Navigating Philadelphia’s Rental Improvement Fund

Philadelphia landlords have a new tool to help improve their properties—and it’s not just a wrench or a paintbrush. The Rental Improvement Fund (RIF), launched by the Philadelphia Housing Development Corporation (PHDC), offers forgivable loans of up to $24,000 per unit to help landlords make critical repairs and bring rental units into compliance with code. But navigating this program isn’t always straightforward. Here’s what you need to know—and how legal guidance can help you make the most of it. 

What does the RIF cover?  
The RIF is designed to support repairs that improve safety, habitability, and code compliance. Eligible improvements include: 

•     Electrical and plumbing upgrades 

•     Roof and window replacements 

•     Lead remediation 

•     HVAC installation 

•     Accessibility modifications 

Funds are paid directly to contractors after PHDC approval, and landlords can apply for funding for up to three units.  

Who Is Eligible, What is Required?  
To qualify, landlords must own 15 or fewer rental units citywide, charge rents affordable to low-income tenants, be current on property taxes and water bills, and agree to maintain affordability for 15 years.  

Applicants must submit documentation including proof of ownership, tenant income verification, and contractor estimates. PHDC also requires a signed affordability agreement and periodic compliance checks. 

Legal Considerations For Landlords 
While the RIF offers generous support, it also creates binding obligations. Landlords should be aware of affordability covenants that may limit rent increases or affect future property sales. Landlords should also be aware of any zoning or permitting issues tied to renovations and enforcement risks if compliance lapses.  

Our firm specializes in land use, zoning, and real estate litigation. We help landlords navigate the legal complexities of programs like RIF—so you can focus on improving your property without getting tangled in red tape. The Rental Improvement Fund is a powerful opportunity to revitalize Philadelphia’s rental housing—but it’s not a DIY legal project. With the right guidance, you can crack the code and unlock the full potential of this program. 

Need help applying or reviewing your obligations? Contact our team to schedule a consultation.

This article was prepared by a licensed Pennsylvania attorney at Nochumson P.C., a Philadelphia-based law firm with extensive experience in all thing's real estate, litigation, land use and zoning, and business counseling.