City Of Colorado Springs: How Community Development Helps Vulnerable Individuals And Families In Our Community

Colorado Springs CO

14 April, 2022

6:19 AM

Description

Press release from the City of Colorado Springs: April 12, 2022 April 11-15 is Community Development Week! Learn more about the many ways that we partner with non-profit and for profit organizations; and philanthropic foundations to help vulnerable individuals and families in our community overcome challenges by finding affordable places to live, improving their neighborhoods, and preventing homelessness. Here is a look at how Community Development is positively impacting the community. Create affordable housingHomeless support servicesNonprofit assistanceNeighborhood infrastructureSmall business support$15.5 million Pandemic Response funding from HUD$9.8 million CARES Act emergency shelter operations landlord incentives homeless prevention downtown street outreach rapid rehousing PPE, hazard page, materials, transportation $%.7 million HOME ARP 50% for affordable rental housing 20% for non-congregate shelter 15% for capacity building, TBRA and services 15% for administration Production of up to 470 affordable units 54 units$380,000 of HOME, private activity bonds, 4% LIHTC, and state tax credits This press release was produced by the City of Colorado Springs. The views expressed here are the author's own.