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Prescott Valley council adopts affordable housing plan to address rising housing costs
Summary
The Prescott Valley Town Council unanimously adopted a housing plan March 12 that outlines preservation, employer-supported workforce housing, owner-occupied affordability measures and rental strategies after staff presented data showing 29% of households and 41.5% of renters are cost-burdened.
The Prescott Valley Town Council unanimously approved an affordable housing plan March 12 that the town says will prioritize preserving existing homes, expand employer-supported workforce housing, and encourage flexible zoning and incentives to boost rental and owner-occupied affordability.
"Last year we did a survey and attainable housing was ranked as a top priority," Neighborhood Services Director Tracy Lyra told the council. Lyra presented data showing 29%…
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