Through the NMTC Program, our primary mission is to improve the economic conditions in Phoenix’s under-served communities. PCDIC seeks to offer financing to businesses that meet the qualifying criteria and demonstrate how PCDIC's financing will improve the economic conditions in the low-income community (LIC) in which they operate. Participants in Phoenix’s program must conduct business and provide services in an eligible census tract that meets community impact standards. Minimally, the recipient must show that their activity:

• Creates jobs for residents or low-income persons
• Increases wages or incomes for residents or low-income persons
• Targets job creation to areas of high unemployment
• Finances or assists businesses committed to remaining in the eligible census tract
• Finances or assists businesses owned by residents
• Finances or assists minority or women-owned businesses
• Other proposed community impact

We have two programs designed to reach our goals:

• Business and Commercial Development (real estate) Loans
• Small Business Financing

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