In its ongoing effort to address housing affordability challenges in the region, the Maricopa County Board of Supervisors has approved a $10.8 million investment to develop new housing in the City of Tempe. The project is a collaborative effort between Maricopa County and Tempe to acquire land in North Tempe for a modern, mixed-use multi-family rental community.
Board of Supervisors Chairman Clint Hickman, representing District 4, highlighted the impact of this investment, stating, "This decision reflects a commitment that goes beyond bricks and mortar; it's about creating a foundation for people to thrive. This funding is a catalyst for creating a vibrant neighborhood where our residents can participate in our local economy."
This project, made possible through Maricopa County's share of federal American Rescue Plan Act (ARPA) dollars, is a reflection of the work done by Vice Chairman Jack Sellers to champion this project alongside Tempe Mayor Corey Woods.
"The collaboration between county and city government in the pursuit of affordable housing is a powerful alliance. It combines the strengths of both entities, allowing for a more comprehensive and effective approach,” said Jack Sellers, Board of Supervisors Vice Chairman, representing District 1. “Together with Tempe Mayor Corey Woods, our shared efforts will create a community asset that will provide housing solutions in the near term and lay the groundwork for a prosperous future for all who will call this development home."
To ensure affordability of the housing, units will be constructed to be energy efficient and one-half of the rental units will be designated as affordable housing reserved for income-qualified households that earn between 30 and 80 percent of the Area Median Income (AMI). For a family of four, this would equate to an income of $30,000 to $74,800 per year.
“We are grateful for our partnership with Maricopa County and our shared vision to substantially increase affordable housing in Tempe and cities across our region,” said Mayor Corey Woods. “In Tempe, our innovative Hometown for All initiative is driving an expansion of affordable housing to provide opportunities for anyone who wants to call this city home. Our partnerships with Maricopa County and other stakeholders are valued and vital to addressing housing needs for individuals and families in our community.”
Amenities at the housing development will be focused on promoting a healthy lifestyle including intergenerational social interaction among neighbors and access to healthy food within ground-level retail spaces.
This $10 million investment is one of many collaborations that Maricopa County and Tempe have undertaken over the last 20 months.
For more information on Maricopa County's work across the County to address housing needs, visit Maricopa.gov/Housing.
Maricopa County Vice Chairman Jack Sellers (right), District 1, shakes hands with Tempe Mayor Corey Woods (left).
Maricopa County and City of Tempe leaders left to right: Tempe City Manager Rosa Inchausti, Tempe Mayor Corey Woods, Maricopa County Board of Supervisors Vice Chairman Jack Sellers (District 1), Maricopa County Human Services Director Jacqueline Edwards, City of Tempe Deputy Community Health & Human Services Director Irma Hollamby Cain.