La Frontera led up the five-year project to build 100 affordable housing units at 4550 South Palo Verde Road.
TUCSON, Ariz. — After five years of planning, a new 100-unit affordable housing complex has opened. The Center of Hope Apartments will provide new opportunity for low-income individuals and families.
"It was different than anything we've ever done. It was more complex. There was a lot of heavy lifting. It was the type of thing that most people would walk away from," said La Frontera Arizona President and CEO, Dan Ranieri. La Frontera led the way on the project. Over $13 million in funding came together to make it possible.
"You can't have enough affordable housing. I think going through the COVID epidemic increased the problem proportionately," said Ranieri."These are really nice full one-bedroom apartments. They're fully furnished. For a lot of these folks it's a life changing event," said Ranieri."They pay no more than 30% of their monthly income toward rent and utilities.
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