Housing Trust Fund: An Innovative Solution for Housing Needs
The El Paso County Housing Authority was established in 1993 by the Board of County Commissioners to promote suitable living environments for all persons and families. Funding is available through the finite resources of the Housing Trust Fund. No local, state or federal tax dollars are utilized. Funding is available in the form of loans or the direct purchase of services for which no repayment is required, but loans are preferred. Because the Housing Trust Fund is internally self-sustained, it is imperative to revolve the funds so that more residents are assisted in the future.
The El Paso County Housing Authority provides funding to agencies with experience in the design and administration of innovative programs that address the housing needs in El Paso County.
Programs/projects may include, but would not be limited to, the following:
- Development of new, affordable, accessible housing units (high priority)
- Preservation of existing, affordable, accessible housing units (high priority)
- Initial homeownership
- Special needs housing
- Housing Rehabilitation