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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.


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

Special Guests + Community Collabs + Public Meeting Notice

Thank you to Phoenix Mayor Kate Gallego and City Manager Jeff Barton for joining the Phoenix IDA Board of Directors meeting in July. Both leaders discussed the City’s priorities, including …


Healthcare, Housing, and Redevelopment
Project News

This year continues to bring new opportunities to attract private investment to key projects that increase economic development and create jobs. In the first half of 2022, the Phoenix IDA …