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PIDC Community Capital
PIDC Community Capital
Amount
Varies
Deadline
Rolling
Odds
584 active loans
Effort
1 to 2 days
Can you get this?
✓Must be a business, nonprofit, or developer
✓Must be located in Philadelphia
✓Financing available for real estate development projects
Your real odds
No public approval rate exists, but PIDC has closed more than 13,000 transactions and holds a $510M+ portfolio of 584 active loans, which signals active lending rather than a scarce, gatekept program.
Rolling submissions mean you are not competing in a single cycle, though underwriting and qualification reviews still apply, and the volume of active loans suggests PIDC moves money regularly rather than sitting on it.
What it takes
Contact PIDC to discuss financing need1 to 2 days
Prepare financials and application materials1 to 2 wks
Submit application and complete underwriting2 to 6 wks
Worth knowing
PIDC offers free business support services and workshops, and building that relationship before you formally apply gives the lender real context on your business before an underwriter ever sees your file.
What else do you qualify for?
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Select all three to see your result.
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