The Archuleta County Housing Authority, owner/Board of Directors of Casa de los Arcos, plans to expand its facilities by creating additional affordable housing on the existing Casa de los Arcos property. The project will provide a crucial public benefit by offering eight low rent units in an existing 16 unit affordable housing community. The new construction units will be 470 square foot efficiency units. There will be two dwellings consisting of four units stacked on top of four lower units. The construction of these units will put the property’s empty space to good use and help fill the need in our community to create affordable housing options for homeless seniors/verterans.
Pagosa Springs, Colorado, October 7, 2019 — The Archuleta County Housing Authority (ACHA) announced today the approval by the Colorado Housing and Finance Administration (CHAFA) of the Authority’s application for tax credit financing for 34 units of affordable housing in Pagosa Springs.
The housing is to be constructed at a site on Hot Springs Boulevard, on land made available by Archuleta County. The financing approved will be under the federal Low Income Housing Tax Credit program (LIHTC), which CHAFA administers throughout the State of Colorado.
Clifford Lucero, Vice President of the ACHA Board of Directors, thanked the Archuleta County Commissioners for their vision and commitment to the future of the community in making the Hot Springs Boulevard site available for construction of the housing, and the Town of Pagosa Springs for its multi-faceted role in supporting and approving the project. Click Here to Read the Full Press Release.