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The Finer Properties of the Valley of the Sun

The Finer Properties of the Valley of the Sun

Phoenix Acacia Heights notches funding, ensuring affordable housing sprouts

Graphic Rendering of Phoenix Acacia Heights
A graphic rendering of the Phoenix Acacia Heights affordable housing project that has just received final funding appropriations, Catholic Charities officials say. (Submitted Graphic/DigitalFreePress.com)

Catholic Charities spearheads housing pursuit

Staff Reports | Digital Free Press

Funding has been approved for the final two phases of Acacia Heights, an affordable housing project just south of Camelback Road along Seventh Avenue in downtown Phoenix, has received funding, ensuring 212 units will be coming online in 2024.

The 78-unit Acacia Heights Phase One, a partnership with Foundation for Senior Living for seniors over the age of 55, was completed in the spring of 2021 and is now fully occupied, according to a press release.

Acacia Heights Phase Two, in partnership with Trinity Housing Development of Springfield, Missouri, and Catholic Charities Community Services housing development arm, Housing for Hope, will be a 66-unit project for families, the release states.

Fifty-seven units will be designated for households between 40% and 60% of median income. Nine units will be designated as workforce housing units for individuals up to 100% of median income.

The unit mix includes 21 one-bedroom apartments, 21 two-bedroom apartments, 21 three-bedroom apartments and three four-bedroom, two-bath apartments. Total development costs are approximately $24.3 million, Catholic Charities officials report.

Acacia Heights Phase Three consists of 68 units in a single, five-story building and provide a mixture of 35 one-bedroom apartments, 18 two-bedroom apartments and 15 three-bedroom units. Units are targeted for families with incomes between 40% and 60% of median income. Total project development costs are approximately $24.6 million, the release states.

Amenities for both phases include a community room, outdoor courtyard, play area, sport court and community garden. Residents will access the secure building through a control entry with security cameras added for resident security.

Catholic Charities is providing resident services specialists who will assist residents in remaining housed by providing free and low-cost activities for children and families, community events, referrals for free local resources and a mobile food pantry.

Rents will be affordable based on the household income, ranging from $600-$900 a month for a one bedroom, $700-$1,100 for a two-bedroom and $800-$1,200 for a three-bedroom unit.
Architectural Resource Project is the architect and Biltmore Properties, Inc. will be responsible for property management, the release states.

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