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Mesa staff outline plan for 62‑unit senior affordable housing on city parcel near senior center
Summary
City staff presented terms for an option to lease/option to purchase with a private developer to build the 62‑unit Helix Apartments on a 0.92‑acre city parcel next to the senior center; the ground‑lease structure is contingent on state Low‑Income Housing Tax Credits and would secure at least 50 years of affordability.
Mesa city staff on March 23 described a proposed public‑private partnership to develop the Helix Apartments, a 62‑unit senior affordable housing project on a 0.92‑acre city‑owned parcel near the senior center.
Candace, a city staff member presenting the proposal, said the city purchased the site with federal Neighborhood Stabilization Program funds and plans to enter an option to lease and an option to purchase with Commonwealth Development Company if the developer secures state Low‑Income Housing Tax Credits (LITC). "This is a senior affordable housing public‑private partnership," Candace said.
Why it matters: staff framed the ground‑lease as a way to secure long‑term affordability without the city funding construction. Under the terms staff described, the city would hold a 50‑year affordability requirement on the 62 units through the…
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