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HOUSING SUPPLY ACCELERATOR

Tempe mayor takes leadership role in national affordable housing effort

Posted 3/23/23

Tempe Mayor Corey Woods has been appointed co-chair of a committee established to produce, preserve and promote a diverse range of housing locally and across the county.

The National League of …

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HOUSING SUPPLY ACCELERATOR

Tempe mayor takes leadership role in national affordable housing effort

Posted

Tempe Mayor Corey Woods has been appointed co-chair of a committee established to produce, preserve and promote a diverse range of housing locally and across the county.

The National League of Cities and the American Planning Association have launched the Housing Supply Accelerator, and Woods, as its co-chair, said he will take Tempe’s Hometown for All to city leaders and planning professionals “to develop solutions to our nation’s affordable housing crisis.”

The Hometown for All initiative provides a dedicated funding stream to spur the growth of affordable and workforce housing, according to Tempe officials.

For every new development built in Tempe, an amount equivalent to 50% of certain permitting fees paid to the city’s general fund supports the nonprofit Tempe Coalition for Affordable Housing.

The national effort that Woods will help lead brings together local governments, community planners, builders, financial institutions, housing policy associations and state and federal partners, according to a release.

“They will develop, align and advance solutions that accelerate and incentivize local approaches to land use, housing development and preservation,” the release stated.