Advocates worry Maricopa County affordable housing plan won’t impact crisis now
PHOENIX (3TV/CBS 5) — Help is on the way to address the affordable housing crisis in Arizona, but many can’t wait for new apartments to be built. Antonio Clay is a single dad, doing the best he can, but it’s not easy. Clay has a full-time job as an auto technician, but he doesn’t have […]
A potential solution to Arizona’s lack of affordable housing
A new bill in the AZ legislature seeks to create a new study committee to solve Arizona’s growing lack of affordable housing. This housing supply study committee would include members from various parties, including a housing advocacy group, trade representatives, and members of the legislature. We spoke with Courtney LeVinus, president and CEO of the […]
As developers struggle to keep pace with Arizona housing demand, advocates seek solutions
The Arizona Multihousing Association (AMA) has launched a new program called Arizona Housing for All, which will address the regulatory issues at the local, state, and federal levels to combat the supply and demand issues that are driving up rental prices. Arizona’s population grew by 100,000 last year, or about 300 new residents per day, putting […]
Dallas developer’s controversial midtown Phoenix apartments get zoning approval
With Phoenix City Council giving zoning approval on a contentious $50 million apartment project in midtown Phoenix, Dallas-based Trinsic Residential Group is set to begin construction on the 210-unit project. The 4-story apartments will be built on three acres at the southeast corner of Third Avenue and Coolidge Street, along Phoenix’s Grand Canalscape. Homeowners […]
As Rents Soar, States Take Aim at Local Zoning Rules
Local officials, however, say they should decide what gets built where. Caitlyn Mann, 29, moved to the Phoenix metro area from Boston in January 2021 after taking a job as a Maricopa County court clerk. She found a studio apartment downtown and signed a 14-month lease for $1,295 a month. In January, when she […]
‘We have a problem’: $800 rent hikes squeezing metro Phoenix tenants
Kathleen Black is facing a 50% rent increase on the older three-bedroom central Scottsdale apartment she shares with her four kids and father. “My apartment’s management is upping my rent by $800 a month,” said Black, who moved from Goodyear to Scottsdale in 2020 after a divorce so her children could go to school with […]
Here’s how the West Valley is capitalizing on development boom
It is no shock to know that the West Valley’s industries are booming. Large companies such as Taiwan Semiconductor Manufacturing Company, KORE Energy and countless logistics companies are all making investments as people continue to move to the area rapidly. What will the new West Valley look like with all this development? Greater Phoenix […]
Redevelopment of Scottsdale shopping center into apartments a ‘sign of the times’
The planned redevelopment of a retail center in south Scottsdale to add 238 apartment units and 25,000 square feet of new retail and restaurant space is “a sign of the times,” the project’s zoning attorney said.After owning the center for 17 years, Todd Silver has plans to raze much of the existing big-box retail, making […]
Scottsdale, Sedona and other cities advocate for more control over short-term rentals
Unruly parties, housing shortages and police calls. Those are a few of the reasons why city leaders in places such as Scottsdale, Paradise Valley and Sedona are advocating for more control over short-term rentals.When Gov. Doug Ducey signed a bill in 2016 that stripped municipalities’ power to regulate vacation rentals, the idea was to elevate “the sharing economy” concept in Arizona and make […]
Increasing Population Density Could Ease Rising Rents in Arizona, ASU Professor Says
PHOENIX — An Arizona State University professor said an increase in housing density could help ease rising rent in the state, but negative public perception would be an obstacle. While rents are on the rise in Arizona, with some reports finding they rose as much as 19% on average last year, an increase in the […]