Tempe City Council & Commission on Affordable Housing Joint Meeting - March 30, 2026

The Tempe City Council and the Tempe Coalition for Affordable Housing held a joint meeting on March 30, 2026, focusing on affordable housing initiatives and financial updates. Key procurement-related discussions included the Tempe Coalition's ongoing efforts to expand its portfolio of permanently affordable housing units, currently at 73 units valued at $17.9 million, with plans to develop 40 to 60 additional units through upcoming RFPs for vacant city-owned lots. The Coalition highlighted its role in providing gap financing and leveraging city grants such as the Hometown for All funds and Community Development Block Grants to acquire and renovate properties. Financial reports were presented showing a strong cash position, investment income, and rental revenue, with the board approving the financial statements. Operational updates noted occupancy rates, marketing strategies including AI tools, and budget adjustments due to market rent changes. The meeting concluded with discussions on barriers to occupancy and potential coordination with voucher programs to improve housing access.