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Central Arizona Housing Boom Tees Up Opportunity for Water Investors

Central Arizona has been booming – more people, more houses, more need for water. There’s also a long-term drought and less water to buy from the Central Arizona Project canal system. It’s leading Phoenix exurbs to cast about, looking for new buckets.

Opinion: Arizona Water Blueprint Aids Informed Water Planning

Water is Arizona’s most precious natural resource. Yet, despite its importance, few Arizonans actually understand where their water is sourced.

If someone asked you to identify Arizona’s three major water sources, could you name them? Could you explain why tens of thousands of Arizonans don’t have certainty about their long-term water supplies?

Arizona Housing Growth Tees Up Opportunity For Water Investors

Central Arizona has been booming — more people, more houses, more need for water. There’s also a long-term drought, and less water to buy from the Central Arizona Project canal system . It’s leading Phoenix exurbs to cast about, looking for new buckets.

Water Cutbacks Set to Begin Under Deal Designed to ‘Buy Down Risk’ on Colorado River

Arizona, Nevada and Mexico will start taking less water from the Colorado River in January as a hard-fought set of agreements kicks in to reduce the risk of reservoirs falling to critically low levels. The two U.S. states agreed to leave a portion of their water allotments in Lake Mead under a deal with California called the Lower Basin Drought Contingency Plan, or DCP, which the states’ representatives signed at Hoover Dam in May. California agreed to contribute water at a lower trigger point if reservoir levels continue to fall. And Mexico agreed under a separate accord to take steps to help prop up Lake Mead, the nation’s largest reservoir near Las Vegas, which now sits 40% full after a nearly 20-year run of mostly dry years.