Groundbreaking for Lariat Village, Tucson IDA financed project.

Community leaders and partners recently celebrated the groundbreaking of Lariat Village, a new affordable housing development financed by the Tucson Industrial Development Authority (Tucson IDA), marking an important milestone in expanding housing and economic opportunity in Southern Arizona.

Supported through Tucson IDA’s conduit bond financing, Lariat Village represents a strategic investment in the region’s future—delivering new housing options while creating construction jobs in the near term and long-term economic activity for the surrounding community.

Once complete, the project will provide high-quality housing designed to meet growing demand, while contributing to a more resilient and inclusive local economy. This groundbreaking reflects Tucson IDA’s continued commitment to advancing impactful projects that strengthen neighborhoods, support residents, and unlock private investment—without placing financial burden on taxpayers.