Arizona continues to facing a housing shortage and an affordable housing crisis. This city says it has a solution to help alleviate the shortage. phoenix
The city of Glendale, one of the largest suburbs of Phoenix, is looking to increase its affordable housing supply by incentivizing developers.
"The number of persons living in poverty is 6% higher, indicating that Glendale has a larger proportionate rate of residents in need of affordable housing units," the city report said. A proposed, three-year grant program would also incentivize additional private capital investment and development of affordable housing. This program would provide grants to developers that may need city assistance.
More cities are working on solutions to increase the state's housing supply following a shortage of units and significant increase in housing and rent prices across Arizona, pushing many residents out of their homes.
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