By Sam Kmack | Arizona Republic
Tempe will receive $11 million from Maricopa County to buy land in the northern part of the city for a new affordable housing complex, part of Mayor Corey Woods’ plan to beef up Tempe’s housing stock in a big way during his second term.
Maricopa County is pulling the cash from its left over federal pandemic relief funds. County leaders have dolled out multiple such grants for affordable housing projects over the past month, awarding a combined $40 million to Valley communities.
Tempe’s $11 million county grant is going toward the purchase of a piece of property somewhere in the city’s northern half. Officials haven’t settled on a specific property yet and they haven’t fleshed out a solid plan for how it will get developed, but the “preliminary” plan is for the city to buy the land and then ask companies to bid on a contract to construct housing there.
