Great progress being made at Bentley Commons
Great progress is being made on the construction of 168 apartments at Bentley Commons. Bentley Commons is a collaborative project of GPR Properties – Greccio Housing, Partners in Housing and the Rocky Mountain Community Land Trust – and will bring much needed affordable housing to Southeast Colorado Springs.
The 6 new building foundations are complete and, in sequence according to the development plan, each building has the framing, roofs, and windows rapidly being installed.
The first apartment building is slated to be ready for occupancy by April 2025 with each of the others following soon after. The entire project should be complete and occupied by households earning various levels all less than 60% AMI by October 2025.
We are grateful to be working with Palace Construction and many local subcontractors and vendors on this large project. Funding for the project came from partners to include City of Colorado Springs, El Paso County Housing Authority, and the State Division of Housing. The low-income housing tax credit investor is US Bank and the financing is through Colorado Housing and Finance Authority (CHFA).
Updates on the project including video updates, articles, and press releases can be found at https://partnersinhousing.org/bentley-commons-development/
