November 22, 2024 9:13 am
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Valley city proposes incentives to support growth of affordable housing

By Audrey Jensen | Phoenix Business Journal

The city of Glendale, one of the largest suburbs of Phoenix, is looking to increase its affordable housing supply by incentivizing developers. 

A city report said that Glendale currently has 1,306 units of affordable housing under some form of development with five developers. But market conditions including inflation, supply chain issues, labor shortages and increased costs of materials have made it difficult to build. 

Read the full subscription story from the Phoenix Business Journal.

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