PUBLIC NOTICE


NOTICE IS HEREBY GIVEN THAT
the members of the Arizona Industrial Development Authority (Authority) have been invited to the Arizona is Home Press Conference.

Thursday, April 11, 2024
10:00 – 11:00 a.m.

1028 E Pierce St
Phoenix, Arizona 85006

While a quorum of the Authority may be in attendance at this event, the members of the Authority will not engage in any deliberations, decisions, or other legal action of the public body.

Arizona IDA

Financing for New Affordable Housing Developments Approved in Goodyear, Arizona - Arizona IDA.

Financing for New Affordable Housing Developments Approved in Goodyear, Arizona.

The Arizona Industrial Development Authority last month approved the issuance of bonds for two affordable housing projects slated for the town of Goodyear.

The Estrella Springs development will bring 396 apartment units designed for families south of the southeast corner of Van Buren Street and the Loop 303. Its sister development, Suncrest Vista, will feature 261 units catering to seniors. Both developments will rent to low- and moderate-income tenants. Both projects are being developed by Minnesota-based Dominium Holdings.

Financing for New Affordable Housing Developments Approved in Goodyear, Arizona. Read More »

Arizona IDA Approves Bonds for Senior Housing Project - Glendale, Arizona

Arizona IDA Approves Bonds for Senior Housing Project in Glendale, Arizona

A new housing development to alleviate senior homelessness in the Valley received approval for financing from the Arizona Industrial Development Authority last month.

Mercy Housing Inc., of Colorado, received approval for issuance of $35 million in bonds to build 148 low- and moderate-income units at the northeast corner of 50th Avenue and Glenn Drive. Mercy indicated the Glendale Senior Apartments will also bring in unhoused seniors. Among the amenities will be solar arrays to help bring down energy costs. Mercy has been developing affording housing for more than 40 years.

Arizona IDA Approves Bonds for Senior Housing Project in Glendale, Arizona Read More »

Arizona IDA Approves Large Youngtown Affordable Housing Development

Arizona IDA Approves Large Youngtown Affordable Housing Development

Glendale – A new development funded by bonds secured through the Arizona Industrial Development Authority for low- and moderate-income residents broke ground Friday.

The $120 million project became a reality after the Arizona IDA gave approval to issue $70 million in bonds. The sale of the bonds closed this week for the project on 67th Avenue south of Glendale Avenue and developer Gorman and Co. plans to complete construction in less than two years.

Arizona IDA Approves Large Youngtown Affordable Housing Development Read More »

Arizona IDA and Gorman & Co - Centerline Affordable Housing Project.

Developer Breaks Ground on Low-Income Apartments in Glendale with Help from Arizona IDA

Glendale – A new development funded by bonds secured through the Arizona Industrial Development Authority for low- and moderate-income residents broke ground Friday.

The $120 million project became a reality after the Arizona IDA gave approval to issue $70 million in bonds. The sale of the bonds closed this week for the project on 67th Avenue south of Glendale Avenue and developer Gorman and Co. plans to complete construction in less than two years.

Developer Breaks Ground on Low-Income Apartments in Glendale with Help from Arizona IDA Read More »

ARIZONA IDA 47 ave Glendale ave affordable housing project

Arizona IDA approves $20 million bond for affordable housing project in Glendale, Az

The Arizona Industrial Development Authority agreed to be a conduit for $20 million in bonds for an Indiana company to build new affordable housing units in Glendale.

The 105-unit project will be built on the southwest corner of 47th and Glendale avenues. Indianapolis-based TWG Development is constructing two, three-story buildings that will lease to tenants who meet the income qualifications.

Arizona IDA approves $20 million bond for affordable housing project in Glendale, Az Read More »

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