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Arizona's Industrial Development Authority (IDA) bonds:

Correct Answer

B) Can provide low-interest home financing

IDA bonds can provide below-market interest rate financing for qualified homebuyers.

Answer Options
A
Are only for commercial property
B
Can provide low-interest home financing
C
Are federal programs
D
Are no longer available
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Related Topics & Key Terms

Related Topics:

alternative-financing-optionsmunicipal-bondsaffordable-housing-programseconomic-development-tools

Key Terms:

IDA bondsIndustrial Development Authoritybelow-market financingtax-exempt bondsaffordable housing
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