Launched August 2016, the Arizona Finance Authority is uniquely positioned to provide financing opportunities to businesses looking to expand or relocate, communities building and improving water and public infrastructure, and first-time homebuyers trying to cover down-payments and closing costs. About the AFA The Arizona Finance Authority is a one-stop shop for financing, supporting expanding and relocating businesses, communities’ infrastructure needs and first-time homebuyers. Business and Project Financing The AFA’s Industrial Development Authority issues tax-exempt bonds for commercial activities using a streamlined process at competitive rates. Water and Public Infrastructure Financing The AFA’s water and public infrastructure financing authorities provide communities the opportunity to make smart investments through low-cost financing and incentives. Programs for Homebuyers The AFA’s homebuyer programs provide assistance to qualified renters who can get a mortgage but don’t have the resources for the down payment or closing costs.