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Entries posted by jonathan.easley

Foreclosure councilors facing cuts as need grows

In a shocking turn of events for local housing advocates, a bill that had the potential to ease the state’s foreclosure crisis was killed in committee last week. That will leave housing counseling agencies scrambling for resources and could have a broad effect on operations designed to keep people in their homes. “We don’t have… Continue Reading Foreclosure councilors facing cuts as need grows

A local agency is bringing together contractors and community members to build new homes for low-income families in the region. No, ABC is not filming an episode of Extreme Home Makeover in Colorado. Rather, it’s another unique loan program from the US Department of Agriculture that offers home ownership to the working poor while building… Continue Reading Govt. housing loans call for do-it-yourself building

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Nike extends USOC sponsorship through 2016

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Nike, Inc. will extend its sponsorship as official outfitter of the US Olympic Committee through 2016, the entities said in a joint release yesterday. Nike will provide footwear, apparel and headwear for US Olympic and Paralympic athletes at the London 2012, Sochi 2014, and Rio de Janeiro 2016 games. Nike will also supply award uniforms for the… Continue Reading Nike extends USOC sponsorship through 2016

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Early next month, property owners in El Paso County will receive reappraisal notices from the assessor’s office, and the damage done to property values in the region from July 1, 2008 to June 30, 2010 will be starkly apparent. Just seeing those dates on paper is enough to make most property owners cringe, and it’s… Continue Reading Assessor expects 7% drop in commercial valuations

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Voters this week elected six new members and one incumbent to the Colorado Springs City Council. The new council will be responsible for confirming the mayor’s appointees, appointing the Memorial Health System board of directors, overseeing Colorado Springs Utilities and fielding citizen complaints, among other duties. Here’s a look at where the new city council… Continue Reading City Council: Where members stand on city issues

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Woodland Park cashing in on USDA loans

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While many homebuyers in Colorado aren’t aware that they might be eligible for a little-known federal loan from the U.S. Department of Agriculture, Woodland Park has quietly become a major beneficiary of the program. Continue Reading Woodland Park cashing in on USDA loans

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The $880 million, 62-mile Southern Delivery System pipeline that will move water from the Pueblo Reservoir to Colorado Springs has survived the past eight City Councils and carries the support of virtually every political heavyweight in the region. But there’s a nightmare possibility for Colorado Springs Utilities: What if voters elect a Council next week… Continue Reading CSU mounts pre-election media blitz to promote SDS

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Foreclosures: Who steps in?

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There are so many vacant houses on the market in El Paso County because of foreclosures that a full recovery is impossible until the market is rid of that inventory, local experts say. “The number of foreclosed homes … represents a big obstacle to new home sales since homebuilders are in direct competition with the… Continue Reading Foreclosures: Who steps in?

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Word was out this week about what could be one of the bigger commercial real estate deals in Colorado Springs so far this year. It hasn’t closed yet, but Blake Allen of Manitou Springs-based Allen Realty has agreed to buy the 185,000-square-foot space that was formerly a Macy’s department store at the Citadel Mall. The… Continue Reading Deal in works to revive property at The Citadel

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As deficit hawks circle Washington, D.C., expenditures are up against the knife. Even popular programs aimed at preventing urban decay and providing affordable housing could be on the chopping block. The U.S. House will vote on a bill next week that would kill the Neighborhood Stabilization Program, which provides funding to cities for purchases of… Continue Reading Foreclosure renovation funding plan facing cuts

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