Frequently Asked Questions - Housing Development
Capital Improvements
What is a Neighborhood Strategy Area Designation? What are Capital Improvements? What are the requirements to become a Neighborhood Strategy Area?Q: What is a Neighborhood Strategy Area Designation?
A:
The City of Colorado Springs receives funding from the U. S. Department of Housing and Urban Development (HUD) that is earmarked for activities that benefit low and moderate income persons. Capital Improvements may be made along with neighborhood revitalization projects in Neighborhood Strategy Areas meeting the federal requirements for the funds.
For more information, contact or call 719-385-5912.
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Q: What are Capital Improvements?
A:
Capital improvements include sidewalks, curb & gutters, pedestrian ramps, park & trail development, pedestrian crossing signals, street lighting, and other infrastructure improvements.
For more information, contact or call 719-385-5912.
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Q: What are the requirements to become a Neighborhood Strategy Area?
A:
A neighborhood must first meet the low income guidelines set by the federal government. A minimum of 51% of the residents must have income that is 80% or below the median income for the Colorado Springs area. Additionally, the neighborhood must have an active neighborhood organization.
For more information, contact or call 719-385-5912.
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