TUCSON, Ariz. (KVOA) – The Pima County Board of Supervisors has approved a second batch of funding for affordable housing projects, reportedly creating 835 more units of affordable housing in the county. will be provided.
The board met Tuesday, Feb. 20, and the vote passed 4-1 to award $6.875 million for affordable housing.
The board also indicated it would consider funding for future projects at its March 5 meeting.
The Board approved the first round of funding in June 2023, designating $2.625 million for two affordable housing projects to develop or preserve 203 affordable housing rental units. It is said.
The supervisors' action is part of recent approval of Pima County's Prosperity Initiative, which the county says will “reduce intergenerational poverty and increase the population of individuals.” a broad set of policies aimed at and community wealth. ”
“This is local money going to local people, and improving opportunities and outcomes for low-income renters and homeowners will help stabilize the economy for all of us,” Pima County said Dan Sullivan, Director of Community & Workforce.Development department
“The board, commission and county are moving as quickly as possible to put this funding into action.”
The following projects have been approved by the Board of Supervisors, allowing the County to negotiate contracts with these vendors.
New development/rental:
- West Point Apartments II, La Frontera Partners, Inc., $1 million.
- Belvedere Terrace, LP, Newport SW LLC., $1 million.
- Desert Dove Apartments, GHK Properties, LLC, $1 million.
- The Safford, Marana Leased Housing Associates, LLLP, Dominium, $1 million
- Emery Park Place, Family Housing Resources, Southern Arizona Land Trust, Inc. $500,000
New development, home ownership:
- Mars Landing Development, Habitat for Humanity, $1 million.
Existing – preserve, renovate and reuse:
- Tucson House, City of Tucson, $1 million
- El Camino Affordable Homes, Casa Maria and Compass Affordable Homes, $375,000.
The county says both funding opportunities will ensure a total of 1,038 units will be developed or preserved, including a commitment to a 30-year housing affordability period.
