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City of Fort Collins Awards $1.7 Million to Agencies Serving Low-Income Residents

This press release was posted 491 days ago and may contain inaccurate information.
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The Fort Collins City Council on May 18 awarded $1.7 million to agencies serving low-income Fort Collins residents through housing and other public services.

As a percentage of total available funds for projects and programs, 27 percent has been allocated to affordable housing, and 25 percent to public service. Not all housing funds were allocated, which leaves $1.6 million available to allocate during the fall funding cycle. Funds originate with two federal programs - the Community Development Block Grant (CDBG) program and HOME Investment Partnership program - and through the City’s General Fund and Keep Fort Collins Great.

Council, after a recommendation from the City’s CDBG Commission, approved the following funding on first reading. Second reading of the ordinances are scheduled for the June 7 City Council meeting.

Housing Loans ($905,000)

The City received four proposals, which Council funded:

  • Habitat for Humanity: Harmony Cottages ($480,000)
  • Hendricks Communities: Northern Hotel ($250,000)
  • Loveland Housing Development Corp.: Larimer Home Improvement Program ($150,000)
  • Neighbor to Neighbor: Aztec Siding Repair and Paint ($25,000)

Public Service Grants ($809,857)

The City received 37 proposals totaling $1.4 million with only $809,857 in available funding. Council awarded 32 agencies funding ranging from 24 percent to 100 percent of their original requests. Agencies and programs range from childcare to youth services, services for seniors, disabled citizens, rent assistance, homeless services, persons living with HIV/AIDS, people who are victims of sexual assault or domestic violence and mental health services. For a complete list, go to fcgov.com/socialsustainability.

Through these grants, the City will serve more than 14,000 individuals in fiscal year 2016. The next funding cycle for housing only will begin in July 2016, for both categories in January 2017. For more information, contact Sharon Thomas at 970.221.6595 or c3Rob21hc0BmY2dvdi5jb20=.

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