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Chaffee County housing authority reports two affordable housing awards, mobile‑home park acquisition and hires as development work continues
Summary
Chaffee County housing authority staff updated commissioners on recent funding wins for two local projects, the acquisition and preservation of River Village mobile home park, staffing hires for property management, and next steps on a pipeline of preservation and development projects.
Housing authority staff told commissioners that two projects in Chaffee County were awarded funding in the latest state cycle, and that other work continues in development and preservation.
Staff said the Crossing project (an affordable rental development) was awarded capital equity in the most recent funding round but still has a capital gap—staff estimated a remaining development funding gap in the neighborhood of $2.3 million that will require additional private or local capital to close before construction can start. The flour‑mill redevelopment project received a later allocation of equity in the same cycle after an initial denial, which staff said keeps that project viable for further capital stacking work.
On preservation, staff announced the…
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