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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October 01, 2022

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 …

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September 01, 2022

$20M fed funds deployed for health clinics + $100K D-Backs challenge

Serving the community in a culturally competent way and being a healthcare resource for families has been the focus of Valle del Sol since 1970. Demand for Valle del Sol’s …

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August 01, 2022

Special Guests + Community Collabs + Public Meeting Notice

Thank you to Phoenix Mayor Kate Gallego and City Manager Jeff Barton for joining the Phoenix IDA Board of Directors meeting in July. Both leaders discussed the City’s priorities, including …

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July 01, 2022

Healthcare, Housing, and Redevelopment
Project News

This year continues to bring new opportunities to attract private investment to key projects that increase economic development and create jobs. In the first half of 2022, the Phoenix IDA …

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June 30, 2022

$1.3 million awarded to Valley nonprofits

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

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