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FHA borrowers to save under Obama proposal

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FHA borrowers to save under Obama proposal

President Obama last week proposed lowering insurance premiums on FHA-insured loans by 50 basis points, claiming this would save 250,000 borrowers an average of $900 annually in house payments. “The annual premiums on FHA loans, an especially popular source of financing for first-time home buyers, have increased five times since 2010,” according to an article in… Continue Reading FHA borrowers to save under Obama proposal

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Discover Goodwill expands retail operations to Monument

Discover Goodwill of Southern and Western Colorado will cut the ribbon Saturday, Jan. 24, to commemorate the opening of its newest retail center, located at 15821 Jackson Creek Parkway in Monument, east of the Wal-Mart Supercenter. The 9:45 a.m. ribbon-cutting will include addresses by Discover Goodwill President and CEO Karla Grazier, El Pomar Foundation Vice… Continue Reading Discover Goodwill expands retail operations to Monument

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Pride Center closes after 37 years, Pride Fest under new management

The nonprofit Colorado Springs Pride announced Monday morning it dissolved its Pride Center after 37 years of LGBT support. The organization’s board of directors decided last week to close the Pride Center at 401 S. Tejon St. due to “unretired debt from years past, as well as management issues,” according to a news release. “The decision… Continue Reading Pride Center closes after 37 years, Pride Fest under new management

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Suthers to announce for mayor

Colorado Attorney General John Suthers will formally announce his intention to run for mayor of Colorado Springs. The announcement will happen at 10 a.m., Saturday, Jan. 17, at the Ivywild School, 1604 S. Cascade Ave. Suthers was born and raised in Colorado Springs, and according to a news release, he is “focused on getting Colorado… Continue Reading Suthers to announce for mayor

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Perry Sanders to buy Cygnet building

Colorado Springs businessman Perry Sanders confirmed that he will acquire Cygnet Building Holdings LLC. The sale is expected to close in the very near future, pending the resolution of certain legal problems associated with past ownership. The company’s principal asset is the five-story building at 31 North Tejon St., which houses The Famous Steak House and… Continue Reading Perry Sanders to buy Cygnet building

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O’Neil has new space for enhanced growth

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O’Neil has new space for enhanced growth

The O’Neil Group Company has been focusing its effort in downtown Colorado Springs for years, but the firm is poised to initiate its biggest project in 2015 with what it calls the Catalyst Campus. The company, owned and operated by Colorado Springs businessman Kevin O’Neil, specializes in acquiring companies, streamlining their operations and moving them… Continue Reading O’Neil has new space for enhanced growth

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CDOT expects to launch ‘Bustang’ by spring

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CDOT expects to launch ‘Bustang’ by spring

The Colorado Department of Transportation announced this week the anticipated launch of Bustang, Colorado’s first state-owned and -operated bus system connecting Colorado Springs to Fort Collins and Denver to Glenwood Springs. Buses will run during the work week and provide transportation along the Interstate-25 corridor as well as mountain corridors accessed via Interstate 70. Bustang… Continue Reading CDOT expects to launch ‘Bustang’ by spring

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Country Club of Colorado starts $3 million renovation

The Country Club of Colorado at Cheyenne Mountain Resort started a $3 million, six-month renovation and expansion “focused on elevating the member and guest experience through a series of new services and amenities,” according to a news release. The project includes a new, 5,000-square-foot resort spa that will feature Colorado-inspired health and wellness programs and… Continue Reading Country Club of Colorado starts $3 million renovation

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Braxton, O’Neil buys Gnostech Inc.

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Braxton, O’Neil buys Gnostech Inc.

Braxton Science and Technology Group, LLC (BSTG) and The O’Neil Group Company, LLC announce the purchase of Gnostech Inc., an engineering firm specializing in cyber security, system integration and security related software development, GPS user equipment and signals modeling, simulation and testing, as well as mission planning, according to a news release sent this week by Braxton.… Continue Reading Braxton, O’Neil buys Gnostech Inc.

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Palmer students win Best in State app challenge

A group of Palmer High School students recently won Best in State in the third Verizon Innovative App Challenge. The competition tasked students to develop a concept for a mobile application that would solve a problem in their school or community. The winning students’ concept focused on creating new ways for teens to get involved… Continue Reading Palmer students win Best in State app challenge

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