$275 Million Bond Issued for senior living housing.
- 1 day ago
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The Tucson Industrial Development Authority (Tucson IDA) recently completed a $275 million bond financing in partnership with Endeavor to support a transformative development project in Southern Arizona for older adults.
This investment represents a significant step forward in advancing large-scale economic development, bringing new housing, jobs, and long-term community benefits to the region and enabling community members to age in place.
The project is expected to generate substantial economic impact, including hundreds of construction jobs, long-term employment opportunities, and increased local economic activity through new residents and commercial investment. In addition to job creation, the development will contribute to the region’s tax base and support broader infrastructure and community growth.
By leveraging conduit bond financing, Tucson IDA continues to play a critical role in unlocking private investment for projects that strengthen the local economy—without placing financial burden on taxpayers.
To learn more about our bond programs click here:
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