Greccio Housing is preparing to close on two apartment buildings that will increase their inventory of affordable housing by more than 30 percent. Lee Patke, Greccio executive director, said he couldn’t discuss specifics about the buildings or the bank that owns them until the closings on Feb. 6 and March 6. But the two buildings, [...] [...]
A Colorado Springs developer is pushing ahead with plans to build a 240-unit apartment community near Fort Carson, but the high cost of construction and tight financing could sideline the project. Despite the obstacles, Nor’Wood Development Co. President Chris Jenkins believes there are compelling reasons to push ahead on the complex, which would be located [...] [...]
The Colorado Department of Local Affairs’ Division of Housing reported this week that there are twice as many low-income households as there are affordable rental units in Colorado. Housing units are deemed affordable if the household pays 30 percent or less of monthly income to rent. DOH analysts also found there are 49 rental units [...] [...]
Thirty cyclists riding across the United States with Bike & Build Inc., a national affordable housing nonprofit, will be rolling into Colorado Springs July 2 to help build a house. The cyclists are traveling from Nags Head, North Carolina to San Diego, California to raise money and awareness for affordable housing causes. They stop in [...] [...]
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