CONTRACTPENDING

PHDC Financing Proposed for Francisville Housing

Philadelphia Redevelopment Authority
Disclosed value
Existing Authority Loans of $1,138,241.54 to be aggregated into a $4,064,059.54 PHDC Loan, including $2,925,818.00 in new financing
From agendapacket
Document date
Sep 9, 2026

The 30-second brief

What it covers

The Philadelphia Redevelopment Authority is considering assigning $1.138 million in Francisville housing loans to PHDC. The loans would be combined with $2.926 million in new PHDC financing into a $4.064 million, 42-year obligation.

Who holds it

Philadelphia Housing Development Corporation holds this financial services contract with Philadelphia Redevelopment Authority.

What happens next

Term as filed: 42 years at 0% interest; no principal or interest payments until maturity.

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Contract details

Contract type
Financial Services
Amount
Existing Authority Loans of $1,138,241.54 to be aggregated into a $4,064,059.54 PHDC Loan, including $2,925,818.00 in new financing
Document date
September 9, 2026
Term
42 years at 0% interest; no principal or interest payments until maturity
Source document
Philadelphia Redevelopment Authority AgendaPacket Board Meeting of September 09, 2026 (AgendaPacket)

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Questions about this contract

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

Philadelphia Housing Development Corporation was awarded this financial services contract by Philadelphia Redevelopment Authority, as recorded on September 9, 2026. The contract value is Existing Authority Loans of $1,138,241.54 to be aggregated into a $4,064,059.54 PHDC Loan, including $2,925,818.00 in new financing.

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

The Philadelphia Housing Development Corporation contract with Philadelphia Redevelopment Authority is valued at Existing Authority Loans of $1,138,241.54 to be aggregated into a $4,064,059.54 PHDC Loan, including $2,925,818.00 in new financing, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Philadelphia Redevelopment Authority AgendaPacket Board Meeting of September 09, 2026 (AgendaPacket), dated September 9, 2026 from Philadelphia Redevelopment Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Philadelphia Housing Development Corporation hold?

Philadelphia Housing 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.

What is Philadelphia Redevelopment Authority currently buying?

Explore Philadelphia Redevelopment Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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