There are multiple reasons why Arizona has an affordable housing crisis. Chronically low wages; years of under-funding social safety net programs; high student loan, credit card or medical debt; and aggressive evictions have forced far too many Arizonans to live with housing insecurity.
Wages in Arizona are 85% of the national average. Only 6% of Arizonans who are eligible for Temporary Assistance for Needy Families (TANF) actually get it. In Pima County, the eviction rate is 30 per day– that’s roughly 1000 per month.
To use a medical analogy, HB2732 (affordable house tax credits) treats the symptoms of the affordable housing crisis– not the disease. The disease is poverty.