Friday, April 17, 2009

Custer County receives CDBG grant of $238,000

DOLA's Division of Housing has announced that $238,000 in CDBG funds has been awarded for increasing the availability of affordable housing in Silver Cliff.

Custer County received a CDBG grant of $238,000 for the acquisition of a site for a new rental housing development in Silver Cliff, Colorado. Silvercliffs Apartments will be factory-built, and a mix of single-family and duplex units. There will be a total of 16 units with a mix of 1, 2, & 3 bedrooms; affordable at 30%, 40%, 50% & 60% AMI.