The Industrial Development Auth of the City of Phoenix, AZ
The Industrial Development Authority (IDA) of the City of Phoenix is dedicated to enhancing the lives of underserved communities through innovative public financing and community investment. Since its inception, the IDA has issued billions in private activity bonds and provided substantial assistance in homeownership and education, fostering equity and opportunity for all Arizonans.
Governed by a nine-member board appointed by the Mayor and City Council, the IDA focuses on sustainability and collaboration with community lenders to support various projects that improve the local economy and enhance social benefits. Their initiatives include down payment assistance for low and moderate-income families and impactful community lending programs aimed at strengthening neighborhoods throughout Maricopa County.
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