Welcome to the Phoenix Industrial Development Authority

The Phoenix IDA's mission encompasses providing bond financing for educational facilities and community and economic development projects, including manufacturing and affordable housing. Since January 2009, the Phoenix IDA has issued more than $246 million in bonds for various in-state and out-of-state projects, with over $230 million of that amount issued since January 2010. One of the Phoenix IDA's short-term goals is to continue increasing its presence locally and nationally to further benefit the residents of the city of Phoenix and the state of Arizona. 

As a nonprofit corporation under the laws of Arizona, the Phoenix IDA has broad powers, including issuing bonds for specific types of projects described in the state law-enabling legislation. Such “projects” include, but are not limited to the following:

  1. Educational facilities;
  2. Manufacturing facilities; 
  3. Office buildings for use as corporate or company headquarters or regional offices;
  4. Health care facilities;
  5. Housing; and
  6. Facilities owned or operated by a 501(c) organization.