RFP for Shallow Rent Program
The Philadelphia Housing Development Corporation (PHDC) is pleased to issue this Request for Proposals to owners and/or property managers (on behalf of owners) of affordable housing properties with income-restricted rental units that were built or substantially renovated with federal, state, or local subsidies. PHDC is seeking Respondents who are interested in participating in the Shallow Rent Program designed to provide monthly rent vouchers not to exceed $500 per month to tenants who are leasing income-restricted rental units in the City of Philadelphia at rent levels that exceed 30% of their gross income.
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The $14,000 working capital funding will be used to formalize registration as a home care provider and hire initial staff.
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Success Stories
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The CCE has been a helpful place to get questions answered when dealing with the city, how to create recipes, so we can be more consistent, create a budget, and best of all having other ‘foodprenueurs’ to meet and gain ideas and support in their endeavors.
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As my business moves to the next level, leadership training, and management support that the Enterprise Center provides are keys to achieving greater sales and more contracts.
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When they’re given easy opportunities to serve, our citizens really step up.
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When I discovered the MBE Equity Multiplier, I knew it was the missing component that would help make my vision clear. This process has equipped me and given me the confidence to push my vision forward to make it a reality.
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I highly recommend the Enterprise Center and MBDA to diverse founders who are seeking capital to scale their businesses.
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I hope that when it all opens up that everybody goes out and supports our small businesses.
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Remaining competitive in the current marketplace often requires access to capital at key moments in our business.
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Working with the MBE Equity Multiplier team has been life changing. I cannot recommend this service more - I'm still mind blown by how much better our pitch has become.
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When we first started with The Enterprise Center Capital Corporation, we had maybe 6 or 7 accounts, and we've doubled that now. The Enterprise Center Capital Corporation has been very helpful funding my larger jobs and assisting me with maintaining payroll and buying equipment.
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The Enterprise Center’s Dorrance H. Hamilton Center for Culinary Enterprises (CCE),is a great community to be a part of.
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