Untangling Housing Affordability & Groundwater Regulation
This explainer takes a look at the updates to the Certificate of Assured Water Supply and how it will impact housing affordability. To ensure long-term water supplies for current residents, the state has imposed limitations on some new housing subdivisions and other types of development. While the new limitations may increase the costs of new homes in some parts of the Greater Phoenix area, cities have a variety of strategies available to encourage lower cost development to mitigate those impacts.