What's Hot

    Affordable Housing Developments Planned in Tucson’s Mercado District

    May 9, 2025

    Scottsdale Water Needs $50M for ‘Toilet to Taps’

    May 9, 2025

    Goodyear Okays Residential to Industrial Rezone for 267 Acres

    May 9, 2025
    Facebook Twitter Instagram
    AZBEX
    NEWS TICKER
    • [May 9, 2025] - Affordable Housing Developments Planned in Tucson’s Mercado District
    • [May 9, 2025] - Scottsdale Water Needs $50M for ‘Toilet to Taps’
    • [May 9, 2025] - Goodyear Okays Residential to Industrial Rezone for 267 Acres
    • [May 9, 2025] - Bureau of Reclamation Moves Red Gap Ranch Pipeline Forward
    • [May 9, 2025] - Arizona Projects 05-09-25
    • [May 7, 2025] - First Development Planned in Maricopa Industrial Triangle
    • [May 7, 2025] - Mixed Residential Development Planned in Maricopa
    • [May 6, 2025] - 302 Apartments Proposed on Phoenix-Scottsdale Border
    Facebook Twitter YouTube LinkedIn
    • Home
    • News
      1. View Latest
      2. Planning & Development
      3. Local News
      4. Classifieds
      5. Editorial Analysis
      6. Budgets & Funding
      7. Commercial Real Estate
      8. People on the Move
      9. Arizona Projects
      10. Legislation & Regulations
      11. Trends

      Affordable Housing Developments Planned in Tucson’s Mercado District

      May 9, 2025

      Scottsdale Water Needs $50M for ‘Toilet to Taps’

      May 9, 2025

      Goodyear Okays Residential to Industrial Rezone for 267 Acres

      May 9, 2025

      Bureau of Reclamation Moves Red Gap Ranch Pipeline Forward

      May 9, 2025

      ASPE Panel Discusses Tariffs, Uncertainty and Optimism

      May 2, 2025

      Small & Disadvantaged Business Transportation EXPO is May 20

      May 2, 2025

      Arizona Water Professionals Remain Hopeful Despite Colorado River Struggles

      April 29, 2025

      Casa Grande Considering More than $65M in New Rec Facilities

      April 29, 2025

      Legislation Would Effectively Strip NIMBYs of Referendum Tool

      February 11, 2025

      2025 Forecast Tries to Clarify an Uncertain Market

      February 7, 2025

      KOREPlex Buckeye Site Quietly Listed For Sale

      January 31, 2025

      Axon Says it will Open Search for New Location

      January 10, 2025

      Scottsdale Water Needs $50M for ‘Toilet to Taps’

      May 9, 2025

      Phoenix Releases $11.5B, 5-Year CIP with Nearly 1,000 Projects

      April 1, 2025

      Buckeye Starts Planning Bond Funding Outlays

      February 26, 2025

      $400M of Federal Funding in Limbo for Phoenix Plans

      February 14, 2025

      Commercial Real Estate 05-06-25

      May 6, 2025

      Commercial Real Estate 04-29-25

      April 29, 2025

      Commercial Real Estate 04-22-25

      April 22, 2025

      Commercial Real Estate 04-15-25

      April 15, 2025

      Industry Professionals 05-06-25

      May 6, 2025

      Industry Professionals 04-29-25

      April 29, 2025

      Industry Professionals 04-22-25

      April 22, 2025

      Industry Professionals 04-15-25

      April 15, 2025

      Arizona Projects 05-09-25

      May 9, 2025

      Arizona Projects 05-02-25

      May 2, 2025

      Arizona Projects 04-25-25

      April 26, 2025

      Arizona Projects 04-18-25

      April 18, 2025

      Executive Order Will Streamline Federal Acquisition Regulations System

      April 26, 2025

      Legislation to Save Axon Plan Continues to Advance

      April 16, 2025

      Court Issues Summary Judgment in X Phoenix Case

      April 16, 2025

      House Bill Would Expand LIHTC Credits

      April 15, 2025

      U.S. Construction Added 11,000 Jobs in April

      May 6, 2025

      Jobsite Safety Can Improve 7x with Best Practices

      May 6, 2025

      March Construction Job Openings Down by 38,000

      May 2, 2025

      Ariz. Construction Gained 2,000 Jobs in March

      April 22, 2025

      Affordable Housing Developments Planned in Tucson’s Mercado District

      May 9, 2025

      Scottsdale Water Needs $50M for ‘Toilet to Taps’

