/

|

Greenlight Communities and Holualoa Cos. are breaking ground this week on Cabana Kyrene, a 229-unit workforce housing project in Tempe, Ariz. It is Greenlight’s first development in Tempe and the first workforce multifamily property in the South Tempe area.

Only a handful of new multifamily communities have been built in South Tempe since 2010, many of which are either luxury Class A properties or government-subsidized affordable housing. Cabana Kyrene’s rents will be for residents earning between 60 to 100 percent of the Area Median Income.