About
Our Mission
Tucson IDA enables strategic economic and community development by providing financing and access to capital for projects and programs that benefit a thriving Tucson.
Our Team
Dre Thompson
CEO
Nic Dahl
Executive Vice President
Mark McKenna
Director of Lending
Diana Weisbrod
Business Loan Officer
Nicole Johnson
Business Development & Affordable Housing Program Manager
Collaborators
Francisca Villegas
City of Tucson
Gisselle Coronado
City of Tucson
Narda Flores
City of Tucson
Additional Advisors
CHRISTOPHER AMBROSIO
General Counsel
Christopher Ambrosio's practice is focused in the areas of Commercial Litigation, Corporate Governance Law, Corporate Law, and Real Estate Law. Christopher is admitted to practice law in Arizona.
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Contact:
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TERRY FLORES
HR & Executive Solutions
Terry Flores is the Founder and Principal of Options + Resolutions. She is a JD and SPHR with decades of experience in guiding firms through complex situations and powerful policy development.
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At the IDA she supports the leadership through policy formation, training, and recruitment.
Board of Directors
Tucson IDA’s Board of Directors is comprised of private, volunteer citizens appointed by the Mayor and Council of the City of Tucson, Arizona (the “City”). The Board of Directors meet monthly or as otherwise necessary. Directors serve a 6-year term.
Board members are selected based on their professional expertise and contributions to the greater Tucson region. The members of the IDA’s current Board of Directors are:
JUDY CLINCO
President, 2019 - 2025
Judy Clinco is the Founder and President of Catalina In-Home Services in Tucson, Arizona, a family owned and operated company that provides care and support to elders in the Tucson region since 1981. In 2001 Judy founded the Caregiver Training Institute, which under her leadership has built a trained, qualified direct care workforce in response to the community’s expanded need for long term care. By raising the standard of long term care through this training initiative, Judy believes that long term care can be an economic driver for the Tucson region.
MEREDITH ARONSON
Vice-President, 2021 - 2027
Meredith Aronson has over 30 years of experience across higher education, small business, corporate, and government focused on organizations, technology, and innovation. She has founded/led 2 small businesses (manufacturing and consulting), led regional economic development efforts at Penn State University and New Jersey Institute of Technology, and most recently, is leading IT product strategy for the digital experience at the University of Arizona. She is passionate about regional economic development and creating economic opportunity through growing talent, innovation, and quality places.
MONIQUA LANE
2021 - 2027
A native Tucsonan, it is Moniqua Lane’s deep connection to and reverence for Tucson’s history, culture and unique geography that informs the operational and aesthetic style of Motown Development, with a focus on innovative, small scale hospitality and multi-family development strives to create meaning through place. Of MoTown’s two principals, Moniqua brings experience developing, branding, marketing, and operating independent, boutique properties, both existing and ground up. MoTown’s first project, The Downtown Clifton Hotel.
MIMI NOSHAY-PETRO
Secretary, 2019 - 2025
Melissa Petro, or “Mimi” as she is commonly known, practices in the areas of business transactions, real estate, and estate planning and probate. Ms. Petro represents individuals and organizations in connection with the formation, operation, and sale of their businesses to include leasing, employment, financing, and general business matters.
PATRICIA SCHWABE
2021 - 2027
Patricia Schwabe has over 20 years of experience in real estate and as a small business owner in Tucson. Her businesses include Penca Restaurant and Owls Club. She and her husband, Ron, are partners in Peach Properties, a local development, sales and leasing real estate company focusing on Tucson’s downtown and warehouse districts. She is a trustee of the Tucson Symphony Orchestra and a former board member of The Loft Cinema.
Our Impact
BILLION
$1.2
Affordable Home Loans
Originated
Affordable Housing Bond Projects
$141
MILLION
Down Payment Assistance Provided
$11
MILLION
AVANZA
MILLION
$7.5
Small Business Loans
MILLION
$414
Single Family Home
Bond Projects
Economic Development
Bond Projects
MILLION
$32
Tucson IDA of the City of Tucson, Arizona is a nonprofit corporation designated a political subdivision of the State of Arizona, created by a resolution of the Mayor & Council of the City of Tucson on January 15, 1979.
News
KOLD | 3 April 2023
Tucson creates loan program to help underrepresented businesses
Avanza Empowerment Fund will provide small businesses with support and flexible capital.​
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Arizona Daily Star | 23 February 2023
Tucson to create loan fund to help minority-owned businesses
Tucson’s small business owners belonging to underrepresented communities will soon be able to receive resources to help them grow and maintain their ventures through a new loan fund that will provide capital for operations.
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BizTucson | 20 July 2021
Tucson IDA invests in assembling downtown properties
The nonprofit Tucson Industrial Development Authority recently purchased two properties in downtown Tucson, Block 174, as part of an assemblage of three properties to deliver on its mission to assist in the rehabilitation, expansion and development of business and industry.
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