Phoenix commits $15 million to affordable housing through new trust fund
The Phoenix City Council unanimously approved a $15 million spending plan from its Housing Trust Fund as the city estimates a 59,000-unit shortfall.
The Phoenix City Council unanimously approved a $15 million spending plan from its Housing Trust Fund as the city estimates a 59,000-unit shortfall.
The 17-story city housing high-rise on North Oracle Road is about 15% through a floor-by-floor rebuild expected to finish in 2029.
The three-story facility, set to open in 2029, would include an NBA-size court and 60 affordable housing units above it.