Location: Center, CO

North 90 Attainable and Workforce Housing Development

Closing: September 22, 2024

Introduction
The Town of Center, Colorado is inviting qualified developers to express their interest in developing attainable/workforce housing on the Town Owned North 90 Parcel. In Phase I we are seeking to explore the construction of roughly 20 - 40 homes, open to both rental and for-sale units. However respondents are welcome to propose larger or multi-phased projects using additional land in the North 90. We look forward to working collaboratively with developers that can assist our community in meeting our housing needs.

Project Goals
The Town is seeking to partner with the Developer to begin defining a feasible project for this parcel which aligns with the community’s housing needs, works within the opportunities and constraints of the site, and partners with local stakeholders to maximize the eligibility for state and federal financing as described above. The Town anticipates that a variety of housing options may be developed on this parcel along with other complimentary uses such as commercial, parks, trails, and other neighborhood amenities.

Importantly, there are very few strict constraints to this project. Our work with the Colorado Housing and Finance Authority’s (CHFA) S.H.I.P Pre-Development Assistance team suggests an initial phase of 30 units on up to 10 acres. However, respondents are welcome to propose an alternative unit count, acreage, or approximate location. Please note, however, that respondents are encouraged to ensure that the proposed development reasonably fits in with the existing character of the Town.

The development is open to for-sale/ownership units, rental units, or any combination. We are seeking to target affordable to workforce housing with a broad AMI range including traditional “affordable” averaging 50% AMI and “attainable” units up to 100% AMI. The following plans and reports will help inform and give prospective Developers a more in-depth understanding of the Town’s demographics and housing challenges.

How to Apply
The Town of Center, Colorado is seeking Letters of Interest and Qualifications from developers for the North 90 Attainable and Workforce Housing Development project. Interested developers should submit a narrative of up to three pages, with the option of sending any additional attachments that would help demonstrate their qualifications, experience, and vision for the project.

Please submit your Letter of Interest and Qualifications electronically to our economic development advisors at Downtown Colorado Inc.:

Kylie Brown, Rural Program Manager
outreach@downtowncoloradoinc.org 

For any questions or further information regarding the Request for Interest and Qualifications, please contact:

Kylie Brown, Rural Program Manager
outreach@downtowncoloradoinc.org
303-587-0697