Located in downtown Phoenix, Westward Ho! was constructed as a hotel before being converted into Section 8 housing in the 1980s. The 16-story apartment complex is reserved for seniors age 62 and older at several income tiers: up to 40% AMI, 50% AMI and 60% AMI. The property is undergoing capital improvements (expected to complete in 2022).
Belveron’s investment in Westward Ho! is an opportunity to preserve affordable homes for low-income seniors in a market experiencing strong demand and, increasingly, luxury development. The surrounding Roosevelt Row neighborhood offers residents a high-quality of life and proximity to Arizona State University, a newly expanded regional light rail system and numerous entertainment and retail options.