Arizona has a reputation for being an affordable place to live. But that's not the case anymore. Rent prices in the Phoenix area are rising about twice as fast as the national average. The demand for housing keeps rising. In this podcast series, we explore the obstacles that are making the cost of housing in Phoenix harder and harder for many residents to afford.
Episode 4: The Money Problem(s)
Phoenix needs more affordable housing so, why not just build it? In part four of this five-part podcast, Katherine Davis-Young explores the massive costs and stymied funding sources for affordable housing. Arizona used to put much more money toward affordable housing. We'll learn where the funding went, and the challenges to getting it back.