State officials said the program, which includes almost $500 million for Interstate 10–related projects alone, aims to improve transportation capacity along major commerce routes. This program includes the $1.9 billion Loop 202 South Mountain Freeway Project P3.

Nine awards were made this round to support economic development, community development, education, and health innovation throughout Phoenix.

According to a town of Sahuarita news release, the grant will be used to establish the Sahuarita Advanced Manufacturing and Technology Center (SAMTEC), which will house several businesses with the intent of establishing a small business innovation, research, and technology cluster.

Arizona companies received $51.77 million investment in 12 deals during the second quarter of 2017, according to the PwC/CB Insights MoneyTree Report. This is down from $55.68 million investment from five deals from the same quarter a year ago.

The borrower plans to use the funds to purchase the 267-unit multifamily housing complex and conduct an extensive interior and exterior rehabilitation. The $14.775 million project will include refurbishment of the kitchens and bathrooms, new appliances, lighting and flooring, as well as energy efficient windows.

CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Participants may register for one, two, or three courses during CDFA Summer School. Complete three courses, and you will have fulfilled half of the requirements for the DFCP Program.

Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss how the finance toolbox can be used to compliment the redevelopment and cleanup of your brownfield project.

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