June 01, 2022

Former Mayor Phil Gordon Joins Phoenix IDA Board of Directors

Mayor Kate Gallego and the Phoenix City Council appointed former Mayor Phil Gordon to the Phoenix IDA Board of Directors. Mayor Gordon joins the nine-member board to serve a term …

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May 01, 2022

Announcing $1.3 million in grants to valley nonprofits + Board meeting today at 3 p.m.

As part of the community-focused missions of the Phoenix IDA and the Phoenix Community Development & Investment Corporation (PCDIC), both organizations partnered to award $1.3 million to nonprofits serving Phoenix …

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February 09, 2022

Verma and Ed Pastor Scholarship – Applications Now Open Through May 1, 2022

Verma & Ed Pastor Scholarship Goals The Verma and Ed Pastor Scholarship supports post-secondary education for students with financial need attending an accredited, public college or university in Maricopa county …

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September 07, 2021

U.S. Treasury Department Fund Awards $55 Million to Phoenix Community Development & Investment Corporation to Promote Economic and Community Development in Maricopa County

The U.S. Treasury Department’s Community Development Financial Institutions Fund awarded the Phoenix Community Development & Investment Corporation (PCDIC) a $55 million New Markets Tax Credit (NMTC) allocation as part of …

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February 24, 2021

Verma and Ed Pastor Scholarship – Applications Now Open Through May 1, 2021

Verma & Ed Pastor Scholarship Goals The Verma and Ed Pastor Scholarship supports post-secondary education for students with financial need attending an accredited, public college or university in Maricopa county …

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November 05, 2020

Injecting Funds to Sustain Our Economy

Many are stepping up, but these funding partners are doing the hard work to provide immediate help through relief grants and other programs. While some of these organizations regularly grant …

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August 13, 2020

US Treasury program awards $35 million to PCDIC to help revitalize economically distressed areas in Maricopa county

The U.S. Treasury’s Community Development Financial Institutions (CDFI) Fund awarded the Phoenix Community Development & Investment Corporation (PCDIC) a $35 million New Markets Tax Credit (NMTC) allocation as part of …

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February 21, 2019

PCDIC Announces the Verma & Ed Pastor Scholarship Fund

The Phoenix Community Development & Investment Corporation launched a $1 million Verma & Ed Pastor Scholarship Fund to honor the life, legacy, and positive community impacts of the former Arizona …

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