By Kayla Rutledge | East Valley Tribune
Home is where the heart is, and a partnership between cities across the Valley and a nonprofit developer called Newtown Community Development Corporation aims to make homes increasingly affordable in downtown areas throughout Chandler, Scottsdale, Tempe and Glendale.
The partnership between the cities, called the “Maricopa Home Consortium,” helps fund Newtown, an organization that works to increase the value of homes and enhance neighborhoods by refurbishing foreclosed properties that are out of code, uninhabitable and unsightly.
The nonprofit has used federal funding to purchase 136 foreclosed properties and turn them into updated, energy efficient homes and give low-income, first-time homeowners an opportunity to afford housing in prime locations.
