State Housing Board Meeting Agenda April 2026
$560K Prop 123 Grant Recommended for Two Rivers Phase II
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Description
The Division of Housing staff recommend a $560,000 Proposition 123 AHOP grant to Chaffee Housing Trust to support construction of eight permanently affordable homeownership units in the Two Rivers Phase II project in Salida. All units will serve households earning under 80% of area median income using a community land trust shared‑equity model.
Contract Details
Contract Amount
$560,000.00
Vendor
CHAFFEE HOUSING TRUST
Agency
Division of Housing, CO
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Renewal Info
Initial Proposition 123 AHOP grant; affordability preserved via 99‑year ground lease and shared‑equity resale formula; no grant renewal terms described.
More from CHAFFEE HOUSING TRUST
Related Contracts
Chaffee County Commissioners Meeting Minutes February 2026
PENDINGState Housing Board Meeting Agenda January 2026
APPROVEDLeadville City Council Agenda January 2026
DISCUSSEDdivision-of-housing-state-housing-board-meeting-agenda_ed7.pdf
approvedstate_housing_board_meeting_agenda_october_2025.pdf
NAMore from Division of Housing
Colorado Department of Local Affairs State Housing Board Meeting Agenda Packet 2026-06-09
Colorado Department of Local Affairs State Housing Board Meeting Agenda Packet 2026-06-09
Colorado Department of Local Affairs State Housing Board Meeting Agenda Packet 2026-06-09
Colorado Department of Local Affairs State Housing Board Meeting Agenda Packet 2026-06-09
Colorado Department of Local Affairs State Housing Board Meeting Agenda Packet 2026-06-09
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