The RHA has received a grant of nearly $1 million from the Durango Industrial Development Foundation to create a low-interest evolving loan fund to support local workforce housing initiatives. The Alliance will administer the fund, and is starting the application process for the Housing Catalyst Revolving Loan Program in late spring of this year.
The positive impact of the Alliance can be felt across La Plata County; whether within workforce development, housing, or broader, the Alliance is vital to our community. Our assets and efforts have increased significantly over the past few years. This growth is proof of the direction the Alliance is taking. We have doubled down both literally and figuratively on our primary objectives. The result was a tremendous amount of progress and programming and an even stronger commitment to our stated priorities
We are honored to have received this recognition and accept this award on behalf of our membership and board.
Durango Local News Network Reports: The City of Durango plans to contribute $250,000 to the Housing Catalyst Fund to support housing projects in La Plata County, building on previous grants.
The City of Durango has commended the La Plata Economic Development Alliance for the successful implementation of its Housing Catalyst Fund, initially seeded with a generous $250,000 contribution.
