Thursday, December 22, 2011

$20,000 CHDO grant awarded to Del Norte

The Department of Local Affairs has announced that $20,000.00 in HOME CHDO Operating (HMCO) funds has been awarded to Denver County for the following project:
Del Norte Neighborhood Development Corporation has been awarded a CHDO Operating grant of $20,000 to assist with staff salaries for the pre-development work of the Avondale Apartments, 60 units of workforce housing that is to be built at 14th and Irving in Denver. The due diligence to be performed shall include permitting, lining up
sources of financing and partnerships, re-applying for tax credits, and coordinating the acquisition