What the City draft reports.
Phoenix’s draft FY2025–26 CAPER reports 25th @ Bell completed with 53 apartments.
- Draft FY2025–26 CAPER
Source locator & notes
PHX-CITY-002 · PDF/printed p.49; 25th @ Bell narrative
16801 N. 25th Street · Phoenix, Arizona
One physical development.
Several records to read together.
A funding field or authorization is not verified cash spending. The older 20-year ARPA authorization term cannot be applied to the later changed set-aside statement without an executed amendment. Draft completion reporting does not establish current occupancy or vacancies.
Dates and record types matter. These statements are not payments in a single account.
April 1, 2020
On April 1, 2020, Council authorized up to $1 million in HOME assistance for the then-proposed 54-unit development, through CPLC and 25th & Bell LIHTC, LLC or an approved nominee.
Read this record →June 14, 2023
Council authorized up to $896,564 in ARPA assistance on June 14, 2023. That action described 11 units at or below 65% AMI for at least 20 years.
Read this record →2025 recovery report
The City’s 2025 recovery report describes the same $896,564 allocation with 16 ARPA units at or below 40% AMI.
Read this record →Draft FY2025–26 CAPER
Phoenix’s draft FY2025–26 CAPER reports 25th @ Bell completed with 53 apartments.
Read this record →Phoenix’s draft FY2025–26 CAPER reports 25th @ Bell completed with 53 apartments.
Separate City and State HOME activities describe the same physical property; their assisted-unit designations must be matched before counting unique homes.
Executed assistance agreements and unit schedules are needed to establish designation overlap, applicable restrictions and the changed ARPA terms.
Project-specific disbursement records and current occupancy evidence remain unverified.
Planned homes, reported milestones and current housing availability are different measures. The complete findings and qualifications remain below.
A project and a funding activity are different records. The address is the connection; the grantee and activity IDs keep the funding observations separate.
Phoenix’s draft FY2025–26 CAPER reports 25th @ Bell completed with 53 apartments.
The matched HUD City and Arizona activities use the same address, 16801 N 25th St, and each reports 53 total units.
September 2026 is the official HUD item’s stated coverage, not an independently verified data-refresh date. Other official descriptors give older coverage dates; see the dataset-vintage note.
The prior LIHTC master lists Bell as project 0940, and City dedication records identify file FN 210078.
A matching address is not an ownership finding.
Current deed ownership and parcel/legal description remain unverified.
Read the City and State observations side by side. Neither the designated-unit counts nor the reported funding fields are a combined project total.
The official HUD item states coverage of September 2026 and points to the same HOME service used for these activity records. The service-layer description says coverage through December 2025, while the Data.gov description says June 2026. These metadata descriptions disagree. The exact data-refresh date has not been independently established. All retained records were retrieved November 8, 2026.
Phoenix grantee 10659, IDIS activity 4938, reports six HOME units and a Total HOME Funding Amount of $1,000,000. Its administrative completion date is April 28, 2026.
September 2026 is the official HUD item’s stated coverage, not an independently verified data-refresh date. Other official descriptors give older coverage dates; see the dataset-vintage note.
Arizona grantee 136, IDIS activity 7160, reports five HOME units and a Total HOME Funding Amount of $1,082,181.40. Its administrative completion date is August 5, 2026.
September 2026 is the official HUD item’s stated coverage, not an independently verified data-refresh date. Other official descriptors give older coverage dates; see the dataset-vintage note.
The City six and State five HOME units may overlap. No unit schedule has been reviewed, and HOME and ARPA designations must not be added as distinct apartments.
The City draft CAPER reports 11 HOME-designated Bell units for households at or below 40% of area median income.
An authorization sets a ceiling. A later report can describe different terms. Keep both statements dated until an executed agreement or amendment explains the change.
On April 1, 2020, Council authorized up to $1 million in HOME assistance for the then-proposed 54-unit development, through CPLC and 25th & Bell LIHTC, LLC or an approved nominee.
Council authorized up to $896,564 in ARPA assistance on June 14, 2023. That action described 11 units at or below 65% AMI for at least 20 years.
The City’s 2025 recovery report describes the same $896,564 allocation with 16 ARPA units at or below 40% AMI.
Do not combine these stages. The 2020 authorization, HUD funding fields and ARPA statements are different measures. They do not establish total development cost, City cash disbursements or a comparable cost per apartment.
These are limits of the reviewed evidence, not findings of misuse or noncompliance. The next step is to review executed agreements, amendments and unit schedules.
City and State HOME schedules have not been matched unit by unit. HOME and ARPA set-asides are also not established as separate apartments.
Executed affordability start dates, terms and expiry remain unknown. A dated authorization is not a verified end date.
Current deed ownership and the parcel/legal description have not been verified.
The 2023 authorization and 2025 report give different unit and income statements. An executed amendment has not been verified.
City cash disbursements, loan balances, total development cost and a complete financing stack are not established.
The City draft CAPER is not a verified current occupancy record or an inspected certificate of occupancy.
Nine dated findings, linked to their official sources. Each source note above identifies the document page, dataset record or spreadsheet row used.
The project key PHX-XP-BELL ties these findings to one development. Grantee, program and activity IDs remain separate.
This is a research snapshot through November 8, 2026. Documents can change; the distinctions and unresolved questions remain part of the finding.
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