You build. We fund. Communities benefit.
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
June Update
The Phoenix IDA recently closed two lease revenue bonds for the Phoenix-based nonprofit Goodwill of Central and Northern Arizona and its affiliates. The $6.4 million refinanced Goodwill’s Excel Center, located at 4837 E. McDowell Road …
May Update
The Phoenix IDA and Phoenix Community Development & Investment Corporation (PCDIC) are pleased to share 2023 highlights in the areas of public finance, community investments, homebuyer assistance and special projects. …
