2min chapter

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How Empty Land in the Arizona Desert Gets Turned Into Homes

Odd Lots

CHAPTER

How Do You Identify Potential Purchases in Arizona?

In Arizona, it's critical to have an assured water supply. While 18% of the land in Arizona is private, only a small fraction of that actually has a hundred year water supply. There are areas that are known as certificate of assured water supply areas. Other areas have what's called a designated provider. And that might be a city, it might be a private water company. It's very interesting because it creates different incentives within those areas. So for example, a designated provider area, all demand counts towards that allocation. If it's industrial, if it's multifamily, there's a fixed amount of water and everything counts towards that total capacityWithin a certificate of assuredWaterSupply

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