CDBG Impact Story in Fort Collins, Colorado
During National Community Development Week, April 17-22, NAHRO celebrates the hard work of communities across the country by sharing Community Development Block Grant (CDBG) and HOME Investment Partnerships Program (HOME) impact stories, highlighting the importance of these federal affordable housing and community development programs at the local level.
| Project Name | Redtail Ponds Permanent Supportive Housing
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| Location | Fort Collins, Colorado |
| District | CO-02 |
| Project Year | 2015 |
| Project Description | Redtail Ponds is a 4-story permanent supportive housing (PSH) development that offers 60 apartments for people with disabilities who have experienced homelessness. Multiple support services for those with substance abuse or mental health issues are located on site to help people gain stability in their lives. In a recent press coverage for the development, the columnist appropriately refers to Redtail Ponds as a “window of hope” since this award winning development demonstrates that “the best thing to be done for the homeless is not soup or pallets on a barren floor, but a place to assemble one’s life in peace.” In addition to apartments, Redtail Ponds features a community kitchen, fitness area, computer room, community garden and several common areas for residents to congregate. |
| Use of CDBG Funds | Construction of housing |
| Target Population | Homeless with disabilities and veterans with disabilities |
| CDBG Funds | $1,391,077 |
| Other Funds | Leveraging: LIHTC Equity Investment, Colorado Division of Housing, Colorado Housing and Finance Authority Mortgage. |
| Jobs Created | 40 jobs |
| Project Impact | With its inspiring scenic view of the snow-covered Front Range, this project has provided homes for 60 residents, from 19-80 years old, including 22 veterans. After one year, 95% of the residents remained stably housed, 14 enrolled in employment training and 12 rejoined the workforce. Quote from a beneficiary: “When I came here and saw my apartment, I cried. I felt like I had gone from being a pauper to a princess virtually overnight. The majority of us here now have become like a family to each other. We care about each other. I have a send of joy and family that I was lacking.” –Cheryl |
| Contact | Housing Catalyst |
