2022 Grant Program

overview

ABOUT THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF SCOTTSDALE, ARIZONA

The Industrial Development Authority of the City of Scottsdale, Arizona (IDA) is a nonprofit corporation designated a political subdivision of the State of Arizona. The IDA was incorporated on June 15, 1984 and its formation was approved by the Scottsdale City Council. The IDA has the legal ability to issue taxable and tax-exempt revenue bonds for projects permitted by Arizona law. Financing undertaken by the IDA often results in below market interest rates. Projects approved by the IDA are subject to final approval by the Scottsdale City Council.

MISSION

The IDA is committed to expanding economic development and business enterprise for the City of Scottsdale, Arizona. The primary mission of the IDA is to promote the retention, expansion and attraction of businesses and commercial enterprises in the City of Scottsdale and to expand employment opportunities. In addition, the IDA supports community programs that enhance the City of Scottsdale through the IDA’s Community Grant Program.

IDA MEMBERS

The governing body of the IDA consists of a seven (7) member Board of Directors. All members of the Board of Directors of the IDA are appointed by the Scottsdale City Council. Officers of the IDA are elected by the Board of Directors.

IDA BOARD OF DIRECTORS

Evelyn Racette President

Eloy Yndigoyen Vice President

Jeffery Greene Secretary

Daniel Stewart Treasurer

David Hyde Member

Mary Grier Member

Thomas Williams Member

STAFF CONTACTS:

Suzanne Durkin-Bighorn, Administrative Director admin@scottsdaleazida.org  480-312-7125

2022 Grant Application Summary

The purpose of the IDA Community Grant Program is to support economic development efforts that benefit the citizens of the City of Scottsdale with an emphasis on education, healthcare, affordable housing, and workforce development.