By InBusiness Phoenix
The City of Phoenix, in collaboration with Trellis Community Development, proudly announces the groundbreaking of a transformative affordable housing project in the Garfield neighborhood. This initiative, part of the City’s commitment to expanding homeownership opportunities, will bring 10 new affordable and sustainable single-family homes to the community.
“This groundbreaking marks our latest efforts in the ongoing and urgent work of creating and preserving much-needed housing in our community,” Phoenix Mayor Kate Gallego said. “I’m grateful for the partnerships with homebuilders that make these projects a reality, and excited for the individuals and families who will call these houses their home.”
Through this partnership, Trellis purchased 10 City-owned lots to develop in the neighborhood. Trellis will construct the homes and offer them at affordable prices to homebuyers, ensuring long-term community stability. Seven of the homes are reserved for households earning up to 120% of the area median income (AMI), and three are designated for those earning 80% AMI or less. Down payment assistance will be provided, and low-interest gap financing will also be available, fostering long-term affordability for Phoenix families.
