$1.6 MILLION, FIVE HOUSE PROJECT WRAPS IN 2023
Grants from DOLA Division of Housing and HUD
KCRD received a $500k HUD Grant, a $225,000 DOLA Division of Housing Grant, and a $306,908 DOLA IHOI Grant to bring in 5 Fading West Development Affordable Homes. These homes were complete in May 2023. Work was complete on garages, driveways, landscaping, sidewalks and fences in Summer 2023.
5 New Affordable Houses Come to Kit Carson!
Four houses comprise 1,216 square feet with 3 bedrooms and 3 bathrooms. The fifth home is 1,600 square feet with 3 bedrooms 2 bathrooms (and is ADA compliant on the first floor).
This drone picture shows the crane that came for two days to set all five homes in February 2023.
Main Street Site - one house becomes two homes!
Park Street Site - one house becomes three homes!
Purchased site/old house for $20,000
Abated asbestos and demolished old home for $39,518
Purchased two Fading West Development, 2-story Modular homes that arrived in January 2023 and were placed on foundations. Renters moved in in June 2023.
Park Street Site - one house becomes three homes!
Park Street Site - one house becomes three homes!
Purchased large residential site for $25,000 (mobile home was removed by owner).
Cleared site for $3,100.
Purchased three Fading West Development, 2-story modular homes that arrived in January 2023 and were placed on foundations. Renters took occupancy in June 2023.
The third home on the Park Street Site
Each house on the Park street site has its own garage, fenced in backyard, and landscaping.
Two vacant sites are now home to five family homes
2014 HUD HOPE VI Main Street Grant - Three AFFORDABLE Homes
508 Park Street
Acquired site with old, uninhabitable mobile home for $10,000
Construction Start: Oct 2015 – Completed Aug 2016
2400 Sq Ft - 4 Bed/3 bath home built for $222,811 ($92.84/sq ft)
408 Main Street
Acquired uninhabitable old house for $30,000
Abated asbestos, demolished home, cleared site for $26,000
Construction Start: Oct 2015 – Completed May 2016
2700 Sq Ft - 4 Bed/3 bath home built for $247,978 ($91.84/sq ft)
403 Park Street
403 Park Street
Acquired old home for $20,000
Construction Start: Dec 2015 – Completed Nov 2016
792 Sq Ft - 2 Bed/1 bath remodeled for $53,109 ($67.06/sq ft)
2010 HUD HOPE VI MAIN STREET GRANT - FIVE AFFORDABLE HOMES
$1 million HUD Grant
KCRD received a $1 million grant and raised $400k in matching funds to build 5 brand new houses. We purchased five abandoned houses/house sites that were in severe disrepair. KCRD then conducted environmental assessments, abated asbestos, and cleared and demolished the old houses. We then built five brand new single family affordable homes that were immediately rented out.
403 Main Street
Acquired abandoned home for $20,000
Environmental study found Asbestos, received a CDPHE Grant for $17,800 to abate. Demolished home with in-kind donation from local farmer.
Construction Start: 11/18/11 – Completed 4/30/12
1416 Sq Ft -3 Bed/2 bath home for $178,735 ($126.23/sq ft)
404 Main Street
Acquired abandoned home for $25,000.
Environmental study found Asbestos, so we received a CDPHE Grant for $17,800 to abate In-kind. Demolished home with in-kind donation from local farmer.
Construction Start: 11/18/11 – Completed 4/30/12
971 Sq Ft - 2 Bed/1 bath home built on site for $126,908 ($130.70/sq ft)
KCRD deeded the home to the Kit Carson School in 2012
403 Church Street
Acquired vacant site for $15,000
In-kind site work from local farmer
Construction Start: 11/18/11 – Completed 4/30/12
1300 Sq Ft - 3 Bed/2 bath home built for $160,660 ($123.58/sq ft)
401 Church Street
Acquired Abandoned House for $25,000
In-kind demo work from local farmer
Construction Start: 7/1/12– Completed Dec 2012
1650 Sq Ft- 3 Bedroom/2 bath home for $179,900 ($109.03/sq ft)
405 Church Street
Half torn down house donated to KCRD - a $7500 value
In-kind site work from local farmer
Construction Start: 7/1/12 – Completed Dec 2012
1712 Sq Ft- 3 Bedroom/2 bath home on site for $193,300 ($112.91/sq ft)