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La Esperanza Terrace opens in West Phoenix; speakers say county funding and school land helped finance 96 affordable units
Summary
Speakers at the La Esperanza Terrace event said Maricopa County and a school-district surplus land initiative financed a 96-unit affordable housing complex in West Phoenix; UMOM and county officials said the project targets households at or below 60% of area median income and will offer on-site employment services.
La Esperanza Terrace, a 96-unit affordable housing development on surplus school district land in West Phoenix, opened with speakers citing county funding and a school-district land initiative as key to the project.
Arizona native Amanda Torres, a resident who said she is one of the first occupants, described housing costs as a recent hardship: "Over the last 5 years, housing has become unaffordable for me," Torres said. "It's really insane. I talked to my neighbors over at the other complex, and they're like, it's so stressful. Like, I feel like I'm working paycheck to paycheck."
The project sits on land from the Isaac Elementary School District that had been vacant, and presenters at the event…
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