In El Paso County, Colorado, we take a holistic approach to economic development. Our office is uniquely tasked with serving an ever-growing region with ever-changing needs. We navigate our dynamic economic landscape with a focused approach, by offering diverse incentives for businesses and leveraging federal and state resources for housing and community development. Our goal is to assist in creating a robust, diversified, economic ecosystem. To learn more about our work, view the sections below.
Location:
Economic Development Department
9 E. Vermijo Ave
Colorado Springs, CO 80903
OUR PROGRAMS
Visit our Business Incentives page to explore business loans, tax credits, and financing opportunities for small and large businesses in the Pikes Peak Region.
Visit our Community Initiatives page to learn about federal grants, contribution projects, and private activity bond programs which benefit El Paso County residents, nonprofits, and local organizations.
Visit our Housing page for information about affordable housing, financial assistance, and resources that support local homeowners and developers.
Upcoming Events
CDBG Application Webinar
Are you interested in applying for Community Development Block Grant (CDBG) funding during our open application cycle? Join a free, insightful webinar to learn more! The webinar will provide a guide to the 2025 CDBG application, key dates, and program expectations. Whether you’re a returning applicant or new to the process, this session is for you. Don’t miss this opportunity to kickstart your 2025 grant season!
Thursday, January 16, 2025
10:00 – 11:30 am or 1:00 – 2:30 pm
Attend virtually via Microsoft Teams
Event Highlights
El Paso County Business Resources Event
On November 12, 2024, Economic Development hosted a free event at the Tri-Lakes Chamber for current and aspiring business owners in El Paso County.
Sara Lobato and Katie Plutz presented the Pikes Peak Enterprise Zone and Business Loan Fund programs on behalf of the County. Partners from the Pikes Peak Workforce Center, Pikes Peak Small Business Development Center, Town of Monument, and the Tri-Lakes Chamber and EDC provided vital resources to support business owners and job seekers.
Special thanks to our economic development partners and local businesses who enrich our region!
Calhan Community Outreach Event
On October 22, 2024, Economic Development hosted a free event at the Calhan Town Hall to highlight community projects and affordable housing resources.
Randi Davis and Luke Houser presented the Community Development Block Grant (CDBG) and Affordable Housing programs on behalf of the County. A guest speaker from Brothers Redevelopment shared how their programs support local housing needs.
Special thanks to the Town of Calhan and Brothers Redevelopment for their collaborative partnership!
Fair Housing Quiz & Housing Trust Fund Webinar
Are you curious about Fair Housing laws and how they impact you? Test your knowledge with a quiz inspired by frequently asked questions about Fair Housing. Take the quiz to see how well you know the rights that protect everyone!
On October 16, Economic Development hosted a Housing Trust Fund (HTF) webinar. The HTF program promotes housing efforts in our community. For more information about the HTF program, visit our website.
Our Work in Action
Preview the featured program highlights from 2024.
The Business Loan Fund, Enterprise Zone Tax Credit opportunities, and educational outreach events support local businesses.
The Community Development Block Grant program recently supported ADA accessibility efforts at Fountain Library with a renovated entryway.
The El Paso County Housing Authority provided a $300,000 Housing Trust Fund load for this multifamily housing development.
Department Accomplishments
Read the infographics below to learn about the positive impact of our programs in 2023.
Helping local businesses and organizations thrive through diverse incentive programs and a business-friendly environment.
Benefitting local residents, nonprofits, and organizations through federal grants, contribution projects, and nonprofit private activity bonds.
Supporting local housing initiatives through EPCHA housing trust funds, private activity bonds, and down payment assistance.
