For the first time, the Phoenix IDA and Phoenix Community Development & Investment Corporation (PCDIC) have published a joint annual impact summary. 2020 offered unprecedent opportunities for the two organizations to collaborate and offer public financing services to improve underserved communities.
Message from CEO, Juan Salgado about the Phoenix IDA and PCDIC Impact Summary for 2020
We are pleased to share our annual Impact Summary that highlights the collaborative work of the Phoenix IDA and PCDIC. Both organizations invest in underserved areas and jointly granted and loaned approximately $15 million to COVID-19 relief efforts last year.
Together, we plan to continue offering innovative financing solutions for projects that improve the community, specifically those located in economically challenged areas of Maricopa county.
Thank you for taking a few minutes to review our 2020 Impact Summary.