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Centennial reallocates CDBG funds to help bridge financing gap for Montview Flats affordable housing project
Summary
The Centennial City Council on May 6 approved Resolution 2025-R-19 to reallocate Community Development Block Grant (CDBG) funds to help bridge a financing gap for Montview Flats, a 50‑unit affordable housing project in downtown Littleton.
The Centennial City Council on May 6 approved Resolution 2025-R-19 to reallocate Community Development Block Grant (CDBG) funds to help close a financing gap for the Montview Flats affordable housing project, a 50‑unit development in downtown Littleton run by South Metro Housing Options (SMHO).
Braden Wirt, a management analyst for the city, and Jonas Schneider presented the request. Wirt told council that the CDBG program is administered by Arapahoe County for the area, and that the city had previously allocated $325,000 to Montview Flats in September 2024. To meet a May lending…
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