Former Arizona Department of Housing (ADOH) staff member Dirk Swift has been named Executive Director of the Arizona Finance Authority (AFA). The AFA is a one-stop shop for financing, supporting businesses and communities’ infrastructure needs. Several bodies authorized to issue bonds are located within the AFA, including the Arizona Industrial Development Authority (AzIDA), Water Infrastructure Finance Authority (WIFA), and the Greater Arizona Development Authority (GADA).
The AzIDA has the ability to issue both single-family and multi-family housing bonds, and administers the Home Plus single-family mortgage program, formerly conducted through the Arizona Department of Housing.
Mr. Swift joined the Arizona Department of Housing in 2010, managing one of the functions of the Save Our Home AZ program, established in response to the foreclosure crisis. In 2014, Mr. Swift was promoted to the Housing Programs Administrator of the Arizona Housing Finance Authority (AzHFA) and worked in that position until the functions of the AzHFA were transferred to the AzIDA through an act of the legislature in 2016. Mr. Swift’s professional history includes a number of years in the field of lending.
The Department works with the AFA to help promote housing-related resources available through the AzIDA.