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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

April Update 2023

The Phoenix Community Development & Investment Corporation (PCDIC) recently provided $17.5 million of New Markets Tax Credit (NMTC) allocation to the Pascua Yaqui Tribe in support of a community healthcare project that …


2022 Impact Summary

Impact Summary highlights the Phoenix IDA and Phoenix Community Development & Investment Corporation’s activities over the past year in the areas of public finance, community investments, scholarships and homebuyer assistance.  …