The Arizona Health Facilities Authority has approved a $5,075,000 transaction for Community Partnership of Southern Arizona (CPSA). CPSA has requested the Authority issue its Adjustable Rate Revenue Bonds and loan the proceeds to Community Behavioral Health Properties, LLC, an Arizona limited liability company, the sole member of which is CPSA.

CPSA is the regional behavioral health authority designated by the State of Arizona to coordinate and manage publicly funded behavioral health services for Cochise, Graham, Greenlee, Santa Cruz and Pima Counties. CPSA is an administrative body and does not provide direct services.

CPSA proposes to use the funds for the acquisition, renovation, furnishing and equiping of property in Tucson, for use as offices, a conference and training center and various behavioral health treatment facilities, and the refinancing of CPSA's existing office and administrative facilities in Tucson. The project will create a centrally located facility providing a one-stop comprehensive crisis system.