Wednesday, March 21, 2012

$660,000 awarded to Habitat for Humanity

The Department of Local Affairs has announced that $660,000.00 in HOME Investment Partnerships Program (HOME) funds has been awarded for the following project:

Habitat for Humanity of Colorado is awarded a grant of $660,000 to help local affiliates develop 60 single-family homes affordable to households earning up to 60% of the Area Median Income. The affiliates may build new (acquire land, develop infrastructure, and build), or they may acquire, rehabilitate and resell existing, vacant homes. The grant would also fund administration and technical assistance to affiliates. Habitat homes are typically single-family dwellings with no garage, carport or basement. They are generally about 1,200 square feet with three bedrooms and two bathrooms. In some cases, due to local jurisdictions’ requirements, Habitat homes do exceed these standards of simplicity (ex. they might include a garage).