National Equity Fund

Trellis Celebrates Grand Opening on First LIHTC Rental Development

Ribbon Cutting 2
February 23, 2023

Sending our sincerest congratulations to our partners at Trellis on their grand opening of Trellis @ Mission in Phoenix, their first LIHTC affordable housing rental development! After 15 years, this rental property will become available for ownership and low-income renters will have the opportunity to purchase their units. This program encourages community stabilization and allows residents to invest in their property and neighborhood.
We cannot wait to witness the number of families who will benefit from this extraordinary program on the path to safe, stable, affordable housing and homeownership. Trellis @ Mission provides 43 townhome units to families making 40-60% of the Area Median Income (AMI) with 40% of the units targeting families with children.
Thank you to Mayor Kate Gallego for speaking at the ribbon cutting ceremony. NEF's Todd Fabian and Lisa Decker as well as Comerica's Sergio Cardenas were in attendance along with all those who celebrated this momentous occasion!

Learn more about Trellis and its mission in affordable housing here.

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