(Photo by Kasey Brammell/Cronkite News)
A new single-family home community opened Wednesday in Phoenix. The community was funded in part by the Biden-Harris administration’s American Rescue Plan.
Alta Vista Ranch, located near Southern Avenue and 16th Street in south Phoenix, covers about four-and-a-half acres and cost almost $9 million to build, according to the Maricopa County Board of Supervisors.
Roughly $2.5 million from the American Rescue Plan was given to Habitat for Humanity of Central Arizona to build the community.
Habitat for Humanity is a charity that renovates, repairs, and builds homes for families.
RELATED: Apache Boulevard is rapidly changing: Here’s where affordable housing fits in
The Board of Supervisors said the homes will be reserved for people whose annual income is at or below 80% of the Area Median Income. For example, if the area median income was $100 a month, an eligible family would have to make $80 a month or lower. The number can shift based on how many people live in the household as well.
Here’s just one example of median income in the Phoenix metro area.
Homeowners who move into the houses will need to be able to pay a no-interest mortgage loan and complete 400 hours of volunteer service.
The houses completed in Phoenix were part of a $35 million grant from the American Rescue Plan to fund affordable housing in the Valley.
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