Exciting News for Colorado:
“Over $202 million dollars will flow to Colorado as a result of the multi-state settlement with the country’s five largest banks to prevent foreclosures and assist those who were improperly foreclosed upon.”
According to the report from Housing Colorado:
- $24 million for supplemental loan-modification programs;
- $18.196 million for affordable housing programs;
- $5.625 million for housing counseling through the state;
- $1.5 million for Colorado Legal Services;
- $750,000 for temporary staffing at the Attorney General’s Office;
- $600,000 for the Colorado Foreclosure Hotline; and,
- $500,000 for marketing and outreach efforts.
RHA in the news:
“Homeless Veterans May Have New Roof”
“In a sign of the times, transitional housing for homeless veterans could be the latest social service to join the campus with the Regional Housing Alliance of La Plata County looking to build a 6,000- to 8,000-square-foot facility on the southwest corner.” …
About Us:
Thanks to the generous contribution of $1.25 million from BP America, together with support from the Division of Local Affairs (DOLA), the Colorado Division of Housing, the La Plata Homes Fund, the Community Development Financial Institution (CDFI) Fund and our community partners, the Regional Housing Alliance (RHA) offers mortgage assistance to La Plata County residents to help reduce the cost of purchasing a home.
About the RHA:
The RHA is a multi-jurisdictional housing authority funded by La Plata County, the City of Durango and the Towns of Bayfield and Ignacio, which leverages local dollars to increase available resources for housing in La Plata County. The RHA’s programs aim to increase resources for housing by filling the gap between what a family can afford and what product is on the market. Our focus is to assist people living within La Plata County who earn less than 125% of Area Median Income ($84,300 for a family of four). read more
