COLORADO SPRINGS — Wednesday, February 3 is the last day for folks living in Colorado Springs to share feedback on the draft 2021 Action Plan, which outlines how the city will spend $5 million in federal funding.
The funding will support affordable housing, homelessness prevention, economic development, non-profit assistance and neighborhood improvements for low-income populations.
You can review the draft and submit your feedback here: https://coloradosprings.gov/cosaction2021.
The need for affordable housing is especially great in Colorado Springs since the demand for housing is high.
According to the regional building department, January 2021 set a record for building permits for the month of January. More than 550 for single family homes were submitted to regional building last month, a 55% percent increase from January 2020. As more and more people move to the pikes peak region, regional building says that they don't expect demand to go down any time soon.
"People are just wanting to either build a new home if their moving here from out of state, or they're wanting a better or bigger home if they're already living here. So, the demand is certainly there," said Greg Dingrando, spokesperson for the Regional Building Department.
The city receives approximately $5 million in federal funding a year to support affordable housing among other housing needs.
Back in early December, more than 1,200 residents chimed in on how to spend these funds, and those ideas were incorporated into this draft action plan.
Wednesday is the last day for public comment before council votes on the plan on Tuesday, February 9.