$560K Prop 123 Grant Recommended for Two Rivers Phase II

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.

Scope & details

The full contract record, as filed.

Contract amount

$560,000.00

Contract type

FINANCIAL_SERVICES

Renewal

Initial Proposition 123 AHOP grant; affordability preserved via 99‑year ground lease and shared‑equity resale formula; no grant renewal terms described.

Document type

AgendaPacket

Source document

State Housing Board Meeting Agenda April 2026

Related contracts

Other contracts from Chaffee Housing Trust.

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Chaffee County Planning Commission AgendaPacket 2026-07-21

RECOMMENDED

Chaffee County, ColoradoJul 21, 2026

Chaffee County Commissioners Meeting Minutes February 2026

PENDING

Chaffee County, ColoradoFeb 3, 2026

State Housing Board Meeting Agenda January 2026

APPROVED

Division of Housing, Colorado$1,000,000Jan 20, 2026

Leadville City Council Agenda January 2026

DISCUSSED

City of Leadville, ColoradoJan 20, 2026

division-of-housing-state-housing-board-meeting-agenda_ed7.pdf

approved

Division of Housing, Colorado$864,000Nov 4, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Division of Housing?

Chaffee Housing Trust was awarded this financial services contract by Division of Housing, as recorded on April 14, 2026. The contract value is $560,000.00.

How much is the Chaffee Housing Trust contract with Division of Housing worth?

The Chaffee Housing Trust contract with Division of Housing is valued at $560,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in State Housing Board Meeting Agenda April 2026 (AgendaPacket), dated April 14, 2026 from Division of Housing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Chaffee Housing Trust hold?

Chaffee Housing Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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