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 Market 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.
US Treasury program awards $35 million to PCDIC to help revitalize economically distressed areas in Maricopa county
The U.S. Treasury’s Community Development Financial Institutions (CDFI) Fund awarded the Phoenix Community Development & Investment Corporation (PCDIC) a $35 million New Markets Tax Credit (NMTC) allocation as part of …
The Phoenix Community Development & Investment Corporation launched a $1 million Verma & Ed Pastor Scholarship Fund to honor the life, legacy, and positive community impacts of the former Arizona …