SAGE MEMORIAL HOSPITAL WINS BOND BUYER DEAL OF THE YEAR – read more

SAGE MEMORIAL HOSPITAL WINS BOND BUYER DEAL OF THE YEAR

Housing

Arizona IDA - The Ranches at Gunsmoke and Ironwood Ranch both in Maricopa, Arizona

2 affordable rental developments break ground, adding over 500 subsidized housing units

MARICOPA – City and state leaders joined developers today to break ground and tour two major affordable housing developments in Maricopa. Together, these new communities will bring more than 500 new homes to Maricopa. Ironwood Ranch and The Ranches at Gunsmoke are billed as a “significant milestone” in Arizona’s response to the housing affordability crisis.

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Arizona IDA - Fort Whipple VA Apartments.

U.S. Vets Plans Groundbreaking for Fort Whipple Development for Homeless Vets

PRESCOTT – Gov. Katie Hobbs will join U.S.VETS Prescott, Gorman & Company and community leaders on May 16 at 11 a.m.to celebrate the groundbreaking of Fort Whipple, a new permanent supportive housing development for homeless and at-risk senior veterans and their families on the Northern Arizona VA Health Care System campus located at 500 Highway 89 North in Prescott.

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Dominium Development, Juniper Square, and the Arizona IDA

Developer breaks ground on affordable apartment units.

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.

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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.

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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.

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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.

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