 Great morning celebrating the grand opening of Villas on McQueen in Chandler!
This new development will provide 157 affordable housing units for seniors, veterans, families, and individuals with disabilities.
Maricopa County was proud to invest $5 million in this project. Congratulations to City of Chandler and everyone who helped make this vision a reality!
Note: this funding was the final remnants of (ARRPA) and not general fund dollars. This funding was used to fill a gap in financing for the project and a move from a city-run to private partnership. This will divest part of the Chandler federal government housing program started in 1972 to private/public partnership and will continue to house several elderly, veterans and disabled residents of our community.
 Had a fantastic time at the Greater Phoenix Economic Council State-of-the-Region with Sylvain Ledec, Executive Vice President and Director of Research, Federal Reserve Bank of San Francisco.
Appreciate the update on employment trends, the impact of AI in the workplace, interest rates, and inflation scenarios.
A few takeaways that stood out:
• The Federal Reserve remains focused on its dual mandate: maximum employment and price stability.
• Unemployment remains historically low, but businesses are carefully evaluating workforce investments as artificial intelligence continues to transform industries.
• Inflation has moved lower from its peak but remains above target, with energy costs, tariffs, and global supply chain disruptions continuing to influence prices.
• Markets generally expect inflation to moderate over time, but uncertainty remains as businesses and consumers navigate a rapidly changing global economy.
• Throughout history, innovation has disrupted existing jobs while creating entirely new industries and opportunities. The challenge for communities and policymakers is ensuring our workforce is prepared for what comes next.
 We had a wonderful time at the Chandler Chamber of Commerce Community Awards.
Congratulations to all the recipients. Proud of the work you all are doing to make Chandler an amazing place to live, work, and enjoy.
Proud to call Chandler my home!!
 Bridging Bioscience Borders last week at Venture Cafe Phoenix!
Hanging out with developers from Arizona, Taiwan, and Australia learning about biotech, health care innovation, and exploring AI.
Excited to see what comes next!
|
