09/23/2026
Celebrating affordable housing around the Valley!
Congratulations to the Phoenix IDA on helping close $20 million in multifamily housing revenue bonds for Broadway Farms at Hurley Station II — the second phase of an affordable housing development that will bring 144 new units to Arizona families, growing the complex to 334 affordable homes total.
Located in Estrella Village at 91st Avenue and Broadway Road in Phoenix, Broadway Farms is exactly the kind of investment our region needs: safe, stable housing for working families and individuals, paired with the long-term stability that strengthens entire neighborhoods.
We're proud to see the Phoenix IDA and partners like St. Charles Town Company leading the way in expanding the supply of affordable housing across the Valley. Wins like this —in Phoenix, in Tempe, and throughout the region— show what's possible when public-purpose investment and committed developers come together.
Here's to more families finding a place to call home.
Want to learn more about how we're working toward the same goal here in Tempe? [Visit us here].