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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

March Update 2023

Our very own Juan Salgado, CEO of the Phoenix IDA, explains some of the most recent and inspiring successes we have had at the Phoenix IDA and PCDIC by investing back …


PCDIC Funds Pilot Program for Verma and Ed Pastor Scholarship Recipients

Thirty recipients of the Verma and Ed Pastor Scholarship cohort selected in May 2022 – primarily freshman scholars – are receiving wraparound services as part of a pilot program with Education Forward Arizona. The …