Stone and Speedway Phase I Awarded $2.5M in Housing Tax Credits
Published on June 08, 2026
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.