MISSION STATEMENT
      To provide community and economic 
      benefits to Phoenix residents through 
      bond financing and other community 
            investments
           Overview
  Statutory Powers
  Mission Statement
  Bond Projects
  Programs
  Bond Proceeds
      Statutory Powers
  Incorporated in 1981 as an Arizona nonprofit 
  corporation, by the Phoenix City Council
  Industrial Development Financing Act – 
  A.R.S. Title 35, Chapter 5 
  Political subdivision of the State of Arizona
      Statutory Powers
  Broad powers, including issuing bonds for 
  specific types of projects as listed below: 
  • Educational Facility Bonds
  • Manufacturing Facility Bonds
  • Housing Bonds
                      Statutory Powers
      Advantages of financing bonds through the Phoenix IDA
      •  Does not involve the credit or financial backing of the 
         City of Phoenix
      •  No cost to taxpayers
      •  Volume cap - out-of-state bonds do not affect the 
         bonding capacity of the City of Phoenix, the Phoenix IDA 
         or any other political subdivision of the state of Arizona 
      •  Bond proceeds used to support community and 
         economic development projects for Phoenix residents