Industrial Development Authority

The Industrial Development Authority of the County of Yavapai (“Authority”) was incorporated in 1977 to provide bond financing for community and economic development for qualifying “Projects”. In general, these Projects allow businesses to finance loans for the acquisition, construction, improvement or equipping of properties as authorized by the Arizona Revised Statutes.

Since its inception, the Authority has issued more than one billion dollars in bond financing. For more information on the type of Projects for which bonds can be issued, please refer to A.R.S. § 35-701 and/or feel free to contract the Authority’s legal counsel.

Embry-Riddle Aeronautical University has been working with the Industrial Development Authority (IDA) of Yavapai County since 1980. The IDA has always been extremely cooperative and accommodating in advancing the issuance of bonds to finance facilities and improvements located at the University's campus in Prescott, Arizona . The IDA staff are a pleasure to work with. They are very professional, knowledgeable, flexible and responsive.

Randall B. Howard, Ph.D.
Senior Vice President and CFO
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The Authority has issued over 60 Bonds since 1977.

Value of bonds issued approximately $1.1 Billion

Not for Profit Bonds $800,000,000
For Profit Bonds $300,000,000

We have some of the lowest IDA fees in the State, based on a June 2022 survey for a $50 million bond

Did You Know?

Facts about YCIDA

West Yavapai Guidance Clinic has worked with the Industrial Development Authority of the County of Yavapai (“YCIDA”) on two occasions over the last decade. Our experience has been that the YCIDA has been very helpful and process has been very efficient. We are pleased to recommend the YCIDA to any entity interested in obtaining bond funding.

Larry D. Green Jr.
Chief Executive Officer
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Who is eligible to apply?

Any for profit or nonprofit organization seeking bond financing for a qualifying “Project” may submit an Application.

How long does the process take?

On average, the process generally takes between three and four months. However, the time can vary based on particular circumstances in each situation.

What is the process?

The bond process begins when an entity submits an Application (with 10 copies) and the filing fee to the Authority. The Authority’s legal counsel then reviews the Application and arranges meetings for the Authority to consider and process the bond request. The Authority normally meets on the second Wednesday of each month. It usually takes at least two meetings with the Authority before a final decision on the issuance of bonds is made. Please see the Application for further details.