Thursday, March 10, 2011

Housing News Digest, March 10

Ground broken on farmworker housing project in North Delta
After unsuccessfully pursuing a change in zoning for a farm worker housing project, Colorado Rural Housing Development has shifted its focus to North Delta. Ground has been broken on a parcel of land south of Mesa Rentals on the east side of Highway 50.

Because that parcel was already zoned B-2, no further review was required for the multi-unit housing project.

Welcome to the Home Improvement and Remodeling Expo
Welcome to the 2011 Home Improvement & Remodeling Expo. On behalf of the Housing and Building Association of Northwestern Colorado, it is my pleasure to present to you the 36 annual Home Improvement & Remodeling Expo.

Deal with Village at Wolf Creek would gain hill along Highway 160
proposed land exchange between the Village at Wolf Creek and the Forest Service cleared its first crucial hurdle Tuesday when the Forest Service announced it will study whether the plan is a good idea.

The proposed deal would swap private land in a meadow near the base of Wolf Creek Ski Area for a Forest Service hillside next to U.S. Highway 160. The hillside would become the site of a ski resort that has been controversial since original plans were announced more than 20 years ago.

Market rolls along without tax credits
The Denver-area resale housing market , without the help of last spring’s federal tax credits, experienced a 16.3 percent drop in under contracts in February from February 2010, shows a report released today.

The drop was widely anticipated and is a trend expected to continue for the first part of the year, as the federal government is no longer providing up a an $8,000 dollar-for-dollar write off for qualified buyers, as it did in the first four months of 2010.