Title
City of Phoenix Housing Department Homeownership Programs and Initiatives Overview - Citywide
Description
This report provides the Community Services and Education Subcommittee an overview of the City of Phoenix Housing Department's and local partners' homeownership programs. These programs prioritize affordability, education, and stability.
THIS ITEM IS FOR INFORMATION AND DISCUSSION.
Report
Summary
A 2024 Phoenix Housing Needs Assessment found that homeownership is out of reach for most Phoenix households. As of July 31, 2025, the median sales price in Phoenix is $417,633. More than half of Phoenix owner households earn above 120 percent of the Area Median Income (AMI). The City of Phoenix is committed to helping increase homeownership, particularly for households earning less than 80 percent AMI, as homeownership can provide housing stability and a pathway to build generational wealth.
The presentation will include an overview of the City of Phoenix Housing Department's homeownership programs including: Open Doors Down Payment Assistance (DPA) Program, Section 32 Homeownership Program, Section 18 Program, Family Self-Sufficiency program, and the Community Land Trust program.
Collaborating with various partners and learning about similar local programs is essential as it enables staff to share resources such as the Home in Five Advantage, Home in Five Platinum, and AZ is HOME down payment assistance programs administered by the Maricopa and Phoenix Industrial Development Authorities. These programs offer prospective homebuyers the opportunity to purchase homes across Maricopa County, provided they meet eligibility criteria comparable to those of the Housing Department's first-time buyer requirements.
The Housing Department remains dedicated to identifying solutions that enhance affordable homeownership opportunities, partnering with stakeholders to reduce the housing affordability gap, and ensure everyone has a place to call home.
Location
Citywide
Department
Responsible Department
This item is submitted by Deputy City Manager Gina Montes and the Housing Department.