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LIHTC

Hobbs, Toma, Petersen, Hoffman, budget, housing,
May 15, 2023

Hobbs, GOP lawmakers tout wins in budget as battle to define spending ahead

Two media events on Monday highlighted the coming political battle to define the $17.8 billion budget that lawmakers passed, and the governor signed last week.

affordable housing, rent, Petersen, Senate, Republicans
Feb 26, 2021

Affordable housing tax credit draws ardent debate

Some lawmakers and housing advocates fear two bills proposing a state low income housing tax credit program are the wrong response to the mounting issue of housing affordability in Arizona.

Jan 15, 2020

State LIHTC can help meet rental housing market’s spiking demand

When it comes to constructing rental housing for these new residents, the law of supply and demand very much applies in our state. When developers cannot construct new rental units quickly enough to meet the needs of these new Arizonans – and estimates show that Arizona needs to add about 240,000 new rental units this decade – the marketplace dictates that rents rise. The greater the rise in [...]

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