      May 9, 2025

      Goodyear Okays Residential to Industrial Rezone for 267 Acres

      May 9, 2025

      Bureau of Reclamation Moves Red Gap Ranch Pipeline Forward

      May 9, 2025
    • AZBEX
      • Subscribe
      • Classifieds
      • Advertising
    • DATABEX
      • Webinars
      • Monthly Snapshot
    • Events
      • Housing Projects on the Horizon
    • About Us
      • Meet the Company
      • Meet the Sales Team
      • Meet the Editorial Team
      • Meet the BEXperts
    AZBEX
    Home » Local News » Tucson to Subsidize Private Affordable Housing Development
    Local News

    Tucson to Subsidize Private Affordable Housing Development

    Brianna JohnsonBy Brianna JohnsonMarch 18, 2022No Comments2 Mins Read
    Credit: Arizona Daily Star
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Tucson is working to implement a program that waives impact fees for private developers who build affordable housing in the city as part of the housing affordability plan adopted by City Council in December.

    The City had previously set aside $1M in impact fee subsidies in 2019 to incentivize nonprofit affordable housing development. Only five projects have made use of the subsidy, with approximately $265K in fees waived. Staff has reported more for-profit than nonprofit organizations are building affordable housing in the state, which has minimized the program’s reach.

    Housing and Community Development Department Director Terry Galligan informed council he wants to expand the program’s reach. During the March 9th meeting, the Mayor and City Council directed staff to make the same subsidy available for private developers. The plan will be made official in the March 22nd meeting.

    Under Arizona law, municipalities must reimburse the amounts they waive to incentivize development. Tucson uses a combination of Highway User Revenue Fund and general fund revenue to reimburse waived fees.

    Developments will be targeted at households earning 80% or less of the area median income, and developers must fulfill that requirement for at least 15 years on qualifying properties.

    Staff anticipates the subsidy will incentivize more projects that receive funding under Low-Income Housing Tax Credits, as projects with other subsidies in place score more points on their LIHTC qualifying applications. There were only two LIHTC-qualifying developments in Tucson in 2021. (Source)

    affordable housing Area Median Income development incentive general fund Highway User Revenue Fund HURF impact fee waiver impact fees LIHTC Low Income Housing Tax Credits subsidy reimbursement Terry Galligan Tucson City Council Tucson Housing and Community Development Department
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

    Related Posts

    Affordable Housing Developments Planned in Tucson’s Mercado District

    May 9, 2025

    ASPE Panel Discusses Tariffs, Uncertainty and Optimism

    May 2, 2025

    Small & Disadvantaged Business Transportation EXPO is May 20

    May 2, 2025

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Our Picks

    Affordable Housing Developments Planned in Tucson’s Mercado District

    May 9, 2025

    Scottsdale Water Needs $50M for ‘Toilet to Taps’

    May 9, 2025

    Goodyear Okays Residential to Industrial Rezone for 267 Acres

    May 9, 2025

    Bureau of Reclamation Moves Red Gap Ranch Pipeline Forward

    May 9, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • LinkedIn
    • YouTube
    Don't Miss
    Planning & Development

    Affordable Housing Developments Planned in Tucson’s Mercado District

    May 9, 20250

    By Roland Murphy for AZBEX A pair of affordable multifamily apartment developments are under consideration…

    Scottsdale Water Needs $50M for ‘Toilet to Taps’

    May 9, 2025

    Goodyear Okays Residential to Industrial Rezone for 267 Acres

    May 9, 2025

    Bureau of Reclamation Moves Red Gap Ranch Pipeline Forward

    May 9, 2025

    BEX serves architecture, engineering and construction firms as well as all the ancillary product and service categories that market to them. These include manufacturing representatives, public agencies and private real estate organizations, specialty subcontractors and services providers related to our industry.

    Our Picks

    Affordable Housing Developments Planned in Tucson’s Mercado District

    May 9, 2025

    Scottsdale Water Needs $50M for ‘Toilet to Taps’

    May 9, 2025

    Goodyear Okays Residential to Industrial Rezone for 267 Acres

    May 9, 2025
    Contact Us

    Phone: 480-709-4190
    Address: P.O. Box 12196 Tempe, AZ 85284
    Email: sales@azbex.com

    Type above and press Enter to search. Press Esc to cancel.