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Home News North America United States of America Local Government Arizona Tucson

Tucson Affordable Housing: $2.5M LIHTC Boost

Developing 59 Units at Amazon Flats to Address Housing Shortage in Tucson.

THX News by THX News
1 year ago
in Tucson
Reading Time: 3 mins read
A A
Affordable housing in Tucson. Photo by a Tucson tenant.

Affordable housing in Tucson. Photo by a Tucson tenant.

Table of Contents

Toggle
  • Building a Foundation for Affordable Living
    • What This Means for Tucson Residents
  • A Boost for Local Economy and Community
  • A History of Commitment to Affordable Housing
    • Looking Ahead

The City of Tucson has secured a $2.5 million Low-Income Housing Tax Credit (LIHTC) to develop 59 new affordable housing units at Amazon Flats, addressing the city’s pressing housing shortage and offering stability to vulnerable residents.

 

Building a Foundation for Affordable Living

The recent announcement by the Arizona Department of Housing marks a significant milestone in Tucson’s ongoing efforts to combat its housing crisis.

The $2.5 million LIHTC award will catalyze approximately $20 million in private investment, facilitating the construction of 59 new apartments in the second phase of Amazon Flats on West Miracle Mile.

This development is part of the broader Housing Affordability Strategy for Tucson (HAST), which aims to provide stable, affordable homes for families and individuals at risk of homelessness.

Mayor Regina Romero emphasized the importance of this initiative, stating that it offers families

“a place to live and access to the resources they need to thrive.”

 

What This Means for Tucson Residents

  • 59 new affordable apartments will be available at Amazon Flats.
  • Increased stability for families and individuals at risk of homelessness.
  • Access to supportive services aimed at improving quality of life.
  • A boost in community stability through long-term housing solutions.

 

A Boost for Local Economy and Community

The impact extends beyond providing homes; it also invigorates local businesses. As new residents move into Amazon Flats, local businesses may experience increased foot traffic and economic activity.

The construction phase alone promises job creation and opportunities for local contractors and service providers, with El Pueblo Housing Development partnering with Gorman & Company as key stakeholders.

Project Timeline

Phase Activities Dates
Planning Community input sessions April-June 2025
Construction Start Groundbreaking ceremony July 2025
Completion Expected Apartments ready for occupancy TBD 2026-2027

 

A History of Commitment to Affordable Housing

This latest LIHTC award is not an isolated achievement but part of a consistent effort by Tucson’s Housing and Community Development Department (HCD).

Previous projects like Sugar Hill on Stone Avenue and Milagro on Oracle have laid the groundwork for this success, demonstrating HCD’s dedication to creating viable affordable housing solutions.

 

Learn More

  • City of Tucson on LIHTC Award
  • Arizona Department of Housing LIHTC Reservation List
  • Arizona Capitol Times Article on Statewide Impact

 

Looking Ahead

Tucson’s commitment to addressing its housing challenges is evident through these strategic initiatives. As Amazon Flats progresses, it symbolizes hope for many residents seeking stability amidst rising living costs.

While challenges remain, such as ensuring these developments meet demand without disrupting existing communities, Tucson’s proactive approach sets a promising precedent for other cities grappling with similar issues.

 

Sources: City of Tucson, Arizona Capitol Times, and Arizona Department of Housing LIHTC List.

Prepared by Ivan Alexander Golden, Founder of THX News™, an independent news organization delivering timely insights from global official sources. Combines AI-analyzed research with human-edited accuracy and context.

 

THX News

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