Our Mission

The Phoenix IDA provides access to capital and strives to positively impact vulnerable populations and underserved communities.

The Phoenix IDA is an entrepreneurial nonprofit that draws upon its decades of experience and proven record of accomplishments to support community and economic development through access to capital. The organization’s primary goal is to positively impact vulnerable populations and underserved communities through multiple strategies such as bond financing, investments, and down payment assistance to advance homeownership.

Our Impact

$ 0 BIL
issued in private activity bonds since 2009
$ 0 MIL
awarded as grants to Maricopa County nonprofits since 2011
new homeowners helped with down payment assistance since 2012
students received higher education scholarships since 2018


What’s New

Find out what’s going on and stay up to date.

Phoenix IDA and PCDIC Update | April 2023

News, Newsletter

Guadalupe Health Center Receives $17.5 Million Allocation The Phoenix Community Development & Investment Corporation (PCDIC) recently... Read More → Phoenix IDA and PCDIC Update | April 2023

Phoenix IDA and PCDIC Update | March 2023

News, Newsletter

VERMA AND ED PASTOR SCHOLARSHIP STILL ACCEPTING APPLICATIONS The Verma and Ed Pastor Scholarship, which is sponsored by both the Phoenix... Read More → Phoenix IDA and PCDIC Update | March 2023

Phoenix IDA and PCDIC Update | February 2023

News, Newsletter

PCDIC FUNDS PILOT PROGRAM FOR VERMA AND ED PASTOR SCHOLARSHIP RECIPIENTS Thirty recipients of the Verma and Ed Pastor Scholarship cohort... Read More → Phoenix IDA and PCDIC Update | February 2023

Public Finance

Financing projects in Phoenix and beyond with focus on affordable housing, healthcare, community & economic development, and education. The Phoenix IDA encourages sustainability in the projects it finances.

Assisting low- and moderate-income individuals and families with down payment and closing cost assistance, plus low-interest mortgage loans in Maricopa county.

Impacting the community by investing in small businesses, nonprofits and other borrowers – from loans to innovative programs.

Innovative Public Financing

The Phoenix IDA has financed more than $3.3 billion across Arizona and the nation during the past 10+ years.

With a wealth of experience in public financing, the Phoenix IDA team assists community-focused organizations accomplish their goals. The Phoenix IDA encourages a focus on sustainability in the projects it finances. 

Tools include private activity bonds and New Markets Tax Credits.

Advancing Homeownership

The Phoenix IDA advances responsible low- to moderate-income homeownership through various programs to strengthen communities and the economy.

Beyond the economic impact, homeownership has numerous social benefits for individuals and families, which in turn benefits the entire community. Those benefits include increased educational attainment, civic involvement, health outcomes and public safety.

Community Lending and Investment

Along with community lenders and collaborators, the Phoenix IDA uses various tools to invest in the community – from impact loans to competitive community grants to innovative programs. Please contact us if you need financing for a project that will benefit Phoenix residents and improve the community.

Public Meetings

Upcoming TEFRA Hearing(s):

  • No upcoming TEFRA Hearings at this time.
The Phoenix IDA holds public hearings for bond transactions as required by Section 147(f) of the Internal Revenue Code. These hearings are known as TEFRA Hearings since they were instituted by the federal Tax Equity and Fiscal Responsibility Act of 1982 (“TEFRA”).

The purpose of the TEFRA hearing is to receive comments from interested parties on matters regarding the issuance of bonds and the location and nature of the project for which the bond funds will be used.


Our Team

Board of Directors

The Phoenix IDA is governed by a nine-member board of directors. Each member serves a six-year term and is appointed by the Mayor and City Council of the City of Phoenix.

Phoenix IDA Staff

The Phoenix IDA employs a team of professional staff with a passion to serve the community.

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