Pima County has $750,000 for affordable housing development and is seeking applications from developers who want some of the money for "shovel-ready" housing projects.
The county distributed money from the 2004 bond package to several affordable housing projects. One of them fell through and funding from that project will now be reallocated to others.
The money is for new affordable housing projects that are ready for construction, but just need a little more cash, said Betty Villegas, the county’s affordable housing manager.
“There continues to be a need for safe, decent, sanitary affordable housing," Villegas said. "Even though a lot of people think that the market took care of affordable housing, that’s not quite the case, and we know that by the number of people that we get here looking for housing."
The county is expected to award up to $250,000 to three or more projects. Any project applying for the funding must agree to federal affordable housing laws and must prove there is a market for the housing it plans to build, Villegas said.