Town of Granby Board of Trustees Meeting Agenda January 2026
Town Pursues $7.6M Prop 123 Loan via CHFA
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Description
The Town is coordinating with the Colorado Housing and Finance Authority on a proposed $7.6 million Proposition 123 concessionary loan to support Nuche Village. Closing this low-interest loan is essential for the broader bond-financed structure to move forward.
Contract Details
Contract Amount
$7,600,000 (anticipated Proposition 123 loan amount)
Vendor
COLORADO HOUSING & FINANCE AUTHORITY
Agency
Town of Granby, MN
Contract Type
FINANCIAL_SERVICES
Document Date
January 13, 2026
Renewal Info
Loan terms, maturity, and any extension options will be defined at closing; details are not provided in this agenda.
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