Oak Street Rentals Project digs into State funding

roscoe@studiokind.comnews

We are excited to share that our River Walk Rental Project in Ouray (sketch drawings below – which were recently approved by the Ouray Planning Commission of this 13 unit affordable rental project) received a full funding request from the State’s More Housing Now initiative, of $297,450 – whoop!

The funding, through the Department of Local Affairs (DOLA), will be applied to our rental project in three ways:

Water/Sewer Tap Fees: $195,000
Building Permit Fees: $43,750
Construction Document Creation: $58,700

Please join us in sending big thanks to the City of Ouray for their assistance on securing this funding: to Silas Clarke for assisting in writing the application and Ethan Funk for helping to present the application to DOLA in their grant application session in Manitou Springs.

Learn more about the More Housing Now Initiative.