The Census Bureau estimates that COVID-19 relief payments may have boosted almost 12 million Americans out of poverty.
Cities outside the Phoenix area—like Clifton, Globe, and Quartzsite—offer some homes with over 2,000 square feet for under $300,000.
The subdivision was launched in the runup to the Great Recession and then left unfinished when the housing market collapsed.
We spoke to Patricia Garcia Duarte, the president and CEO of Trellis, about Arizona's unusually competitive housing market.
A family of four isn't considered to be living in poverty unless they make less than $26,500, due to an equation that hasn't been updated since the 1960s.
Government agencies in Arizona have only distributed 17% of federal funds made available for emergency rental assistance.
A low supply of affordable homes in the Phoenix area is creating an extremely competitive housing market.