Arizona IDA

MARICOPA – City and state leaders joined developers today to break ground and tour two major affordable housing developments in Maricopa. Together, these new communities will bring more than 500 new homes to Maricopa. Ironwood Ranch and The Ranches at Gunsmoke are billed as a “significant milestone” in Arizona’s response to the housing affordability crisis.

Dominium, a national affordable housing developer, with the support of the Arizona IDA, recently purchased land for three new projects in Arizona, including two in the West Valley.

Gov. Katie Hobbs and other Valley leaders attended the official grand opening of the latest affordable housing complex in Phoenix.

Salt River Flats near Broadway Road and 16th Street is home to 192 units for families who make 60% or less of the average income in the area.

Dominium, which manages over 38,000 apartments in 19 states, will create two apartment complexes on adjacent land. They’ll be available for people earning no more than 60% of the area’s median income.

Juniper Square, an age-restricted community solely for seniors, is expected to open in the spring of 2026. The 287,458-square-foot complex will have 221 apartments with 66 one-bed units, 131 two-bed units and 24 three-bed units. There will be a pool and a central courtyard with fire pits and a ramada. Inside amenities include a fitness center, theater, salon and club room.