The Coyotes' arena plans have rekindled the debate over tax increment financing and incentives for sports teams and stadiums. The Coyotes' goal is "to create a finance structure that has the Coyotes putting in a significant amount to jump start a true public-private partnership project."

Arizona Gov. Doug Ducey wants to bring all economic development agencies and data generators under one roof. The governor's office was adamant the move was not a consolidation, but strategic in bringing the similar-mission agencies together under one roof.

Lucid Motors, a startup developing luxury electric cars to compete with Tesla, plans to build its $700 million factory in Arizona, picking a site Tesla once considered. The company picked the Arizona location in part because of its access to rail lines and interstate freeways, its educated workforce and its short distance by plane from Lucid's Silicon Valley headquarters.

Salt River Project's board and council recently approved the refunding sale of more than $761 million of 2016 Series A public power revenue bonds, which will ultimately save customers more than $151 million over the next 21 years.

Clearinghouse Community Development Financial Institution announced that it has been awarded a $65 million New Markets Tax Credit allocation from the United States Department of Treasury CDFI Fund. These credits will provide financing for affordable housing, commercial real estate, and small business loans.

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