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    Home»Planning & Development»54-unit Affordable Senior/Veteran Development Planned in Mesa
    Planning & Development

    54-unit Affordable Senior/Veteran Development Planned in Mesa

    BEX StaffBy BEX StaffJuly 12, 2023No Comments1 Min Read
    Credit: City of Mesa/The Arizona Republic
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    The Mesa City Council has approved a rezoning request from A New Leaf to begin a new $30M affordable housing development for seniors and veterans on its La Mesita housing campus at Main Street and Dobson Road.

    Phase 4 of La Mesita will complete the campus by providing 48 studios and six one-bedroom units connected to the larger site, which includes apartment residences and a temporary housing shelter. Ten of the 54 units will be dedicated to veterans.

    A New Leaf bought the land in 2015 and has always intended it as an expansion site. The group plans to fund the project primarily through American Rescue Plan Act monies and will apply for a Low-Income Housing Tax Credit through the Arizona Department of Housing. If the tax credit is approved, the City of Mesa will contribute $1M for construction costs through its share of federal funding under the HOME Investment Partnership Program.

    Project representatives are hopeful groundbreaking could take place before the end of the year. (Source)

    A New Leaf affordable housing American Rescue Plan Act apartments/condos Arizona Department of Housing City of Mesa La Mesita LIHTC Low-Income Housing Tax Credit Mesa City Council multifamily Private Senior housing veteran housing
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    Elliott Pollack Proposes 422-Acre Master Plan in Surprise

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    A trio of entities tracing back to Arizona real estate economist and consultant Elliott Pollack…

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