By Brandon Gray | KTAR
PHOENIX — A new project in Glendale will add 790 multi-family affordable rental units that will serve 1,465 people a year.
The Maricopa County Board of Supervisors approved an agreement Wednesday that will provide more than $7.1 million in funding to the city to build affordable housing, according to a press release.
District 4 Chairman Clint Hickman said the partnership with the city represents a significant step in addressing the need for accessible and affordable homes for the community.
“This collaboration is yet another example of our ongoing commitment to ensure that individuals and families have access to safe and affordable housing options in Maricopa County,” Hickman said in the press release.
How is the project being funded?
The funding is from the county’s federal American Rescue Plan Actallocation, which will be applied to four rental housing construction projects in Glendale.
Each development will have a mix of one, two and three-bedroom units.
In addition to the 7.9 million from Maricopa County, the city of Glendale is providing more than $2.98 million in funding for the project, totaling $10 million. More than $1.2 million in development fees will also be waived.
“These developments are vital. They will make a positive impact in the lives of the people in my community with not only housing but additional on-site features that will add to these developments,” Glendale Mayor Jerry P. Walters said in the press release.
