To: Board of County Commissioners
Through: ??Katherine Smith, Director, Community Resources
Prepared By:
prepared
???Elizzebeth (Lizze) Loomis, Division Manager, Community Development and Housing Stability Services??
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presenter
Presenter: Elizzebeth (Lizze) Loomis, Division Manager, Community Development and Housing Stability Services
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Subject:
title
2:45 PM *Affordable Housing Development Grant 2026 Allocations
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Purpose and Request:
recommended action
County staff are seeking direction from the Board of County Commissioners regarding the allocation of $4,000,000 in Affordable Housing Development Grant funds, consistent with the Board's December 2025 direction.
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Alignment with Strategic Plan: Economic Resilience and Stability - Maintain and improve affordable housing initiatives, including housing preservation and homeownership support.
Background and Discussion: In December 2025, the Board of County Commissioners (Board) approved a one-time allocation of $4,000,000 to support affordable housing initiatives, along with an ongoing annual allocation of $1,000,000 in subsequent years. This action reflects the Board's continued commitment to advancing economic resilience and housing stability across Arapahoe County. The approved funding is intended to maintain and expand affordable housing opportunities, support housing preservation efforts, and promote pathways to stable housing and homeownership for low- and moderate-income households.
In response to this direction, County staff established the Affordable Housing Development Grant Program to strategically deploy these funds in a manner that maximizes long-term community benefit and strengthens the County's housing development pipeline. The program is designed to support projects that demonstrate readiness, financial feasibility, and alignment with County housing priorities, while leveraging additional public and private investment where possible.
Staff recommends appr...
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