What is
workforce housing?
Workforce housing fills a fundamental community need by enabling areas with a high cost of living to attract and keep essential employees. Workforce housing is typically reserved for people who make at or below 60% of the Area Median Income (AMI), which is the midpoint of a region’s income distribution as determined by U.S. Census data. Many of the individuals living in workforce housing hold important community roles such as first responders, educators, grocery clerks, factory workers, and healthcare support staff. Often, these individuals cannot yet afford to or prefer not to own a home. Examples of this include younger renters who are not prepared for home ownership, or seniors on fixed incomes for whom home ownership is no longer practical.
Section 42 – Rents are capped
NOT Section 8 housing
Units are income restricted to 60% AMI
30-year land use restriction
Who needs
workforce housing?
22% of Arizona households are rent burdened
There is a 136,032 unit shortage of rental homes across the Valley
27% of households in Congressional District 8 are renter occupied and 24% of those households are severely rent burdened
Who is eligible?
Household Income Limits (2021)
1 Person: $33,180
2 Person: $37,920
3 Person: $42,660
4 Person: $47,400
5 Person: $51,240
Maximum Rents (including Utilities)
1 Bedroom: $888
2 Bedroom: $1,066
3 Bedroom: $1,233
Eligibility on an hourly scale...
Walmart Sales and
Management Jobs
$12-21/hour
Dysart USD
Starting Teacher Salary
$19-21/hour
Luke AFB
Entry-Level Civilian Jobs
$12-16/hour
American Express
Customer Service Rep
$19/hour
USPS Postal Carrier
$16-19/hour
Banner Thunderbird
Medical Center CNA
$12-18/hour
Resident
Profile
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Dominium's residents are overwhelmingly women and people of color
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Average family size is 2.3, with no more than 2 residents allowed per room
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Average unit occupancy time is 40.15 months, or more than 3 years
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3% of residents identify as disabled
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Over 50% of residents are high school graduates or hold an Associate's or technical degree
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No Arizona Dominium residents currently use welfare for rent payments or income verification
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On average, Dominium's Arizona residents make between 40% to 60% of the area median income (roughly 22K to 55K annually)
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Despite the affordability of Dominium's Arizona housing portfolio, 60% of residents are still rent-burdened and spending more than 30% of their income on housing