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Taft Helps Shape Landmark State Affordability Infrastructure Districts Legislation in Arizona
Summary by Benzinga
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Taft Helps Shape Landmark State Affordability Infrastructure Districts Legislation in Arizona
PHOENIX, June 9, 2026 /PRNewswire/ -- Arizona positioned itself at the forefront of special district finance nationwide as Governor Katie Hobbs signed House Bill 2999 into law, establishing the State Affordability Infrastructure District ("SAID") framework under a new Chapter 40 of Title 48 of the Arizona Revised Statutes. The legislation creates a powerful mechanism by which developers and homebuilders can leverage tax-exempt financing to cons…
·New York, United States
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