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Council raises workforce housing maximum financed price to $325,000 in amended incentive policy
Summary
Show Low adopted Resolution R‑2025‑01 rescinding R‑2024‑08 and amending the workforce housing incentive policy to raise the maximum financed price for new site-built homes to $325,000 (with annual CPI adjustments); all other qualifications remain unchanged.
The Show Low City Council unanimously adopted Resolution R‑2025‑01, rescinding Resolution R‑2024‑08 and amending the city’s workforce housing incentive policy to set a higher maximum financed price for qualifying new site-built homes.
City staff said the original resolution set a maximum financed price tied to Area Median Income (AMI) limits that staff…
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