Funded Projects
Phoenix Community Development & Investment Corporation (PCDIC) has invested $353 million since 2002 in federal New Markets Tax Credit program (NMTC) funds to provide loans to projects in economically distressed areas. PCDIC was awarded a $45 million allocation for 2021 in October 2022.
Below is a listing of funded projects organized by allocation award year. For detailed information about each project, please click the project name to view the project summary and images.
2020 ($55 million)
- VillageMD, 7 Village Medical Primary Care Locations
- Valle del Sol Health Clinics
2019 ($35 million)
- NOAH Desert Mission Health Center
- UHS Via Linda Behavioral Hospital
2002 ($170 million)
- 3-Dawg
- Action Compaction Services
- Aedificium (ValuTek)
- Arizona Bridge to Independent Living (ABIL)
- Bentley Projects
- Biltmore Holdings
- CityScape Office Tower
- CityScape Kimpton Palomar Hotel – Phase I
- Clarendon Hotel
- DEFT III (Sunland Asphalt)
- Desert Taco
- Hacienda Skilled Nursing Facility
- Maryvale YMCA
- Native American Connections
- Northern Global
- U of Arizona Medical School
- Riverside Industrial Center (Amazon)
- Spectrum Mall
- Sunstate (ADVO)
- Youth Development Initiative
