The legislation includes $90 billion for rental assistance, $80 billion for public housing repairs, and $37 billion for the National Housing Trust Fund.
Some potential Arizona homebuyers are sending sellers "love letters" to try to stand out among other bidders.
A typical house in Phoenix is valued at nearly $370,000. Ten years ago, that number was was just $109,000.
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 low supply of affordable homes in the Phoenix area is creating an extremely competitive housing market.