A problem with prosperity: Fewer landlords participating in affordable-housing programs in Tempe, Chandler

By Jerod MacDonald-Evoy | The Republic

Tempe and Chandler are enjoying a boom in tech-industry jobs alongside economic growth not seen since the days before the Great Recession.

That increased prosperity comes with an unanticipated consequence.

Affordable housing is becoming harder to find, and properties that historically participated in rental-assistance programs are starting to opt out.

Representatives of cities and non-profits are not entirely sure why that is happening, but an increase in financially qualified tenants could be one reason.

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May 12, 2017

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