Philadelphia Redevelopment Authority

Since its founding in 1945, the Philadelphia Redevelopment Authority has been involved in nearly every major development in the City. Historically, we’ve been the agent to gather the land for those developments and, in some cases, be a conduit for funding. However, like Redevelopment Authorities across the Commonwealth of PA and across the country, the PRA’s role is shifting. While we continue to underwrite city subsidies for affordable housing, we’ve added other financing products to facilitate to development. We have partnered with other government agencies to acquire property on their behalf and have engaged in our own development efforts. While what the PRA does is changing; why we do it remains constant.

The PRA is focused on community revitalization. Our job is to facilitate development and support neighborhoods. We are a sharp tool to implement the City’s policies and our staff is committed to the City’s growth, its prosperity and to improving our residents’ quality-of-life.