Funded Projects
Since 2002, Phoenix Community Development & Investment Corporation (PCDIC) has been awarded $583 million in federal New Markets Tax Credit (NMTC) allocation to provide loans to projects in economically distressed areas.
Below is a listing of funded projects organized by allocation award year.
2024-2025 ($75 million)
- Goodwill of Central & Northern Arizona (partial)
2023 ($50 million)
- Wesley Community & Health Centers
- Vallarta Supermarket
- CASS II (partial)
- Goodwill of Central & Northern Arizona (partial)
2022 ($60 million)
- Child Crisis Arizona – Early Education
- NOAH Palomino Health Center
- Wesley Community & Health Centers (partial)
- Vallarta Supermarket
- CASS Senior Haven
- CASS II (partial)
2021 ($45 million)
- Guadalupe Health Care Center (partial)
- St. Mary’s Food Bank
2020 ($55 million)
- Child Crisis Arizona – Wellness Center
- Guadalupe Health Care Center (partial)
- NOAH Cholla
- Valle del Sol Health Clinics
2019 ($35 million)
- NOAH Desert Mission Health Center
- UHS Via Linda Behavioral Hospital
2010 ($53 million)
- CityScape Kimpton Palomar Hotel – Phase II
- Hotel Monroe
- Phoenix Children’s Hospital
2008 ($40 million)
- CityScape Office Tower Phase – II
- CityScape Retail
- Department of Economic Security
- Paideia Charter School
- Phoenix Rescue Mission
- Phoenix Rescue Mission – II
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
