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Family
Housing Resources, Inc. (FHR) was established in 1991 as a statewide organization
dedicated to providing low and moderate income individuals and families
an opportunity to obtain quality, affordable housing through both rental
and homebuyer support programs.
FHR is one of the largest and most respected affordable housing providers/servicers
in Arizona. Through ownership of 12 apartment properties totaling over
2,200 units, FHR is committed to increasing Arizonas affordable
housing stock through acquisition, rehabilitation and development of multifamily
properties. In addition, FHR has assisted over 8,000 individuals and families
during the last 10 years in achieving the American Dream: homeownership.
FHR operates three major housing divisions Housing Counseling
Services, Single-Family Mortgage Revenue Bond Programs, and Multifamily
Residential Services.
Housing Counseling Services
FHR provides individualized counseling and education classes for
homebuyers. Our certified and experienced staff will provide you with
the information you need to make an educated and affordable home
purchase. Depending upon funding available at the time, FHR provides
down payment and closing costs assistance to eligible homebuyers. Once
you purchase a home, counselors are available for continued counseling
services with issues such as refinancing and financial management. For
those with difficulty paying their mortgage payments, FHR provides
extensive counseling in conjunction with your mortgage servicer to help
you resolve your delinquency, modify your loan or assist with
transitioning to other housing arrangements. Counseling services are
free of charge.
Click here to read more about our Housing
Counseling Services
Single-Family Mortgage Revenue Bond Programs
FHR provides mortgage financing options to low and middle income
families throughout Arizona. These loans offer fixed-rate mortgage loans
with low interest rates combined with downpayment assistance. These
programs remain one of FHR’s most popular products.
Click here to read more about our
mortgage revenue bond programs
Multifamily Residential Services
FHR provides quality, affordable rental units at below-market rates to
the people who need them most low income families and service workers
who provide vital assistance to our community. In 2001, the agency initiated
a $7 million renovation and remodeling project. By 2007, all FHR apartment
communities will have received new paint, roofs and asphalt parking areas.
Select properties will also install storage facilities, new business centers
and playgrounds.
Click here to read more about our apartment
communities
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