Greater Arizona Development Authority

Connecting rural and tribal communities to affordable financing for critical infrastructure projects.

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

Why use GADA

Lower Interest Rates

Borrowers use GADA’s strong bond rating for lower borrowing costs.

Reduced Fees

GADA would also subsidize up to 50 percent of the cost of issuance (closing costs).

Technical Assistance

GADA would fund up to $250k in technical support, which could then be rolled into the costs of the project financed by the GADA bond.

GADA supported 84 projects statewide from 1997 - 2014

Past projects included firehouses, libraries, recreation centers and transportation improvements.

GADA previously issued over $574 million in bonds, leveraging up and cycling out its original $20M allocation. Due to bond agreements restricting its current assets, GADA has not issued bonds since 2014.

Bonds are repaid through dedicated project revenues or local future tax revenues. GADA historically also provided valuable technical assistance to communities, helping finalize details of projects or even in early exploration of future projects.