Branch
Citadel Credit Union has signed a lease for its first Philadelphia branch, marking the beginning of a bold new chapter in community-centered banking. Opening in Overbrook Park…
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Habitat for Humanity Philadelphia Celebrates 40 Years of Building Community
On Monday, May 5, nearly 800 affordable housing advocates gathered downtown to celebrate 40 years of building community alongside Habitat for Humanity Philadelphia and raise…
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Penn Community Bank Helps Cut Ribbon on Philadelphia Affordable Housing
Penn Community Bank joined Philadelphia Mayor Cherelle Parker, City Council President Kenyatta Johnson, and regional developers Tuesday, Oct. 15 to celebrate 39 new affordable homes…
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Philadelphia’s Turn the Key Program Celebrates 100th Price-Restricted Home Sold in the City
In April 2022, Philadelphia officials announced the launch of the Turn the Key program to give away city-owned land to developers to build 1,000 price-restricted…
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![Penn Community Bank Commercial Real Estate Lending Manager James B. Erb [L] joins elected officials and local developers to celebrate the groundbreaking of 17 publicly-owned parcels for future Turn the Key homes in Philadelphia’s Grays Ferry neighborhood. The bank is helping finance the affordable housing development project.](https://philadelphia.today/wp-content/uploads/sites/8/2024/02/PennCB-PHDC-Ground-Breaking-final.jpg)
Penn Community Bank Helps Break Ground on Philadelphia Affordable Housing
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, joined Philadelphia Mayor Cherelle Parker, City Council President Kenyatta Johnson, and regional developers on…
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Penn Community Bank & PHDC Creating More Affordable Homeownership Opportunities
Recently, the Philadelphia Housing Development Corporation and the City of Philadelphia celebrated Turn The Key’s expansion across the city with a ceremonial ribbon-cutting. Turn the Key…
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