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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 sessions for all potential homebuyers
interested in better understanding the homebuying process. Our staff of
experienced counselors provides expertise in such areas as budgeting and
building credit to researching lenders and qualifying downpayment assistance
programs. Homebuyers interested in more comprehensive information, including
foreclosure prevention, may participate in a monthly FHR Homebuyer Education
Workshop.
Click here to read more about our Housing
Counseling Services
Single-Family Mortgage Revenue Bond Programs
FHR provides several mortgage financing options to low and middle income
families throughout Arizona. Because these programs offer fixed-rate mortgage
loans with low interest rates and generous downpayment assistance, mortgage
revenue bonds remain one of FHRs 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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