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PCDIC invests in underserved areas of Phoenix and Maricopa county

The Phoenix Community Development & Investment Corporation’s (PCDIC) mission is to attract and provide funds for projects that will improve the quality of life for individuals who live and work in underserved areas. PCDIC was formed in 2002 by the City of Phoenix and is certified by the U.S. Treasury as a Community Development Entity.

How We Invest

New Markets Tax Credits

PCDIC encourages private capital investment in low income communities by offering tax credits.

Investments

PCDIC offers loans to nonprofit organizations and small businesses for projects that will improve the lives of vulnerable populations and underserved communities.

Community Development Fund

PCDIC grants funds to nonprofit organizations primarily serving Maricopa county residents.

Latest News

March Update

Phoenix Community Development & Investment Corp. (PCDIC) recently deployed $13 million in New Markets Tax Credit (NMTC) allocation to Child Crisis Arizona, a Mesa, Ariz.-based nonprofit focused on preventing child …

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February Update

Home in Five Advantage recently hit a big milestone by providing down payment and closing cost assistance to 25,000 Arizona residents. Launched in 2012 via a partnership between the Phoenix …

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