The Portland Housing Authority, also known as PHA, offers a range of housing opportunities. The authority works to enhance the quality of life of the people. It was established in 1943 by the Portland City Council. The authority operates through preventive maintenance and vacant unit teams. Its wholly owned subsidiaries include Portland Housing Corporation (PHC) and Portland Housing Development Corporation (PHDC). The Portland Housing Authority maintains more than 1,000 housing units. Incorporated in 1979, Portland Housing Corporation is a nonprofit institution that specializes in the development and financing of housing projects. Portland Housing Development Corporation, incorporated in 1983, provides technical assistance services and financial lending options.