The Philadelphia Redevelopment Authority has a few different programs available to residents:
- The Redevelopment Authority operates the Philadelphia Home Improvement Loan Program (PHIL), which provides Philadelphia homeowners with extremely affordable loans for home repairs (3% or 5% APR fixed rates, depending upon income levels).
- The Mortgage Foreclosure Prevention program is an initiative that helps families facing the loss of their homes through foreclosure. The program works by postponing Sheriff Sales for all owner-occupied residences until the homeowner has an opportunity to meet with a housing counselor and explore viable alternatives to foreclosure. This program has already prevented evictions and kept many Philadelphia homeowners in their homes.
- The Save Your Home Philly Hotline is staffed by lawyers and paralegals at Philadelphia Legal Assistance. The Save Your Home Philly Hotline number is 215-334-HOME(4663). The hotline provides the homeowner with additional information about the Foreclosure Prevention Program, and schedules the initial meeting between the homeowner and the housing counselor.
For more information, visit the website, or contact the PRA:
Philadelphia Redevelopment Authority
16th floor
215-854-6500
Hours of Operation:
8:45 a.m. – 4:30 p.m. Monday through Friday
Related Link:
Philadelphia Redevelopment Authority Programs