CDE: Phoenix Community Development and Investment Corporation

To all NMTC Coalition Members: If you would like to add projects, a description of your CDE, or anything else to this page, contact Paul Anderson.

Recent Allocation Awards:

Project Profiles and Stories

NOAH Desert Mission Health Center

Phoenix,
AZ
(2021)

Community, FQHCs

CDE(s): Phoenix Community Development and Investment Corporation

NOAH breaks ground on new Desert Mission Health Center

Child Crisis Arizona

Phoenix,
AZ
(2023)

Youth and Families

CDE(s): Enterprise Financial CDE, Phoenix Community Development and Investment Corporation

Enterprise Bank & Trust announces the closing of a finance agreement that will support a $21 million construction project which is part of a $25 million philanthropic expansion campaign for

Child Crisis Arizona

Phoenix,
AZ
(2023)

Youth and Families

CDE(s): Enterprise Financial CDE, Phoenix Community Development and Investment Corporation

Enterprise Bank & Trust announces the closing of a finance agreement that will support a $21 million construction project which is part of a $25 million philanthropic expansion campaign for

Maryvale YMCA

Phoenix,
AZ
(2006)

Community, Daycare and Early Childhood, Recreation, YMCAs and YWCAs, Youth and Families, Youth Program

CDE(s): Phoenix Community Development and Investment Corporation

The Valley of the Sun YMCA secured more than $6M to build a new facility on six acres within the Maryvale community of Phoenix.

Valle del Sol Micro-Hospital

Lake Havasu City,
HI
(2021)

Community, FQHCs, Healthcare, Hospitals and Emergency Services, Retail

CDE(s): Phoenix Community Development and Investment Corporation

Finances the transformation of a 36,000 sq. ft., vacant retail space into a new medical facility bringing affordable surgical care, imaging services and health and wellness programming to a severely

Phoenix Rescue Mission

Phoenix,
AZ
(2010)

Addiction Treatment, Behavioral Health, Community, Daycare and Early Childhood, Dental Services, Healthcare, Shelters and Community Food, Youth and Families

CDE(s): Phoenix Community Development and Investment Corporation

In 2010, with the help of NMTCs, the Mission opened the Changing Lives Center, a specialized facility for homeless women and their children offering a comprehensive approach to breaking the

Phoenix Rescue Mission (2014)

Phoenix,
AZ
(2014)

Addiction Treatment, Behavioral Health, Community, Healthcare, Shelters and Community Food

CDE(s): Phoenix Community Development and Investment Corporation

The Phoenix Rescue Mission was founded in 1952 in downtown Phoenix where an evening meal, Chapel service, and clothing were provided to the poor and homeless, serving between 35 and

Arizona Bridge to Independent Living

Phoenix,
AZ
(2007)

Adult Daycare, Adult Education, College or Vocational Training, Community, Healthcare, Infrastructure, Mixed-use, Nonprofit Hub, Nursing Homes and Hospice, Transit Oriented Development

CDE(s): Phoenix Community Development and Investment Corporation

This 2007 project expanded and rehabilitated a recently purchased facility of 35,000 sq. ft. of existing multitenant office space.

Neighborhood Outreach Access to Health (NOAH)

Phoenix,
AZ
(2024)

Healthcare

CDE(s): Phoenix Community Development and Investment Corporation

Neighborhood Outreach Access to Health (NOAH) is using the $15 million New Markets Tax Credit (NMTC) allocation to continue to provide and also expand its services at the Palomino location.

Pascua Yaqui

Guadalupe,
AZ
(2023)

FQHCs

CDE(s): Chase, Phoenix Community Development and Investment Corporation

The Pascua Yaqui Tribe is a federally recognized tribe with a reservation southwest of Tucson, Arizona, recognized pursuant to the Act of September 18, 1978, P.L. 95-375 (92 Stat. 712).

Child Crisis Arizona

Mesa,
AZ
(2022)

Community, Youth and Families

CDE(s): Enterprise Financial CDE, Phoenix Community Development and Investment Corporation

PCDIC provided $15 million in NMTC financing for Child Crisis Arizona, a Mesa, Ariz.-based nonprofit focused on preventing child abuse and neglect.

PCDIC provides $15 million in New Markets Tax Credit Financing to Child Crisis Arizona

Community, Youth and Families

CDE(s): Phoenix Community Development and Investment Corporation

PCDIC recently provided funding of a $15 million New Markets Tax Credit (NMTC) project for Child Crisis Arizona, a Mesa, Ariz.-based nonprofit focused on preventing child abuse and neglect. “Over

UHS VIA Linda Project

Scottsdale,
AZ
(2021)

Addiction Treatment, Behavioral Health, Community, Healthcare, Hospitals and Emergency Services

CDE(s): Phoenix Community Development and Investment Corporation, TruFund

Empowerment Reinvestment Fund provided financing to help finance the new construction of a 72,650 sq. ft., 120-bed community hospital located in the Salt River Pima-Maricopa Indian Community of the Salt

Youth Development Initiative

Phoenix,
AZ
(2012)

Behavioral Health, Community, Daycare and Early Childhood, Healthcare, Youth and Families

CDE(s): Phoenix Community Development and Investment Corporation

YDI is a private, not-for-profit agency incorporated in Arizona in October of 1996.

Phoenix Union High School

Phoenix,
AZ
(2014)

Adult Education, College or Vocational Training, Community, Healthcare, Historic Rehabilitation, Schools

CDE(s): Phoenix Community Development and Investment Corporation

Rehabilitation of three vacant historic Phoenix Union High School buildings totaling 90,000 square feet for use by the University of Arizona College of Medicine.

Phoenix Childrens Hospital

Phoenix,
AZ
(2014)

Children's Hospital, Community, Daycare and Early Childhood, Healthcare, Hospitals and Emergency Services, Youth and Families

CDE(s): Phoenix Community Development and Investment Corporation

This project built out the 45,000 sq. ft. of the vacant 9th floor of the hospital by adding 48 private rooms including equipment and furnishings for the pediatric acute care

Paideaia Charter School

Phoenix,
AZ
(2012)

Community, Daycare and Early Childhood, Schools, Youth and Families

CDE(s): Phoenix Community Development and Investment Corporation

A new school facility serves 550 students at full capacity in a 48,000 square foot building with 44,000 square feet for the charter school, 2,000 square feet for preschool, and

Action Compaction Services

Phoenix,
AZ
(2005)

Community, Manufacturing, Waste Management

CDE(s): Phoenix Community Development and Investment Corporation

Action Compaction Services Inc. used $1M in NMTC financing for the acquisition and renovation of three buildings totaling 24,564 sq. ft. including 3.2 acres of land in late 2005.

Dept. of Economic Security

Phoenix,
AZ
(2015)

Community, Infrastructure, Municipal Facilities

CDE(s): Phoenix Community Development and Investment Corporation

This project redeveloped an existing 65,000 square foot building on 5.5 acres of property that was formerly a sports athletic facility and convert this into office space for the State