Tuesday, August 21, 2012

Housing News Digest, August 21

Carbondale affordable housing program to be scrutinized tonight CARBONDALE, Colorado — This town's affordable housing program is the topic for a work session of the Board of Trustees tonight, where officials will meet with the program's new managers and talk about a range of issues. Among the issues will be an update on the current inventory of deed-restricted units, as well as a look at what the town can expect from the Garfield County Housing Authority .

Student renters learn about community, being good neighbors Michelle Willett, of CU's Off-Campus Housing and Neighborhood Relations, gave students a run-down of the city ordinances that can rack up expensive fines for new residents who aren't in the know. Pike said she was not surprised by the information about noise violations but she did not know about the Party Registration program, which gives students a 20-minute window to tame down their party before the cops arrive.

  WALDO CANYON FIRE: Fire department releases home rebuilding guidelines New fire codes will likely require rebuilt homes in the Waldo Canyon fire burn area to use fire-resistant materials, while older homes that survived the blaze will be allowed to keep existing wooden siding and decks.

 Real estate experts discuss refinancing, short sales and more GLENWOOD SPRINGS, Colorado — Nearly half of the mortgages in Garfield County are classified as “underwater,” according to some analysts. But local real estate experts say there are several options for homeowners who find themselves unable to keep up with their house payments but owe more than the house could now sell for. From refinancing a home loan to modifying loan terms, area real estate agents, mortgage brokers and banks say they are open to helping people stay in their homes.

Apartments going up at Steel Ranch LOUISVILLE - Work is about to begin on the final two major residential developments in Louisville, including a $36 million luxury apartment complex. Confluence Cos. LLC plans to break ground by the end of August on a 228-unit luxury apartment complex in the Steel Ranch development. The complex will have seven buildings, and the first building is expected to be ready for tenants early next summer, said Tim Walsh Confluence's president. Confluence is branding the complex North Main at Steel Ranch. The project is at the northwest corner of Colorado Highway 42 and South Boulder Road.