Philadelphia Housing Trust Fund

The Philadelphia Housing Trust Fund is an innovative and vital tool for building… and preserving affordable homes and advancing equitable neighborhood revitalization. It was established in 2005 in a collaborative effort among community organizations and city and state officials. Specifically, the Philadelphia Housing Trust Fund supports the development of new affordable homes, repair of existing homes, and foreclosure/homeless prevention programs. To date, over 6,246 low- and moderate-income families, seniors, disabled and homeless people have gained access to expanded housing opportunities through the Philadelphia Housing Trust Fund. The Trust Fund has also leveraged more than $277 million in non-city funds; created hundreds of jobs; expanded the City’s tax base; and, revitalized neighborhoods.