About Two River Development

Two River Development (2RD) is a vertically integrated affordable housing development company in Philadelphia specializing in PHA Housing that not only manages its own properties, but also provides third-party management, leasing, consulting, eviction, and related services for clients.

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2RD specializes in leveraging PHA voucher programs and rental/security deposit assistance initiatives, while maintaining close partnerships with nonprofit organizations that offer rental assistance. The company’s core strength lies in its longstanding and effective relationship with the Philadelphia Housing Authority (PHA).

Founder and Managing Member Abraham Silber serves on the PHA Housing Choice Landlord Advisory Board and maintains daily communication with senior leadership of the Housing Choice Voucher program. Through this involvement, 2RD acts as a trusted consultant and leasing agent—particularly for developers with large, newly constructed buildings—interested in housing PHA tenants.

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2RD's services provide substantial value through:

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• Deep familiarity with the PHA leasing process

• Strong personal relationships with PHA decision-makers

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All service agreements are customized to match the specific needs and experience levels of each client. The core offering includes marketing units to Housing Choice Voucher holders and facilitating the entire leasing process from start to finish. This comprehensive service encompasses:

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• Marketing properties to voucher holders

• Managing inspections

• Processing Requests for Tenancy Approval (RFTAs)

• Negotiating rent determinations

• Executing Housing Assistance Payment (HAP) contracts

• Coordinating and administering HAP disbursements to property owners

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2RD also handles numerous other critical steps throughout the leasing process, ensuring a seamless experience for both property owners and tenants.

Interest from owners of newly constructed multifamily properties has grown in recent years, driven by the increase in PHA-approved rents. 

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As of year end 2025, 2RD has executed or is in the process of executing approximately 100 leases for external clients with new construction buildings, not including leases for its own owned and managed portfolio. The firm is actively expanding its work with new construction developers, as a broader inventory base has been shown to boost inbound tenant inquiries and accelerate leasing timelines for all properties under management.

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Customized agreements and client references are available upon request.