[Source: Arizona Republic] — City officials, preservationists, and downtown Phoenix residents [celebrated] the restoration of a 1916 adobe house… at 1246 E. McKinley Street. The home was purchased by the non-profit Neighborhood Housing Services of Phoenix in 2003. “Residents in the Garfield neighborhood had a strong desire to have this rehabilitated… because of the historic value,” said Krista Schwartz, the organization’s director of real-estate development.
The non-profit completed a five-month, $130,000 renovation. NHS plans to sell the house for $110,000, but the buyer’s annual income must be at or below 80 percent of the area median income.