PHDC & IMPACT LOAN FUND ANNOUNCE PILOT TO HELP SMALL LANDLORDS

PHDC announces its Small Landlord Rental Improvement Fund (RIF) pilot program in partnership with Impact Loan Fund. RIF assists landlords with fewer than 10 rental apartments. The purpose of RIF is to improve and repair units and stabilize the supply of affordable rental housing in the City.
RIF can make loans from $10,000 to under $25,000 for landlords to improve their rental units to address health and safety-related repairs. Participating landlords must maintain affordable rents for the term of the loan, meet fair housing guidelines, and have a rental license.
The first phase of this pilot program will take place in the following zip codes:
19120, 19122, 19124, 19125, 19133, 19134, 19137, and 19140.

More details click here Click and how to complete the Intake Application.

Repair, Restore, Renew Program

Philadelphia Neighborhood Home Preservation Loan Program, launched in March 2019 to provide access to low-interest home repair loans for our city’s low- and moderate-income homeowners.

How is RRR responding during COVID-19?
Our community partners are working tirelessly, even in the midst of COVID-19, and are still taking applications and closing loans. At PHDC we are looking for ways to safely and responsibly conduct business, while adhering to local, state, and federal guidelines.
All homeowners want to keep their properties healthy, safe, and accessible. Please visit https://phdcphila.org/residents/home-repair/restore-repair-renew/ to see if you are eligible, and then contact PCCA or Clarifi to apply for a RRR home repair loan. They are working with clients remotely, and ready to assist you.

PCCA: 215-567-7803 or awilliams@philapcca.org
Clarifi: 215-866-5200 or rrr@clarifi.org