Tag: affordable housing
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2 apartment management firms settle with Colorado AG over illegal tenant screening
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Two large property management firms that handle affordable apartments have settled a case alleging they illegally denied units to tenant prospects based on dated information regarding possible criminal convictions, Attorney General Phil Weiser announced Wednesday. Avail Property Management Inc. and PK Management, LLC, jointly manage some 4,000 rental units at a dozen properties around the…
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Off-site housing manufacturer Red Feather Industries opening new factory, bringing nearly 100 jobs to southern Colorado
A Colorado-based, single- and multi-family modular housing builder is opening a new factory in southern Colorado with the help of the state’s Rural Jump-Start program of incentives, recently announcing plans to bring almost 100 jobs to Huerfano County. Headquartered in Walsenburg, employee-owned Red Feather Industries manufactures wood-based modular housing off-site. In Walsenburg, the company plans…
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GUEST OPINION: Affordable housing needs urgent housing justice
Last November, the City of Colorado Springs and El Paso County released the 2025 Regional Housing Needs Assessment (HNA) and the numbers are sobering. Our region lacks over 27,000 housing units to meet current needs. If we continue building at the same pace, we will be short 60,000 units by 2035. The over 300 pages…
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Second affordable housing project on church land opens in Colorado Springs
Greccio Housing doesn’t just do business deals. The nonprofit residential developer and property manager aligns its projects with a mission of providing stable, safe and affordable housing that helps struggling residents achieve stability, according to Executive Director Lee Patke. The Center for Strategic Ministry, a nonprofit arm of Woodmen Valley Chapel, also is mission-driven in…
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Affordable senior housing project envisions apartments, new senior center in southeast Colorado Springs
Developers are seeking an urban renewal designation to assist with project funding An affordable senior housing project planned for southeast Colorado Springs moved a step closer last week to receiving urban renewal designation. Denver-based developer Arrowleaf Development LLC plans to build 157 affordable senior housing units and a senior center near the intersection of Zebulon Drive…
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Three Pikes Peak region affordable housing projects awarded tax credits for construction
Three of the 14 affordable residential developments to receive federal and state housing tax credits from the Colorado Housing and Finance Authority in the agency’s first round of awards this year are being built in the Pikes Peak region. Receiving tax credit approval through the highly competitive selection process signifies hurdling a milestone for affordable…
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La Fun developers receive coveted low-income housing tax credits for Manitou Springs project
A plan for the first apartments in Manitou Springs to be built since the early 1970s has secured a competitive tax incentive through the state of Colorado. The Colorado Housing and Finance Authority awarded over $2 million in tax credits to the developers of the former La Fun Motel property. In exchange, the project will…
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As Colorado passes 6 million residents, housing initiatives take center stage
New Census data confirming Colorado’s population has topped six million is fueling renewed debate over Gov. Jared Polis’ housing agenda, as he tied the population increases to home construction. The governor said the counties experiencing the largest increases in new housing construction — Weld, Larimer, and Douglas — are also seeing the fastest population growth.…
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Federal judge dismisses developer’s challenge to Denver affordable housing ordinances
A federal judge dismissed a homebuilder’s constitutional challenge on Tuesday to a pair of Denver ordinances that impose obligations on developers related to the affordable housing demands created by new construction. Two related companies, redT Homes and redT Capital Partners, sued the city last year over the fees they would incur to construct six homes…
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A fresh perspective on affordable housing | From My Perspective
It seems like the usual way of solving problems in society doesn’t work well any more. Tried and true methods that worked 50 years ago aren’t very effective in today’s world of technology, globalization and a rapidly changing environment. Tackling current problems requires creativity, innovation and fresh perspectives. A success story is unfolding in Boulder…