El Rincón Awarded $2.5 Million in Low-Income Housing Tax Credits The Arizona Department of Housing (ADOH) announced on June 5 that the City of Tucson and El Pueblo Housing Development has been awarded Low-Income Housing Tax Credits (LIHTC) for El Rincón, a new affordable housing development that will create 67 affordable housing units across two vacant City-owned sites in Tucson.
Stone and Speedway Phase I Awarded $2.5M in Housing Tax Credits The Arizona Department of Housing (ADOH) announced on June 5th that Stone and Speedway Phase I, a mixed-income housing development, has been awarded $2.5 million in highly competitive Low-Income Housing Tax Credits (LIHTC). The award will support the construction of 44 affordable housing units, and 12 required market-rate units at the southwest corner of Stone Avenue and Speedway Boulevard.
HCD Seeks Applications for Storefront Renovations in Thrive in the 05 The City of Tucson Housing and Community Development (HCD) Department is accepting grant applications from qualified commercial property and storefront owners to participate in the Thrive Storefront Renovation Project, a façade improvement grant program within the Thrive in the 05 area.