Latest news with #TamraAllen

Yahoo

2026 Affordable Housing Incentive Program applications to open

GRAND JUNCTION, Colo. (KREX) — On Wednesday, the City of Grand Junction will start accepting Letters of Request (LOR) for the Affordable Housing Incentive Program. The program aims to provide a fiscal incentive for developing affordable housing in the community. Developers interested in being considered for the incentive in 2026 must submit their LOR between June 1 and July 1. The incentive provides that the city will pay on behalf of affordable housing projects, development impact fees like transportation or police, and plant investment fees for city water and sewer services. Designed to lower financial barriers, the city hopes that the incentives will make it more feasible for developers to create affordable housing units for lower-income residents. 'This program is one way the City is actively partnering with the development community to bring more affordable housing units to Grand Junction,' said Community Development Director Tamra Allen. Developers who plan to submit a LOR are encouraged to schedule a pre-submittal meeting with the City's Housing Division for feedback on their application and to ensure they have all of the submission requirements. Projects must ensure long-term affordability, like terms enforced through deed restrictions or land use covenants, to receive the incentive. In 2025, the city approved $200,578 in general funds to support the incentive program. The program assisted Habitat for Humanity Housing Resources of Western Colorado in constructing up to 18 affordable units. 'The Affordable Housing Incentive was designed as a result of the City's adopted Housing Strategy and is one of the many commitments by the City to meaningfully advance the delivery of much needed affordable units to the community,' stated Allen. Individuals can learn more information on the Affordable Housing Incentive Program or other housing initiatives at the city's website at or by emailing housing@ Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.