April 11-15 is Community Development Week! Learn more about the many ways that we partner with non-profit and for profit organizations; and philanthropic foundations to help vulnerable individuals and families in our community overcome challenges by finding affordable places to live, improving their neighborhoods, and preventing homelessness. Here is a look at how Community Development is positively impacting the community.
2022 community development week infographic text
The City of Colorado Springs received $5.1 million in Housing and Urban Development funding for our 2021 program year. The Community Development Division also typically received between $300,000 and $500,000 which is then prioritized for affordable housing projects.
By the numbers
- $1.5 million HOME funds (31%)
- $262,000 ESG (6%)
- $3.2 million CDBG (63%)
Funding priorities
- Create affordable housing
- Homeless support services
- Nonprofit assistance
- Neighborhood infrastructure
- Small business support
- $15.5 million Pandemic Response funding from HUD
- $9.8 million CARES Act
- emergency shelter operations
- landlord incentives
- homeless prevention
- downtown street outreach
- rapid rehousing
- PPE, hazard page, materials, transportation
- $%.7 million HOME ARP
- 50% for affordable rental housing
- 20% for non-congregate shelter
- 15% for capacity building, TBRA and services
- 15% for administration
- Production of up to 470 affordable units
Affordable housing infographic text
Shooks Run apartments (New multifamily development)
- 40 units
- $400,000 for HOME funds plus 9% LITCH
Atrium at Austin Bluffs (affordable senior housing)
- 54 units
- $380,000 of HOME, private activity bonds, 4% LIHTC, and state tax credits
Emergency shelter for COVID-19 patients isolation shelters (ESG-CV)
- Sheltered 383 clients to date, preventing spread of COVID-19 and other infectious disease
small business Support Exponential Impact (CDBG-CV)
- Retained and created 38 jobs in 23 microenterprises in LMI neighborhoods. 90 percent were minority, women, or veteran owned businesses
Innovative programs Sunshine Home Share (CDBG CDBG-CV)
- Home share program pairing LMI renters with seniors