Seeking Federal Funds for Affordable Housing
Posted 06/29/2009
A pressing problem for El Paso County is the dearth of affordable housing for low-income individuals and families.
Pikes Peak Behavioral Health Group (specifically, Aspen Diversified Industries Services or ADIS) is asking for funding from the U.S. Department of Housing and Urban Development for a project aimed at purchasing six multi-family developments easily accessible to Fort Carson and other southeast-area bases and businesses.
The scope of the project includes renovating the properties to create low- and middle-income family rental housing as well as job opportunities for wounded warriors and disadvantaged individuals.
The developments will be renovated over a three-year period. After renovation, the housing units will be rented to families.
Go to www.dola.colorado.gov/ARRA/nsp.html for more information about the Neighborhood Stabilization Plan. Click here to read the legal notice in Tuesday’s Colorado Springs Gazette.
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