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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

January Update 2023

As part of the community-focused missions of both the Phoenix IDA and PCDIC, the organizations jointly awarded $2.9 million to nonprofits serving Phoenix and Maricopa County in 2022. The Phoenix …

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PCDIC provides $15 million in New Markets Tax Credit Financing to Child Crisis Arizona

Funds will support building of The Center for Child & Family Wellness PCDIC recently provided funding of a $15 million New Markets Tax Credit (NMTC) project for Child Crisis Arizona, …

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