Chaffee housing authority wins Prop 123 funding; acquires River Village mobile-home park to preserve affordable units

The Chaffee-area housing authority told commissioners it received Prop 123 funding in the latest cycle for local projects that could advance affordable housing in the county. The authority's representative said the BB Crossing project was awarded funds that position the project to move forward but still leaves a financing gap of about $2.3 million to $2.5 million.

The authority also reported completion of an acquisition that preserves River Village Mobile Home Park. “River Village Mobile Home Park is now property of the CHTCHA LLC,” a housing-authority-affiliated presenter said. The speaker described a complicated closing timeline, competition from national investors, and last‑minute insurance challenges: a quoted annual premium of $35,000 was negotiated down to under $5,000. Funding to replace aging water and sewer infrastructure is planned and city/county partners will help execute upgrades to serve the 59 units (with potential for 10 more).

Housing authority staff said they are reorganizing front-facing services to be more service-oriented—consolidating multiple websites into one, adding tenant and homeowner resources, and adopting a property-management system. The authority reported hiring a new property manager and noted that staffing and operating capacity remain constrained as projects move from planning into management. Commissioners and housing authority staff discussed prioritization in future Prop 123 cycles and coordination so local projects do not compete against one another.

The county did not take formal action on the projects during the meeting; staff requested continued coordination with local jurisdictions and developers as funding rounds progress.