PHDA's Mission

Our mission is to empower low and moderate income residents to become home owners in their community and as stakeholders strengthen their neighborhoods and improve their quality of life, through the development of affordable housing and to engage in economic development activities.

Vision: Home Owners Create Stronger Communities

Home ownership is part of the American Dream. Research shows that owning a home can improve economic opportunities for low income families, while stabilizing the community as a whole. Unfortunately, home ownership rates have not improved much since the 1960s — and the dream has remained out of reach for many families. In recent years, some policymakers have even abandoned the very goal of expanding home ownership.

Along with many others, PHDA envisions a future where more low and moderate income residents will become successful home owners, improving their quality of life, building wealth for themselves and their children, and transforming neighborhoods along the way.

We know the obstacles to realizing that vision — and dedicate ourselves to overcoming them. The primary role of our nonprofit, tax-exempt community development corporation is to educate low and moderate income individuals on critical issues like credit score, money management, qualifying for first-time homebuyer assistance, home improvements, and more. By working with respect for those we serve and a deep sense of partnership with other community stakeholders, our vision — and the individual dream of home ownership — can be realized.

“I did enroll in the program and am planning on purchasing a home in June with the help of the 3 to 1 program offered by Dollar bank. I was fortunate to enter the program with decent credit scores and living in the house I want to buy.”