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Tempe Coalition for Affordable Housing reports $17.9M portfolio; board accepts 2025 financial statements
Summary
The Tempe Coalition for Affordable Housing told the City Council it now holds a $17.9 million portfolio of 73 permanently affordable units and has advanced development partnerships; the TCAH board voted to accept year-end financial statements showing roughly $2.8 million in cash and about $170,000 in investment earnings.
The Tempe Coalition for Affordable Housing (TCAH) told a joint meeting with the Tempe City Council that its portfolio is now valued at $17,900,000 and consists of 73 permanently affordable housing units, and the TCAH board voted to accept the coalition’s year-end financial statements for 2025.
"Our mission is to provide permanently affordable housing options in the city of Tempe," said Grama Holland B. Cain, TCAH board president, summarizing the coalition’s structure and goals. Cain described TCAH as an affiliate of the Tempe Housing Authority that can operate with greater flexibility — including the ability to acquire property, secure loans and pursue 501(c)(3) funding — to keep units permanently affordable.
The board president highlighted recent development partnerships and…
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