July Update 2023
Our team at the Phoenix IDA recently engaged in some productive work sessions to update and improve our mission statement. In the complex world of public finance, it can be …
June Update 2023
The Phoenix IDA is providing oversight for a collaborative partnership with Aliento and WHEN® Enterprises Corp. (WHEN) to address the critical mental healthcare needs of vulnerable students, educators and staff. …
May Update 2023
The Phoenix IDA recently received an Award of Excellence from the National Association of Local Housing Finance Agencies (NALHFA) for its financing of Soluna II, the first Choice Neighborhoods mixed-income, …
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 …
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 …
February Update 2023
Community Development Fund Spotlight: St. Mary’s Food Bank Alliance — Serving the Valley since 1967, St. Mary’s Food Bank Alliance works to improve the quality of life for low-income, food-insecure …
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 …
New Board Members and PCDIC Funding
Gordon “Jack” Dover retired after a long career in public service and government affairs where he served as staff director and senior advisor to members of Congress. For many years he …
PCDIC Awarded $45M New Markets Tax Credit Allocation + More
Phoenix Community Development & Investment Corporation (PCDIC) was recently awarded a $45 million New Markets Tax Credit (NMTC) allocation from the U.S. Department of the Treasury’s Community Development Financial Institutions …
Financing Brings Health Care Practices to Phoenix
Phoenix Community Development & Investment Corporation (PCDIC) recently announced the funding of a $12.5 million New Markets Tax Credit (NMTC) allocation for VillageMD, a leading, national provider of value-based primary …