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CDFA Arizona Financing Roundtable Newsletter - July 2017
July 19, 2017
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CDFA Arizona Financing Roundtable Newsletter


AZ Launches Five-Year Infrastructure Construction Program
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.

Phoenix IDA Community Development Fund Awards Announced
Nine awards were made this round to support economic development, community development, education, and health innovation throughout Phoenix.

$3M EDA Grant Will Support New Sahuarita, AZ Manufacturing Project
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.

AZ Startups Raise Nearly $52M Last Quarter
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.

Phoenix IDA Issues Bonds to Support Low-Income Housing Rehab
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.

Upcoming Events

CDFA Summer School
August 7 - 11, 2017 - Minneapolis, MN
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.

CDFA Brownfields Financing Webinar: Hazardous to Healthy: Financing Solutions for Recovering Brownfields
August 31, 2017 - 2:00 - 3:30 PM Eastern
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.

Arizona News

LIHTC Supports Menlo Park Housing Development
Arizona Public Media | Jul. 14 | Tax Credits

Goodyear, AZ Offering Incentives to Attract Development
ABC 15 | Jul. 14 | Incentives


State Partner

Arizona Association for Economic Development The Industrial Development Authority of the County of Pima

Premium Sponsor

Kutak Rock LLP

For information about sponsoring the CDFA Arizona Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.

The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information about CDFA, visit www.cdfa.net or e-mail info@cdfa.net.

Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300

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CDFA National Sponsors

  • Alaska Industrial Development and Export Authority
  • Baker Tilly Virchow Krause
  • Ballard Spahr LLP
  • BNY Mellon
  • Bricker & Eckler LLP
  • Bryan Cave LLP
  • Business Oregon
  • CohnReznick
  • FBT Project Finance Advisors LLC
  • Frost Brown Todd, LLC
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • MB Financial Bank, NA
  • McCarter & English, LLP
  • McGuireWoods
  • Miles & Stockbridge P.C.
  • NW Financial Group, LLC
  • SB Friedman Development Advisors
  • Squire Patton Boggs
  • Stern Brothers & Co.
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Wilmington Trust
  • Z. The Bond Buyer
Become a Sponsor