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The Arizona Finance Authority (AFA) is a comprehensive resource for financing, supporting, expanding, and relocating businesses, addressing community infrastructure needs, and assisting homebuyers. The AFA is committed to providing a streamlined, predictable process that gets borrowers the affordable financing they need.

 

 

 

In the News

CDFA Award

Arizona Finance Authority receives Distinguished Development Finance Agency Award

National award recognizes AFA’s leadership in expanding economic opportunities for Arizona’s rural and tribal communities PHOENIX, Ariz. (November 14, 2024) — Today the Arizona Finance Authority (AFA) received the Distinguished Development Finance Agency – State Award from the Council of Development Finance Agencies (CDFA), a national industry association. Under Governor Katie Hobbs, the Arizona
Greater Arizona Development Authority

Arizona Reactivates Greater Arizona Development Authority, Unlocking Millions in Infrastructure Financing for Rural and Tribal Communities

Phoenix, AZ – Governor Katie Hobbs, the Office of Economic Opportunity, and the Arizona Finance Authority (AFA) are announcing the reactivation of the Greater Arizona Development Authority (GADA) with a new round of financial assistance open as of August 1, 2024. GADA, established in 1997, is a financing program that leverages private financing to assist rural communities and Tribal governments

 

 

Economic development roles to support local and statewide efforts

The Arizona Finance Authority, housed in the Arizona Office of Economic Opportunity, strengthens Arizona communities by offering innovative, responsible, and sustainable financing solutions for public and private borrowers.

Effective August 6, 2016, the Arizona Industrial Development Authority replaced the Arizona Health Facilities Authority, the Arizona Housing Finance Authority, and the Arizona International Development Authority. If you have any questions, please don't hesitate to contact the AFA management team.

More about the Arizona Finance Authority and Private Activity Bond Volume Cap

GADA assists Arizona communities with the development of public infrastructure projects that enhance community and economic development.

More about the Greater Arizona Development Authority

AFA and its partners collaborate to bring funding opportunities to support green jobs, rural communities, and small businesses.

More information is available here.