Investments

Through various programs, PCDIC invests in the community by supporting nonprofits, small businesses, community-focused organizations, and students across Maricopa county.

Community Impact Loans

In partnership with community lending partners, the PCDIC is offering loans to nonprofit organizations for projects that create a social impact. Loans are generally made to improve the lives of vulnerable populations and underserved communities.

Lending partners include: The Arizona Community Foundation and the Phoenix IDA.

Community Impact Loans strengthen the financial capability of local nonprofits and help bring projects to fruition to achieve a greater impact.

Loan benefits:

  1. Bring financial resources to nonprofits and strengthens Arizona’s nonprofit sector.
  2. Provide access to capital that may not be available or affordable to nonprofits through traditional lenders.
  3. Leverage funds to create a broader community impact.

For more information and to apply for a loan, please contact Juan Salgado at 602-262-6242 or via email at jsalgado@pcdic.org.

Scholarships

Verma & Ed Pastor Scholarship Fund

To honor the life, legacy, and positive community impact of Arizona Congressman Ed Pastor and his wife Verma, the PCDIC is investing $1 million into a scholarship fund. Scholarships will support post-secondary education for students that meet the following criteria:

  • U.S. citizens, legal residents of the U.S., and/or DACA students (Deferred Action for Childhood Arrivals).
  • Arizona resident living in Maricopa county.
  • First-year college student or adult re-entry student between the ages of 18-24.
  • Have and maintain an unweighted cumulative academic GPA of 2.5 or higher.
  • Demonstrated financial need as determined by Free Application for Federal Student Aid (FAFSA).
  • Have been accepted into, or expect to be accepted into, an accredited college or university in Maricopa county in pursuit of an associate’s or bachelor’s degree.

Award Process:

Scholarships will be awarded for amounts between $2,500-$5,000 and distributed directly to schools. Payments will be made in two equal amounts for fall and spring semesters, respectively.

Award Details:

This scholarship is renewable for one additional year (two awards maximum), if students maintain a minimum GPA of 2.5, complete a minimum of 12 credit hours each semester, are in good standing, submit a complete transcript for the current academic year, continue to attend the same institution.

Application deadline

Wednesday, May 15, 2019

Apply online