Community Development Fund
As a result of the success of the Phoenix IDA’s core services and programs, it established the Community Development Fund to reinvest in community programs to benefit and support the city of Phoenix and its residents.
The Fund’s focus areas include education, health innovation, community/economic development, and affordable housing.
From 2015 through 2017, the Phoenix IDA invested nearly $3 million, primarily from proceeds of non-Arizona bond transactions, to dozens of Phoenix nonprofit organizations through the Community Development Fund.
Details about the Community Development Fund’s awards for the past three years are available online:
The Phoenix IDA considers each funding request on a case-by-case basis. Most Community Development Fund awards are decided through a competitive application process administered by the Arizona Community Foundation.
Current funding cycle status: Cycle One of the Phoenix IDA's 2018 Community Development Fund grant generated an amazing response. Thank you to the nearly 80 nonprofit organizations that responded to the request for letters of intent. Together with the Arizona Community Foundation (ACF), a review panel evaluated all the letters of intent and had to make difficult decisions about which organizations to invite to complete a full proposal.
We are grateful for the opportunity to learn more about each organization and look forward to announcing the successful Cycle One
We anticipate a second grant cycle in the fall.
For more details, please contact The Arizona Community Foundation.
For more information about the Community Development Fund, contact Lydia Lee, Community Relations Administrator at email@example.com.