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UMOM opens La Esperanza Terrace, 96 affordable rental units in Phoenix
Summary
UMOM New Day Centers and partners celebrated the grand opening of La Esperanza Terrace, a 96-unit affordable housing development on surplus Isaac School District land funded by city, county, state and federal sources and intended for families at or below 60% of area median income.
UMOM New Day Centers and public and private partners marked the grand opening of La Esperanza Terrace, a 96-unit affordable rental community in Phoenix, at a morning ceremony on site.
Jackson (founder and CEO of UMOM New Day Centers) opened the event, saying, "La Esperanza means hope, and that's exactly what this place represents. Hope for families, hope for kiddos, hope for the future of this entire neighborhood." He and other speakers described the development as housing and supportive services for families transitioning from homelessness and for low-income households.
The project was presented as a multiagency partnership that used surplus land owned by the Isaac School District. "This is an innovative new model where we can take land that school districts do not need and put it to use, including for affordable…
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