Tag: Draper Commons
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Affordable housing south of downtown to receive $12.8 million from Proposition 123
A planned affordable apartment building at the south end of downtown Colorado Springs was one of the major recipients of the state’s affordable housing funds awarded last week. The Office of Economic Development and Trade announced that the Bristow House development will receive $12.8 million in funds through Proposition 123, which voters approved in 2022…
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Affordable housing project near downtown Colorado Springs earns urban renewal designation
The City Council on Tuesday declared a small portion of undeveloped land southeast of downtown Colorado Springs as blighted, a move that will help fund the construction of nearly 400 new affordable apartments in the Lowell neighborhood. The council voted 8-1, with Councilman Dave Donelson opposed, to establish the Bristow-Lowell urban renewal district, roughly 6…