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Rosewood Court in Phoenix will consist of 50 newly constructed apartments situated on a cul-de-sac street. The development will provide affordable housing for qualifying families, seniors and veterans. Additionally, the development will offer ADA compliant units and access and include a community center offering an array of resources and supportive services.
The proposed rent structure provides affordable housing for households with incomes at or below 40, 50, and 60 percent of Area Media Income (AMI). The project is funded by the Arizona Department of Housing Tax Credit Program, the City of Phoenix HOME Program, Alliant Capital and U.S. Bank.