SAGE MEMORIAL HOSPITAL WINS BOND BUYER DEAL OF THE YEAR – read more
Gov. Katie Hobbs and other Valley leaders attended the official grand opening of the latest affordable housing complex in Phoenix.
Salt River Flats near Broadway Road and 16th Street is home to 192 units for families who make 60% or less of the average income in the area.
Grand opening held for 192-unit affordable housing complex in south Phoenix Read More »
Dominium, which manages over 38,000 apartments in 19 states, will create two apartment complexes on adjacent land. They’ll be available for people earning no more than 60% of the area’s median income.
Juniper Square, an age-restricted community solely for seniors, is expected to open in the spring of 2026. The 287,458-square-foot complex will have 221 apartments with 66 one-bed units, 131 two-bed units and 24 three-bed units. There will be a pool and a central courtyard with fire pits and a ramada. Inside amenities include a fitness center, theater, salon and club room.
Developer breaks ground on affordable apartment units. Read More »
The Arizona IDA publishes its digital newsletter twice yearly. Click here to view the Spring 2024 Arizona IDA newsletter.
Arizona IDA Spring 2024 Newsletter Read More »
Phoenix officials, including Mayor Kate Gallego, broke ground on an affordable housing project, Dahlia Village, in the Valley last week.
Joining Gallego was District 8 Councilwoman Kesha Hodge Washington and representatives from both the City of Phoenix Office of Housing and Ulysses Development Group.
Phoenix Mayor Kate Gallego breaks ground on affordable housing project Read More »
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 »
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 »
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 »
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 »
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 »
The Arizona Industrial Development Authority [Arizona IDA] will be the conduit for a $19.5 million bond for construction and improvements at Benjamin Franklin Charter Schools in the southeast Valley.
Arizona IDA Authority approves $19.5 million for Benjamin Franklin Charter Schools Read More »
