Monday, September 28, 2009

More projects announced in August

Gilpin County Housing Needs Assessment

$52,460 in CDBG funds has been awarded for increasing the availability of affordable housing in Gilpin County.

Gilpin County received a CDBG grant of $52,460 to conduct a county-wide Housing Needs Assessment. This will be the first ever assessment done of the housing needs in Gilpin County. It will address the economic and demographic framework, housing inventory, housing market conditions, housing problems, special needs, housing gaps and estimated needs as outlined in the Colorado Division of Housing template, with an emphasis on lower income communities. A full written report will be provided to the CDOH that will cover primary data collection and interpretation as well as specific issues that the local community requested, especially regarding senior citizens.


Alamosa County / San Luis Valley Housing Coalition – Down Payment Assistance Program


$65,700 in CDBG funds has been awarded for increasing the availability of affordable housing in the San Luis Valley.

Alamosa County, on behalf of the San Luis Valley Housing Coalition, Inc. (SLVHC), received a grant of $65,700 to support the on-going
SLVHC, Inc. Down Payment Assistance Program from October 2009 through September 2010. This program will provide and administer nine (9) down payment assistance loans in Alamosa, Conejos, Costilla, Saguache, Mineral Counties and the Cities of Monte Vista and Del Norte. The SLVHC, Inc. markets to potential homebuyers through the real estate community, the local governments, and the local lending community and through public service announcements. The Colorado Rural Housing Development Corporation (CRHDC) supplies the first-time homebuyer counseling services for the San Luis Valley.

Renaissance Housing Development Corporation – Renaissance Uptown Loft Apartments

$750,000 in State Housing Development Grant (HDG) funds has been awarded for increasing the availability of affordable housing in Denver.

The Renaissance Housing Development Corporation (RHDC), a community housing development organization (CHDO) and development subsidiary of the Colorado Coalition for the Homeless (CCH), has received an award of $750,000 in Housing Development Grant funds for the new construction of the Renaissance Uptown Lofts, a 98 unit, mixed-income, transit oriented affordable housing development located at 517 East Colfax Avenue in Denver, Colorado. The project will integrate housing provided through the Denver Housing First Collaborative and other Colorado Coalition for the Homeless (CCH) service programs to meet a variety of community needs.

Crowley County / Tri-County Housing and CDC – Single-Family Housing Rehabilitation Program

$77,459 in CDBG funds has been awarded for increasing the availability of affordable housing in Bent, Crowley and Otero counties.

Crowley County, on behalf of the Tri-County Housing and Community Development Organization (TCHCDC), received a grant of $77,459 to continue the funding of their three-county (Bent, Crowley and Otero) Single-family, Owner-Occupied Rehabilitation Program for households at 80% of Area Median Income or less through November 2009. The new grant funds will be used to provide low-interest loans for 5 rehabilitation projects and 3 essential repairs. This SFOO Rehabilitation Program has received funding from the Colorado Division of Housing since 1991 and has completed the rehabilitation of over 400 owner-occupied homes.

Otero County / Tri-County Housing and CDC – Housing Rehabilitation Program

$185,755 in CDBG funds has been awarded for increasing the availability of affordable housing in Bent, Crowley, and Otero Counties.

Otero County, on behalf of the Tri-County Housing and Community Development Organization (TCHCDC), was awarded a grant of $185,755 to continue the funding of their three-county (Bent, Crowley and Otero) Self-Help, Single-family, Owner-Occupied Rehabilitation Program for households at 80% of Area Median Income or less. The new grant funds will be combined with other sources to provide low-interest loans for eight self-help rehabilitation projects. These grant funds are combined with Rural Develop low-interest mortgages to assist first-time buyers become home owners. All households must attend first-time homebuyer training and contribute at least 20 hours a week of labor. This self-help housing rehabilitation program has received funding from the Colorado Division of Housing since 2005 and has completed a total of 25 homes to date.