Apply Now for Philadelphia Economic Development Grant
The City of Philadelphia has opened its next round of funding for the Neighborhood Economic Development Grant. Applications are due by Thursday, March 19, at 5 p.m. According to a…
The City of Philadelphia has opened its next round of funding for the Neighborhood Economic Development Grant. Applications are due by Thursday, March 19, at 5 p.m.
According to a news release, the Neighborhood Economic Development Grant offers funding to nonprofit organizations, including community development corporations, to support economic opportunities and neighborhood revitalization. Eligible projects can receive between $50,000 and $500,000 to fund commercial space for businesses serving low- and moderate-income residents across four categories: planning, pre-development, development, and acquisition.
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In 2025, seven projects across Philadelphia received a total of $1,925,000 in grant investments:
- African Cultural Alliance of North America Inc. (ACANA) Africa Center: 5434 Chester Ave.
- Allegheny West Foundation Food Distribution Program: 2208 W. Indiana Ave.
- Cambodian Association of Greater Philadelphia Passyunk Hall Stabilization Acquisition: 2514 S. 24th St.
- Fallser Club Commercial Kitchen: 3721 Midvale Ave.
- Olney Community Collaborative: 5458 N. Fifth St.
- Park to Broad Business Center: 2825 W. Girard Ave.
- Tacony Community Development Corporation Torresdale Acquisition Plan: 6800 Torresdale Ave.
Applicants must complete an application through eContract Philly before the deadline to be considered for the contract opportunity. To access the opportunity, applicants should select “Contract Opportunities” and look for Opportunity Number 21260128120838. Questions can be directed to Destiny Gadson by email.
