A Glendale project will be among 10 new attainable housing projects in the state to get funding under a new program.
The Home Matters Arizona Fund, a funding resource formed by Arizona health care leaders and Home Matters to Arizona to increase attainable housing in the state and ultimately improve healthcare outcomes, has announced a new round of funding.
Projects in Glendale, Casa Grande, Cottonwood, Flagstaff, Mesa, Phoenix, Prescott Valley and Surprise will receive a total of $4.25 million.
Since 2020, the Home Matters Fund has provided $8.581 million in 22 grants, including this most recent announcement.
Of the $4.25 million, Home Matters Arizona Fund’s managed care organizations contributed $2 million in private funding and $2.25 came from State Fiscal Recovery Funds through the Arizona Department of Housing.
The six-unit Family Promise Village in Glendale features six residential units made out of brand-new 8-foot by 40-foot by 10-foot modified shipping containers structurally engineered for use as housing.
The community, called Container Village, will be on the grounds of First Christian Church, at 6242 N. 59th Ave., in Glendale, with a total development cost of $3.2 million.
Projects receiving state fiscal recovery funds, which were selected by Local Initiatives Support Corp. — a national community development financial institution with a local office based in Phoenix — are for housing victims of domestic violence and people experiencing homelessness.
The Home Matters Arizona Fund is targeting $100 million to finance attainable housing projects in Arizona over the next few years. The fund addresses the state’s rising affordability crisis while paying attention to the role of housing justice for underrepresented families and communities.
“The Home Matters Arizona Fund is committed to serving individuals experiencing homelessness, families, seniors and those who are medically vulnerable,” Home Matters Arizona Fund Chair Minnie Andrade shared in a news release.
The fund is a collaboration of the Arizona Association of Health Plans, whose member companies contract with the state’s Medicaid program to serve the health care needs of Arizona’s most vulnerable citizens. Founding Home Matters Arizona Fund participants include Arizona Complete Health, Banner – University Health Plan, Care1st Health Plan Arizona, Health Choice Arizona, Molina Healthcare of Arizona, Mercy Care, The NARBHA Institute and UnitedHealthcare.
Home Matters Arizona Fund will invest in projects that serve individuals and families with low to moderate income, veterans, seniors, people who are homeless, people with disabilities, individuals involved with the justice system and those eligible for Arizona Health Care Cost Containment System support.