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Downtown Tucson


Our Mission 

Tucson IDA enables strategic economic and community development by providing financing and access to capital for projects and programs that benefit a thriving Tucson. 
Our Team

Our Team


Dre Thompson


Nic Dahl
Executive Vice President


Sara Lippitt


Nicole Johnson 
Business Development & Affordable Housing Program Manager

Angelique Aubrahm

Angelique Aubrahm
Operations Coordinator

Rebecca Meyer

Rebecca Meyer
Engagement & Outreach Coordinator

Demetry Simonton

Demetry Simonton
Community Outreach Advisor 

Armando Ojeda

Armando Ojeda
Business Education


Liliana Lopez
Financial Empowerment Advisor



Francisca Villegas
City of Tucson 

Gisselle Coronodo

Gisselle Coronado
City of Tucson


Narda Flores
City of Tucson

Additional Advisors

Chris Ambrosio

General Counsel

Christopher Ambrosio's practice is focused in the areas of Commercial Litigation, Corporate Governance Law, Corporate Law, and Real Estate Law. Christopher is admitted to practice law in Arizona.



CPA, Dark Horse CPAS

Riana Linsky is a Certified Public Accountant with experience in nonprofit, corporate, and governmental accounting. 


HR & Executive Solutions

Terry Flores is the Founder and Principal of Options + Resolutions.  She is a JD and SPHR with decades of experience in guiding firms through complex situations and powerful policy development. 

At the IDA she supports the leadership through policy formation, training, and recruitment. 


Strategic Planning

Toby Rittner is the President & CEO - Council of Development Finance Agencies. He has been featured extensively in The Bond Buyer, Wall Street Journal, Bloomberg, NPR and other national media publications concerning the advancement of development finance tools. 

At the IDA he has lead strategic framework development and executive training. 

Board of Directors

Tucson IDA’s Board of Directors is comprised of private, volunteer citizens appointed by the Mayor and Council of the City of Tucson, Arizona (the “City”). The Board of Directors meet monthly or as otherwise necessary. Directors serve a 6-year term.

Board members are selected based on their professional expertise and contributions to the greater Tucson region. The members of the IDA’s current Board of Directors are:

Board of Directors

President, 2019 - 2025

Judy Clinco is the Founder and President of Catalina In-Home Services in Tucson, Arizona, a family owned and operated company that provides care and support to elders in the Tucson region since 1981. In 2001 Judy founded the Caregiver Training Institute, which under her leadership has built a trained, qualified direct care workforce in response to the community’s expanded need for long term care. By raising the standard of long term care through this training initiative, Judy believes that long term care can be an economic driver for the Tucson region.

Vice-President, 2021 - 2027

Meredith Aronson has over 30 years of experience across higher education, small business, corporate, and government focused on organizations, technology, and innovation.  She has founded/led 2 small businesses (manufacturing and consulting), led regional economic development efforts at Penn State University and New Jersey Institute of Technology, and most recently, is leading IT product strategy for the digital experience at the University of Arizona.  She is passionate about regional economic development and creating economic opportunity through growing talent, innovation, and quality places.

Treasurer, 2017-2023

Sandra Barton is the Tucson commercial real estate manager for Alliance Bank of Arizona. She has also held leadership positions at Bank of America and JP Morgan Chase. She serves on the board of directors of National Charity League and is also a member of the Tucson Commercial Real Estate Women (CREW), Executive Council, Southern Arizona Home Builders Association, Pima County Real Estate Research Council and Southern Arizona CCIM.

Secretary, 2019 - 2025

Melissa Petro, or “Mimi” as she is commonly known, practices in the areas of business transactions, real estate, and estate planning and probate.  Ms. Petro represents individuals and organizations in connection with the formation, operation, and sale of their businesses to include leasing, employment, financing, and general business matters.

2021 - 2027

Patricia Schwabe has over 20 years of experience in real estate and as a small business owner in Tucson. Her businesses include Penca Restaurant and Owls Club. She and her husband, Ron, are partners in Peach Properties, a local development, sales and leasing real estate company focusing on Tucson’s downtown and warehouse districts. She is a trustee of the Tucson Symphony Orchestra and a former board member of The Loft Cinema.

2021 - 2027

A native Tucsonan, it is Moniqua Lane’s deep connection to and reverence for Tucson’s history, culture and unique geography that informs the operational and aesthetic style of Motown Development, with a focus on innovative, small scale hospitality and multi-family development strives to create meaning through place. Of MoTown’s two principals, Moniqua brings experience developing, branding, marketing, and operating independent, boutique properties, both existing and ground up. MoTown’s first project, The Downtown Clifton Hotel.

Our Impact 



Affordable Home Loans

Affordable Housing Bond Projects



Down Payment Assistance Provided






Small Business Loans



Single Family Home 
Bond Projects

Economic Development
Bond Projects



Tucson IDA of the City of Tucson, Arizona is a nonprofit corporation designated a political subdivision of the State of Arizona, created by a resolution of the Mayor & Council of the City of Tucson on January 15, 1979. 



KOLD  |  3 April 2023

Tucson creates loan program to help underrepresented businesses

Avanza Empowerment Fund will provide small businesses with support and flexible capital.

Read on KOLD →

Arizona Daily Star  |  23 February 2023

Tucson to create loan fund to help minority-owned businesses

Tucson’s small business owners belonging to underrepresented communities will soon be able to receive resources to help them grow and maintain their ventures through a new loan fund that will provide capital for operations.

Read on Arizona Daily Star →

BizTucson  |  20 July 2021

Tucson IDA invests in assembling downtown properties

The nonprofit Tucson Industrial Development Authority recently purchased two properties in downtown Tucson, Block 174, as part of an assemblage of three properties to deliver on its mission to assist in the rehabilitation, expansion and development of business and industry.

Read on BizTucson →


Annual Report 
& Financials

Annual Report & Financials
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