The Phoenix Industrial Development Authority (Phoenix IDA) is a nonprofit organization established in 1981, dedicated to supporting community and economic development through innovative financing. Its primary goals include increasing job opportunities, providing housing for underserved communities, and supporting education and healthcare initiatives. The Phoenix IDA focuses on bond financing for various projects, having issued over $1.7 billion in bonds since its inception. It aims to positively impact vulnerable populations and enhance the quality of life in the community.