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Fort Collins affordable-housing project wins state Prop 123 funds - Vimarsana News

Fort Collins affordable-housing project wins state Prop 123 funds

Village on Eastbrook, a development planned by Housing Catalyst, the city of Fort Collins’ housing authority, was named Wednesday as one of the first 16 recipients that will share $25.34 million in land-banking funds through the voter-approved Proposition 123. Housing Catalyst will receive $1.61 million to develop the project, according to the offices of Gov. Jared Polis, the Colorado Office of Economic Development and International Trade, and the Colorado Housing and Finance Authority. The funding is intended to support Colorado communities as they acquire and preserve land for affordable h...