News Article

Regional partners awarded $1.7 million in Proposition 123 funds to create affordable homeownership housing units

Pagosa Sun | Wednesday, March 5, 2025

The Colorado Department of Local Affairs (DOLA), Division of Housing, has awarded $1,753,000 to Ignacio, Pagosa Springs and Silverton, as part of Proposition 123 (Prop 123) initiative to support the development of affordable housing.

These funds, made available through the State Affordable Housing Support Fund, will assist the awarded communities in creating new housing units to address the growing need for affordable and attainable homes.

Pine River Commons townhome project slated to wrap up by mid-September

Water line installations, hydrant evaluations cause slight setback for Bayfield development

Ignacio’s Rock Creek housing project to provide income qualified housing before end of year

Residents making under 80% of area median income will qualify for down payment assistance

Durango’s Motel-to-Apartments Housing Project Should Be Ready for Tenants by End of Year

Development targets wage earners making 30% to 60% of area median income

Foundation that launched Bodo Industrial Park in Durango disbands

Durango Industrial Development Foundation board members from left, Jim Morehart, Don Mapel and Steve Short are part of the board that was created in 1972. Last February, DIDF board members voted to dissolve the entity, a recognition the industrial park had been fully built.

Regional partners awarded $1.7 million in Proposition 123 funds to create affordable homeownership housing units

Pagosa Sun | Wednesday, March 5, 2025

Pine River Commons townhome project slated to wrap up by mid-September

Ignacio’s Rock Creek housing project to provide income qualified housing before end of year

Durango’s Motel-to-Apartments Housing Project Should Be Ready for Tenants by End of Year

Foundation that launched Bodo Industrial Park in Durango disbands

Durango’s hotel-to-housing project financing is a first in Colorado

Durango City Council approves rezoning of Grandview property to low-density residential use

Durango approves $1.88 million DOLA block grant for mortgage assistance