Title
CONTINUED ITEM (5/6/25)
UNFINISHED BUSINESS (4/15/25)
Board of Supervisors Policy D 22.17 - General Fund, Three Cents for Affordable Housing
Discussion/Direction/Action: Proposing adoption of a new Board of Supervisors Policy, D 22.17 - General Fund, Three Cents for Affordable Housing, to raise $207,000,000.00 over the next decade for the construction and preservation of affordable housing in Pima County, as well as potentially the expansion of initiatives and programs that reduce homelessness and keep people housed.
The initial findings from ECOnorthwest point to the need for an additional 38,584 housing units in Pima County over the next decade that are affordable to families earning 60% or below of the Area Median Income ($48,720.00 for a family of four, 2023). This policy, if enacted as proposed, would allow us to expand our Affordable Housing Gap Funding program and other programs that preserve affordable housing units and keep people housed, in a meaningful way over the next decade. Additionally, it would give us a head start as we further develop and implement a Regional Housing Strategy and Funding Plan, as per the County Administrator’s memo to the Board dated March 20, 2025. (District 2)