New Executive Director Announced for Pikes Peak Housing Network Organization
Colorado Springs Chamber & Economic Development Corporation Announces New Executive Director for Pikes Peak Housing Network Organization FOR IMMEDIATE RELEASEMedia Inquiries: Jayne Mhono, Communications ManagerColorado Springs Chamber & Economic Development Corporation719.309.7741 | jmhono@cscedc.com PPHN Contact Name: David Lord, phone/e-mail: 719-661-0589, dlord@dlordinvest.com, or RandyScott, phone/e-mail: 719-213-3923, rlscottconsult@gmail.com Colorado Springs Chamber & Economic Development Corporation Announces New […]
Addressing the Affordable Housing Crisis Requires Expanding Rental Assistance and Adding Housing Units
October 27, 2022– Rents have increased over the last two years at a historic rate. Between December 2017 and September 2022, the median rent for newly leased units rose nearly 32 percent, with nearly all of that increase occurring in 2021 and 2022.[1] (See Figure 1.) These higher rents are especially hard for families with the […]
Colorado has a record-breaking affordable housing plan. Will state lawmakers push for growth and density, too?
February 8th, 2022- When the pandemic arrived, Colorado was dragged into an intense new phase of its housing shortage. “You can almost draw it exactly to March of 2020, when things started to deviate from the norms,” said Matthew Leprino, spokesperson for the Colorado Association of Realtors. Since then, housing costs have leaped upward at […]
Gov. Jared Polis touts factory-built homes as part of affordable housing solution
Gov. Jared Polis says expanding affordable housing will be a top priority of his over the next four years. In his Colorado State of the State address, the governor said everything ties back to housing — water, climate goals, the economy and transportation. He said if the state doesn’t act now, it will reach the point […]
Colorado Springs working to combat affordable housing shortage
January 20, 2021 – The lack of affordable housing in the Colorado Springs region has been well-documented as the area continues to see record growth. City leaders and community leaders say they are well aware, and taking action. Read more…
Surveys shed light on housing availability
November 30, 2022-The Affordable Housing Collaborative endorsed the passage of Proposition 123, which passed by a 52.6% to 47.4% statewide margin. It dedicates 0.1% of state income tax revenue, in years where state revenues exceed the TABOR limit for affordable housing programs, including aid to develop more housing and assistance for certain renters and homebuyers. Read […]
Surge in home prices making it tough for first-time homebuyers
October 12, 2021 – Data shows home prices for Colorado Springs increased 24 percent over the last year. Tatiana Bailey, Director of the UCCS Economic Forum, says there are multiple reasons for the home price surge. Read More…
$35M affordable housing project approved for Southeast
August 2, 2021– El Paso County commissioners have approved tax breaks for a 137-unit affordable housing apartment complex in the city’s Southeast. Colorado Springs Urban Renewal Authority will oversee the project, to be built by the Kansas-based Cohen-Esrey Development Group. Read More…
Colorado Springs receives $111M for housing needs; City Council looks to do more
July 12, 2021 -The Colorado Springs City Council critiqued how the city staff proposed spending $76 million in federal coronavirus relief aid on Monday, calling for more funding for affordable housing, but largely supported many ideas to fund infrastructure and economic development. Read More…
Proposal for affordable housing, downtown Colorado Springs
April 21, 2021 – “The opportunity to be in a house, that is affordable, in a beautiful city like Colorado Springs? I think that’s a step in the right direction,” said Kiran Pandit, neighbor. Read More…