Phoenix

Phoenix Housing Department Nears Goal with Nearly 48,000 Units Created or Preserved

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Published on December 24, 2024
Phoenix Housing Department Nears Goal with Nearly 48,000 Units Created or PreservedSource: City of Phoenix

The City of Phoenix Housing Department has nearly achieved its goal for the Housing Phoenix Plan, creating and preserving almost 48,000 housing units, which is 96% of its targeted aim. This effort, as detailed in the recent press release, includes a variety of housing options for different income levels. According to the latest quarterly update, affordable and workforce housing makes up a significant portion of these units.

Federal grants have also played a crucial role in revitalizing specific Phoenix neighborhoods. Edison-Eastlake and Marcos de Niza are to notably benefit from this funding, with the former set to completely transform outdated public housing into mixed-income homes. These efforts are intended not just to provide housing, but also to to effectively enhance community support systems and resources.

Furthermore, the Family Self-Sufficiency (FSS) Program has reported the successful graduation of 44 families in 2024. "Collectively, these families started with a combined income of approximately $560,000 and graduated with a combined income of more than $1.96 million," the City of Phoenix stated, reflecting the program's impact on fostering financial independence and homeownership among participants.

The Phoenix Housing Department has used pandemic relief funds to enhance its programs, including a Landlord Incentive Program that has increased property owner participation in the Housing Choice Voucher program. This expands housing options and strengthens tenant-landlord relationships. Additionally, Phoenix has amended zoning laws to reduce parking requirements for multifamily developments. This change aims to lower construction costs and boost affordable housing, supporting the city's commitment to equitable and sustainable housing, as per the City of Phoenix.