August 10, 2023

PCDIC provides $35 million in New Markets Tax Credit Allocation to St. Mary’s Food Bank

Phoenix Community Development & Investment Corporation (PCDIC) recently provided $35 million in New Markets Tax Credit (NMTC) allocation for Phoenix-based St. Mary’s Food Bank, the world’s first food bank, to increase capacity …

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July 15, 2023

July Update 2023

Our team at the Phoenix IDA recently engaged in some productive work sessions to update and improve our mission statement. In the complex world of public finance, it can be …

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July 10, 2023

Verma and Ed Pastor Scholarships Awarded

The Phoenix IDA and PCDIC award 2023-24 Verma and Ed Pastor College Scholarships As part of the community-focused missions of both the Phoenix IDA and the Phoenix Community Development & Investment Corporation (PCDIC), the …

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June 15, 2023

June Update 2023

The Phoenix IDA is providing oversight for a collaborative partnership with Aliento and WHEN® Enterprises Corp. (WHEN) to address the critical mental healthcare needs of vulnerable students, educators and staff. …

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May 15, 2023

May Update 2023

The Phoenix IDA recently received an Award of Excellence from the National Association of Local Housing Finance Agencies (NALHFA) for its financing of Soluna II, the first Choice Neighborhoods mixed-income, …

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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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