2022 Impact Summary
Impact Summary highlights the Phoenix IDA and Phoenix Community Development & Investment Corporation’s activities over the past year in the areas of public finance, community investments, scholarships and homebuyer assistance. …
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 …
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 …
PCDIC provides $15 million in New Markets Tax Credit Financing to Child Crisis Arizona
Funds will support building of The Center for Child & Family Wellness PCDIC recently provided funding of a $15 million New Markets Tax Credit (NMTC) project for Child Crisis Arizona, …
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 …
PCDIC Awarded $45 million New Markets Tax Credit Allocation from the U.S. Treasury
Funds will promote economic and community development in Maricopa county Phoenix Community Development & Investment Corporation (PCDIC) was recently awarded a $45 million New Markets Tax Credit (NMTC) allocation from …
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 …