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Valley Interfaith Project Marches for Affordable Housing at Arizona Capitol

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Published on February 14, 2024
Valley Interfaith Project Marches for Affordable Housing at Arizona CapitolSource: Unsplash/ Tom Rumble

In a concerted effort to address suffocating housing costs, the Valley Interfaith Project (VIP) is set to march on Arizona's state Capitol this Thursday. This coalition of religious congregations, backed by bishops and clergy from Roman Catholic, Episcopal and United Methodist faiths, is pressing for legislation that would bolster the stock of affordable housing for Arizona residents, as reported by ABC15.

The angst over housing affordability isn't unique to Arizona, with the likes of Minnesota embarking on aggressive measures to handle the crisis. As detailed by Finance & Commerce, Minnesota Housing Partnership's Executive Director Anne Mavity sees the state's largest-ever housing bill of $1.065 billion as merely an initial step. This landmark investment is primed to soar next, with a proposed constitutional amendment seeking a dedicated revenue source for housing issues, through a 3/8ths of 1% sales tax, that'll directly fuel three key housing funds.

With an array of about 30 faith-based organizations, VIP's advocacy in Arizona targets the state's low-income housing tax credit. The organization argues for its renewal and expansion, with claims that the program, set to expire by the year's end, funded over 1,000 affordable units in 2023 alone. Episcopal priest Father Hunter Ruffin told ABC15, "These are moral questions, we have a moral imperative to care for those who are on the margins experiencing poverty."

Meanwhile, the Minnesota initiative seeks to divide the proposed revenue among the Household and Community Stability Fund, the Home Ownership Opportunity Fund, and the Rental Opportunity Fund. According to Mavity, "We believe there should be universal rental assistance for everyone who needs it," highlighting the shortfall in federal funding. And while acknowledging the potential regressive impact on low-income citizens, Mavity upholds the belief that this sales tax measure is mitigated by Minnesota's exemptions and would spread the financial responsibility state-wide, as reported by Finance & Commerce.

Phoenix-Real Estate & Development