One of the pillars of the American Dream has always been the ability for a family to find and own a home, placing real roots in their community. My Husband David & I were able to do this in North Central Phoenix, and it has been one of the greatest investments we have made. The Phoenix City Council is responsible for housing opportunity in our city, and if I am given the opportunity to serve, I will make cost-effective housing a major policy priority.
Phoenix is still a year away from its housing market recovering to Pre-Recession Levels, and the median home price of $230,000 is still about 5x as much as our median income. One estimate found that only 18 of 100 renter housing units in Phoenix are affordable, with only three cities ranked lower. This is a housing crisis that we must tackle head on as a community. Cities across the country have had to grapple with a disturbing trend where high-income families can afford expensive homes, while those with low incomes rely on subsidized housing units, leaving us with the troubling question of where middle-class families and growth fit into the equation. The American Dream, the Phoenix Dream (if we are to be idealistic) has to include the opportunity for economic mobility and stability with a middle-class life. That includes the fair chance to buy a home.
Distressingly, many of our newest development projects such as Roosevelt Row, which received a $9 million tax incentive from the city, will only have 5% affordable housing units for working families. While development is a positive economic driver, Phoenix must balance its need to develop with a commitment to access to housing for the families who work day in and day out to build a better future. Our budget and our policies are always about our values, and as a City Councilman, I will advocate for families to be able to afford one of the most basic human amenities: a place to call their own.