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City of Durango News Flash

Posted on: February 7, 2024

City seed money of $250,000 helps local housing effort

Animas Mobile Home Park

Durango, CO:  The Housing Catalyst Fund, originally seeded in part by a $250,000 contribution from the City of Durango, has now completed its second round of grant funding.

The fund is operated through the La Plata Economic Development Alliance and its consultant team, Project Moxie, to identify potential housing projects throughout the La Plata County.

The fund was created by a combination of grants that include the City of Durango and La Plata County. The city plans to continue to contribute to the catalyst fund in 2024 with another contribution of $250,000. To date, the fund has raised $933,000. The Alliance anticipates that a third round will start in March 2024 with projects awarded in April.

Complete criteria and details about how to apply as well as the recorded Catalyst Fund Q&A webinar are available on the Alliance website.

Three projects were awarded grants from the second round of funding. Projects awarded include Animas View Mobile Home Park Co-op, Workforce Apartments at Three Springs, and Westside/Triangle Mobile Home Park. These housing projects feature a mix of rental and mobile home park preservation projects.

The catalyst fund emerged from the 3-Year Workforce Housing Investment Strategy commissioned by the Alliance and published last year in partnership with a team of housing consultants. 

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_____________________________________________________________________________

City of Durango logoMedia Contact
Sarah Tober
Deputy Director, La Plata Economic Development Alliance 
Phone: (512)- 758- 9571
Email: sarah@yeslpc.com 


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