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Colorado Springs plans to issue $40 million in bonds for hundreds of new affordable rental units

The city of Colorado Springs plans to issue up to $40 million in private activity bonds to build more than 200 new affordable rental housing units on the city s north side, officials told the City Council during a work session Monday. ....

United States , Steve Posey , Academy Heights , Community Development Division , Academy Loop , City Council , Properties Of Portland , Colorado Springs , Royal Pines Apartments , North Powers , North Union , North Academy , Ity Of Colorado Springs , Community Development , Affordable Housing , Rental Housing ,

Colorado Springs plans to issue $40 million in bonds for over 200 new affordable rental units

The city of Colorado Springs plans to issue up to $40 million in private activity bonds to build more than 200 new affordable rental housing units on the city s north side, officials told the City Council during a work session Monday. ....

United States , Steve Posey , City Council , Academy Loop , Academy Heights , Properties Of Portland , Community Development Division , Colorado Springs , Royal Pines Apartments , North Powers , North Union , North Academy , Ity Of Colorado Springs , Community Development , Affordable Housing , Rental Housing ,

New affordable housing coming to Colorado Springs


New affordable housing coming to Colorado Springs
ERIN CHAPMAN
CITY COUNCIL APPROVES A PRIVATE ACTIVITY BOND FOR A 200 UNIT APARTMENT COMPLEX ON THE CITIES SOUTH CENTRAL SIDE
and last updated 2021-02-24 00:50:44-05
COLORADO SPRINGS — On Tuesday, City Council approved a private activity bond for a 200-unit apartment complex on East Fountain and North Academy Loop.
City Council members say it will be place for individuals who make less than six figures a year.
According to Dave Geislinger, City Council member, only 32 homes for sale in Colorado Springs are under $300,000.
Right now we don t have those middle income homes. So we have those situations where people cannot find homes to move into. ....

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A wave of new apartment projects planned for southeast Colorado Springs


A rendering shows a street scene in the 223-unit Mosaica apartment project that s planned east of Circle Drive and Hancock Expressway on Colorado Springs southeast side. Mosaica has been designed with a neighborhood look and feel. Its 48 smaller buildings will have front porches and amenities will include backyard-like common areas, a neighborhood community center and a playground. COURTESY RENDERING  ....

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