New affordable housing coming to Colorado Springs
February 23, 2021- COLORADO SPRINGS — On Tuesday, City Council approved a private activity bond for a 200-unit apartment complex on East Fountain and North Academy Loop. City Council members say it will be place for individuals who make less than six figures a year. According to Dave Geislinger, City Council member, only 32 homes […]
Steadily rising home prices raise concern among Colorado Springs city leaders
February 23, 2021 — The city’s white-hot housing market has been great for its economy, but that appears to be changing. The City Council this week expressed concern that steadily-rising home prices are starting to discourage some employers — and maybe even some families — from moving here. According to the city’s 2020 financial report […]
Home shortage continues to frustrate Colorado Springs buyers
January 11, 2021- Colorado Springs’ home shortage, which has buyers increasingly frustrated and real estate agents concerned, shows no signs of ending anytime soon. Just 530 single-family and patio homes were listed for sale in December in the Springs area — the fewest over at least the last 25 years, according to the latest Pikes […]
Lack of Affordable Housing Reaches ‘Crisis Proportions’ in Colorado Springs
May 2021, Article by Scott Harrison of KRDO COLORADO SPRINGS, Colo. (KRDO) — A relatively new group told the City Council that the limited availability of affordable housing in the city is now at a crisis, and requires more drastic and immediate action. At least two council members agreed with the assessment Monday provided by […]