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Here's One Way States Are Boosting Affordable Housing [pewtrusts.org]

 

By Kristian Hernández, Photo: Ross D. Franklin, PEW, March 2, 2022

Brian Swanton is the president of Gorman & Company, a development firm that builds and manages low-income housing nationwide, including some 2,000 affordable housing units in Arizona, where he is based.

The demand for such apartments greatly exceeds the supply. Every year, Swanton said, managers of his properties turn away thousands of families who want to rent units, because there’s none available. During the coronavirus pandemic, the waiting list in Arizona has grown to more than 10,000 people, up from a few thousand before March 2020.

“We’ve never seen waiting lists this long, but there’s just not enough units available,” Swanton said. “And we have the capacity to do more, we just don’t have the resources.”

[Please click here to read more.]

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