Gov. Hobbs helps break ground on Sycamore Vista

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Arizona Gov. Katie Hobbs, second from left, joins local officials during a groundbreaking ceremony for the Sycamore Vista affordable housing complex on Wednesday, Oct. 16, in Camp Verde. The development is being funded by federal and state Low Income Housing Tax Credits (LIHTC) and state housing trust funds. Photos by Daulton Venglar/Larson Newspapers

Arizona Gov. Katie Hobbs [D] attended the groundbreaking ceremony for Phases 1 and 2 of the Sycamore Vista affordable housing project in Camp Verde on Wednesday, Oct. 16.

“Housing and workforce housing has been a priority of the town council for years,” Camp Verde Mayor Dee Jenkins said. “We have heard from businesses that workforce is a barrier to their business development and housing is cited as the biggest issue. This project will result in over 300 housing units.”

“In 2023 I secured the largest investment into the state’s Affordable Housing Development Trust Fund to help provide affordable housing units across the state,” Hobbs said, touting the state’s housing programs. “We’ve already approved 3,000 shovel-ready units, and we launched our Arizona is Home mortgage assistance program to help first-time homebuyers. By the end of this program, we should reach 600 families helping them secure their first home, and I’ve signed several bills making it easier for communities to build different types of affordable housing, including missing middle housing and accessory dwelling units, as well as making it easier for adaptive reuse projects.”…

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