August Update 2023
“Over the past three years, PCDIC has been awarded a total of $135 million in NMTC allocations that go back into our community in areas that need it the most. …
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 …
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 …
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 …
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. …
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, …
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 …
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 …