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Maricopa County allocates $6 million for 96-unit La Esperanza Terrace on surplus school land
Summary
The Maricopa County Board of Supervisors approved $6 million to help build La Esperanza Terrace, a 96-unit affordable housing complex on Isaac Elementary School District surplus land in West Phoenix; the project is financed under a school district surplus land initiative and uses American Rescue Plan funds among county investments.
Maricopa County approved $6 million to help build La Esperanza Terrace, a 96-unit affordable housing complex on surplus property owned by the Isaac Elementary School District in West Phoenix.
The project, financed under a school district surplus land initiative and with county support using American Rescue Plan dollars, includes 32 one-bedroom, 32 two-bedroom and 32 three-bedroom units and will offer on-site employment services, officials said. Residents must earn at or below 60% of area median income to qualify and may apply in person at the complex leasing office.
Why it matters: County officials and local housing advocates say the development is a model that could be replicated…
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