Philadelphia Accelerator Fund (PAF): Difference between revisions
description added |
definition phrase(s) boldened |
||
| Line 1: | Line 1: | ||
{{toplink|url=http://phlfund.com/|name=phlfund.com}}<blockquote>''Access to Capital. Entry to Opportunity.''</blockquote> | {{toplink|url=http://phlfund.com/|name=phlfund.com}}<blockquote>''Access to Capital. Entry to Opportunity.''</blockquote> | ||
Philadelphia Accelerator Fund is a nonprofit loan fund created in 2019 to invest in affordable housing and equitable neighborhoods for Philadelphia. PAF provides flexible financing for affordable housing and works to increase access to capital for historically disadvantaged groups, with a focus on Black and Brown developers. PAF’s products and services are designed to be flexible and impactful. They can be used for a variety of project types, including mixed-use and mixed income. PAF strives to do things differently: reviewing projects based on their social impact, focusing on reversing traditional capital access barriers, and providing support services to help developers and projects get the capital they need. | '''Philadelphia Accelerator Fund''' is '''a nonprofit loan fund created in 2019 to invest in affordable housing and equitable neighborhoods for Philadelphia'''. PAF provides flexible financing for affordable housing and works to increase access to capital for historically disadvantaged groups, with a focus on Black and Brown developers. PAF’s products and services are designed to be flexible and impactful. They can be used for a variety of project types, including mixed-use and mixed income. PAF strives to do things differently: reviewing projects based on their social impact, focusing on reversing traditional capital access barriers, and providing support services to help developers and projects get the capital they need. | ||
''Note:'' The above descriptive information came from the organization's [http://phlfund.com/ home page]. | ''Note:'' The above descriptive information came from the organization's [http://phlfund.com/ home page]. | ||
Revision as of 17:28, 22 July 2021
Access to Capital. Entry to Opportunity.
Philadelphia Accelerator Fund is a nonprofit loan fund created in 2019 to invest in affordable housing and equitable neighborhoods for Philadelphia. PAF provides flexible financing for affordable housing and works to increase access to capital for historically disadvantaged groups, with a focus on Black and Brown developers. PAF’s products and services are designed to be flexible and impactful. They can be used for a variety of project types, including mixed-use and mixed income. PAF strives to do things differently: reviewing projects based on their social impact, focusing on reversing traditional capital access barriers, and providing support services to help developers and projects get the capital they need.
Note: The above descriptive information came from the organization's home page.
In The News
- Philly Accelerator Fund creates loan program for minority-owned property developers, Philly Voice, May 20, 2021.