Bond Financing Process

The Phoenix IDA's full-time professional team works with applicants throughout the financing process, from application to closing. Below are the six primary steps of the bond financing process.
  • Applicant contacts the Phoenix IDA to determine feasibility of bond financing.

  • Applicant assembles the finance team prior to submitting an application.

  • Applicant completes a streamlined, online application at

  • Project is presented to the Phoenix IDA Board of Directors, which considers approval of bond issuance.

  • Phoenix City Council considers approval of Phoenix IDA bond proceedings.

  • Bonds are sold and the project gets funded.

Bond Financing Procedures
For detailed information about the Phoenix IDA's bond financing process, download the Procedural Pamphlet, which includes a detailed bond fee schedule, and bond denomination standards.

Frequently Asked Questions (FAQs)
If you have questions about the bond application specifically, visit the Application FAQs page.

Apply Now for <strong>Bond</strong> Financing
More Information
For more information, please contact Mike Santellanes at (602) 262-7644 or