The Phoenix IDA hires Cindy Stotler as Housing Director
New position will lead the organization’s affordable housing strategy
PHOENIX (April 12, 2023) – The Phoenix IDA, an entrepreneurial nonprofit that provides innovative public finance solutions, recently named Cindy Stotler to the position of housing director.
Across the nation, housing affordability ranks among the most difficult challenges facing cities. With Maricopa county recently named the fastest-growing county in the U.S. according to U.S. Census data, Phoenix is no exception.
Stotler will be responsible for developing, implementing, managing and updating the overall housing strategy on behalf of the Phoenix IDA to maximize support and benefits to underserved communities in Phoenix and Maricopa county, which aligns with the organization’s mission.
The City of Phoenix committed to creating or preserving 50,000 housing units by 2030. Part of the plan includes prioritizing new housing in areas of opportunity; redeveloping city-owned land with mixed-income housing; increasing public, private and philanthropic financing; and supporting affordable legislation, among other goals.
“When it comes to affordable housing, Cindy is a proven leader with a vast amount of experience at both the state and city levels,” said Juan Salgado, CEO of the Phoenix IDA. “She will guide our overall affordable housing strategy, as we seek to assist vulnerable community members.”
Stotler will work with representatives from the City of Phoenix, the State of Arizona, various federal housing agencies, as well as communities, organizations and neighborhoods on issues related to affordable housing.
With more than three decades of experience, Stotler is a highly skilled executive with vast knowledge about public administration, federal programs, housing development and community engagement. She most recently served as deputy director for the Arizona Department of Housing, and prior to that served 32 years with the City of Phoenix, including six years as housing director.
Stotler has a master’s degree in human relations and a bachelor’s degree in accountancy, both from Northern Arizona University. She has won numerous awards of excellence from the City of Phoenix over her career, including the City Manager’s Individual Excellence in Management Award.