Central Phoenix Affordable Housing Complex Receives Final Funding


The final two phases of Acacia Heights, an affordable housing apartment complex at 7th Ave. south of Camelback that, at completion, will include 212 units, have received funding. Construction on Acacia Heights Phase Two is expected to start this fall and be completed by the end of 2023. Acacia Heights Phase Three will break ground in the fall of 2023 and will be completed by … [More]

New Bank Receives Final Approvals, Prepares to Open by July


Gainey Business Bank, a startup (de novo) bank, received its final approvals this week from the Federal Deposit Insurance Corporation, the federal regulator, and its state charter from Arizona’s Department of Insurance and Financial Institutions. Jim Unruh, the Bank’s Chairman commented, “this has been a mission led by local business leaders to address a significant need in … [More]

Phoenix Approves Plans for Second Allocation of Rescue Plan Funding

City of Phoenix

Phoenix City Council approved the American Rescue Plan Act (ARPA) Second Tranche Strategic Plan, detailing how the City plans to spend the remaining $198 million in federal funding of its total $398 million allocation. Jurisdictions across the country received their Coronavirus State and Local Fiscal Recovery Funds in tw​​​o tranches and on June 8, 2021, City Council agreed to … [More]

Arizona Voters’ Agenda Reveals What Majority Cares About, Asks Big Questions of Candidates


With early voting in the Primary Elections in the State of Arizona four weeks away, Center for the Future of Arizona (CFA) announced today the creation of the Arizona Voters' Agenda, a data-driven look at what a majority of likely Arizona voters cares most about and want candidates to address in the midterm election. The Arizona Voters' Agenda is built on where a majority of … [More]

Second-Home Rental, Home Prices Skyrocketed in Phoenix during the Pandemic


As remote work prompted many Americans to relocate during the pandemic, housing costs soared in second-home hotspots even more than the rest of the country, according to a new report from Redfin, the technology-powered real estate brokerage. Average rental prices rose 17.1% year over year nationwide to $1,893 in popular second-home markets in April. That’s compared with a 10% … [More]

Arizona Employee Benefits Benchmarking Survey Released, Helps Attract and Retain Employees


The results of the 9th annual Arizona Employee Benefits Benchmarking Survey of mid-size employers (50-5,000 employees), showed that: 43 percent of employees in the Arizona survey are covered under lower-cost consumer-driven plans; 51 percent are covered under traditional copay type plans. In Arizona, the median deductible for traditional copay plans was $3,000 in 2022, … [More]

Family-Owned Pizzeria Opens Sixth Location, This Time in Chandler


Venezia’s New York Style Pizzeria is excited to announce the opening of a new location in the Price Corridor this June. Located at 1245 S. Price Road in Chandler, this will be the sixth Venezia’s Pizzeria location in the Valley. “Chandler is a rapidly growing community, so it seemed like the perfect fit for our newest location,” said Domenick Montanile, owner and president … [More]

U.S. Space Force Selects Arizona State University for Partnership


The U.S. Space Force and Arizona State University signed an agreement here Tuesday making ASU the newest member of the service’s University Partnership Program. USSF Chief Technology and Innovation Officer Dr. Lisa Costa joined ASU President Michael M. Crow on the Tempe campus to finalize the agreement and to learn more about ASU space initiatives and capabilities. Home … [More]

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