April 15, 2023

April Update 2023

The Phoenix Community Development & Investment Corporation (PCDIC) recently provided $17.5 million of New Markets Tax Credit (NMTC) allocation to the Pascua Yaqui Tribe in support of a community healthcare project that …

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March 31, 2023

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.  …

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March 15, 2023

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 …

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March 01, 2023

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 …

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February 15, 2023

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 …

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January 24, 2023

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 …

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January 16, 2023

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, …

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December 16, 2022

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 …

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November 03, 2022

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 …

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November 02, 2022

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 …

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