PHA Recommends Increasing Walton School Development Loan

The Philadelphia Housing Authority recommended increasing its loan for the Rudolph Walton School redevelopment from $1.5 million to up to $4 million. HELP PA Development Corporation is the developer, and the existing loan structure and terms would otherwise remain unchanged.

Document date · October 12, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Increased from $1,500,000 to a total not-to-exceed amount of $4,000,000

Contract type

FINANCIAL_SERVICES

Contract term

Existing loan term unchanged; non-amortization structure, term, and interest rate remain in force

Renewal

This is an increase to an existing loan approved under Resolution No. 12290; the existing term and interest rate remain unchanged.

Document type

Agenda

Source document

Philadelphia Housing Authority Agenda October 22, 2026

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Other contracts from Help Pa Development Corporation.

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pa_housing_finance_agency_2022_housing_tax_credit.pdf

AWARDED

Pennsylvania Housing Finance Agency, Pennsylvania$1,500,000 Federal Tax Credit (LIHTC); $883,344 PA Housing Tax Credit (PHTC); $1,000,000 National Housing Trust Fund (NHTF)Nov 10, 2022

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Philadelphia Housing Authority?

Help Pa Development Corporation was awarded this financial services contract by Philadelphia Housing Authority, as recorded on October 12, 2026. The contract value is Increased from $1,500,000 to a total not-to-exceed amount of $4,000,000.

How much is the Help Pa Development Corporation contract with Philadelphia Housing Authority worth?

The Help Pa Development Corporation contract with Philadelphia Housing Authority is valued at Increased from $1,500,000 to a total not-to-exceed amount of $4,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Philadelphia Housing Authority Agenda October 22, 2026 (Agenda), dated October 12, 2026 from Philadelphia Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Help Pa Development Corporation hold?

Help Pa Development Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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