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Phoenix says it met Housing Phoenix goal early, signals housing trust fund to keep momentum
Summary
Mayor Kate Gallego told attendees the city met its five-year goal to create or preserve 50,000 housing units five years early and will propose a Phoenix housing trust fund at the next council meeting to continue affordable housing efforts.
Mayor Kate Gallego said the city has met and slightly exceeded a key housing goal and will seek a housing trust fund through the city council to continue affordable housing investments.
"We met that goal 5 years ahead of schedule, and surpassed it by nearly 3,000 units," Mayor Kate Gallego said in describing the Housing Phoenix Plan's progress toward creating or preserving 50,000 housing units.
Why it matters: The mayor framed the achievement as evidence that long-term,…
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