Philadelphia Redevelopment Authority
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- The Philadelphia Redevelopment Authority (PRA) is one of the key implementing agencies for the Citys housing, economic development and community growth policies. Established in 1945 by the Urban Redevelopment Law to remove blight in the City of Philadelphia, the PRA has some unique powers including eminent domain, the acquisition of private property for public purpose; bond issuance; the ability to buy, sell, lease and mange real estate; various municipal functions with City agreement; and the borrowing of funds from private and public entities. Currently, the PRA manages hundreds of real estate assets, underwrites and services millions of dollars in public subsidy loans and supports community and economic development in a variety of ways. The PRA is governed by a Board of Directors, which is appointed by the Mayor of Philadelphia. The PRA is in the midst of significant transition. The advent of the Philadelphia Land Bank will change the PRAs focus from real estate assets and property acquisition to development and neighborhood services.
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Headquarters:1234 Market St Fl 16 16Th Floor, Philadelphia, Pennsylvania, United States
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Phone Number: +1 215-762-5531
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Employees:17
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Revenue:$1 - 10M
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Legal Name:Philadelphia Redevelopment Authority
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Philadelphia Redevelopment Authority's Social Media
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| NAICS Code: 621111 |
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Frequently Asked Questions regarding Philadelphia Redevelopment Authority
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Where are Philadelphia Redevelopment Authority's Headquarters?
Philadelphia Redevelopment Authority's Headquarters are in 1234 Market St Fl 16 16Th Floor,Philadelphia,Pennsylvania,United States
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What is Philadelphia Redevelopment Authority's phone number?
Philadelphia Redevelopment Authority's phone number is +1 215-762-5531
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What is Philadelphia Redevelopment Authority's official website?
Philadelphia Redevelopment Authority's official website is https://www.philadelphiaredevelopmentauthority.org
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What is Philadelphia Redevelopment Authority's Revenue?
Philadelphia Redevelopment Authority's revenue is $1 - 10M
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What is Philadelphia Redevelopment Authority's NAICS code?
Philadelphia Redevelopment Authority's NAICS code is 621111
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How many employees are working in Philadelphia Redevelopment Authority
Philadelphia Redevelopment Authority has 17 employees
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What is Philadelphia Redevelopment Authority's Industry?
Philadelphia Redevelopment Authority is in the industry of Government Administration
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Who is Philadelphia Redevelopment Authority's Legal Director?
Philadelphia Redevelopment Authority's Legal Director is Susan Varghese