Arizona Data and Stories

State Fact Sheet

Map of Selected Projects in Arizona

Community Testimonials

At Dudley Ventures, we firmly support the New Markets Tax Credit (NMTC) Program because it is a vital resource that enables transformative community development projects in low-income areas to come to fruition. As an NMTC adviser, investor, and community development entity (CDE), we have been involved in the NMTC Program since its inception. Through our CDE, we have invested in over 80 projects, creating over 13,500 quality permanent jobs to date. The NMTC Program is instrumental in driving economic growth and improving the quality of life in underserved communities.

-James D. Howard, Jr., Dudley Venture/Valley Bank

Selected Projects in Arizona

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

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

White Mountain Apache Timber

Whiteriver,
AZ
(2013)

Manufacturing, Rural, Targeted Populations, Timber and Agriculture

CDE(s): CEI Capital Management, Rural Development Partners

Revamping the business plan of a timber mill, leveraging NMTCs to upgrade the mill with new technological equipment and generate working capital.

NTUA Wastewater Treatment Facility

Window Rock,
AZ
(2013)

Community, Rural, Targeted Populations, Waste Management, Water Management

CDE(s): Brownfield Revitalization, Clearinghouse CDFI

NMTC financing supported the Navajo Tribal Utility Authority, which provides electricity, natural gas, water, wastewater treatment, renewable energy and telecommunications services to homes and businesses throughout the Navajo Nation and

Habitat for Humanity of Central Arizona

Apache Junction,
AZ
(2013)

Affordable Housing, Community, Habitat for Humanity, Housing

CDE(s): Enterprise Financial CDE

Construction and renovation of simple, decent, affordable homes in partnership with needy families.

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