Tuesday, March 10, 2009

Boulder County receives $250,000 for energy conservation

The Colorado Division of Housing has announced that $250,000 in CDBG funds has been awarded for increasing the availability of affordable housing in Boulder County.

Boulder County's Longs Peak Energy Conservation SFOO Rehab program has been awarded a CDBG grant of $250,000. These grant funds will be used to assist with the repair and rehabilitation of (ten) 10 homes by providing low-interest loans to homeowners earning less than 80% AMI. Historically those assisted by the program have fallen under the 50% AMI level. CDOH funds will be used only in the non-entitlement areas of Boulder County (outside the City limits of Boulder and Longmont).