San Luis Valley Housing Coalition

The mission of the organization (slvhc) is to provide safe and affordable Housing to low/moderate income community members. Slvhc addresses the increasing Housing needs of the San Luis Valley through four programs that it offers: down payment assistance program, home rehabilitation program, high Valley manor apartments, and the casita de la luna apartments.sfoo home rehab: the hdg-funded grant was from 2021-2023 and closed 3 large rehab loans and continued working on loans closed during previous years. The covid supply chain continued to be an issue and slow down progress on closing loans and completing work. Sfoo home rehab program increased income limits from 100% to 120% ami. Down payment assistance (dpa): the hdg-funded grant was from 2021-2022 with a new grant for 2022-2023. Between the two grants we closed 4 loans, two also using our sfoo home rehab program. This time around we were able to help some younger clients purchase a first home and some retired clients purchase a final home. The dpa program increased income limits from 100% to 120% ami. Affordable Housing units: high Valley manor (hvm) and casita de la luna (cdll) apartments: these two complexes provide rent and utility-assisted Housing units to households at or below 80% area median income. All households pay 30% or less of their gross monthly income in Housing costs (rent/utilities) with assistance from usda rural development. Units are 1-bedroom or 2-bedroom options with community space, outdoor space, coin-op laundry rooms, and parking provided. Hvm has reduced-cost cable options available, and tenants pay electric only. Cdll tenants pay for electricity and heat. A site manager and maintenance person are provided for tenant needs. Hvm is a single three-story building that offers 32 rent-assisted units with two of those being ada one-bedroom, three are two-bedroom units, and 27 are one-bedroom units. Cdll is six smaller buildings that offers 27 units rent assisted units with one 2-bedroom and one 1-bedroom ada unit, six 2-bedroom units, and 19 1-bedroom units. These buildings provide Housing to up to 60 individuals in a single year. Slvhc owns and operates hvm and is the general partner and manager for cdll.mobile home park and other Housing units: we purchased a 185 lot mobile home park as a preservation project. We worked with these residents for 6 months prior to the purchase to help them learn their rights similar to what we did the year before with another park. We purchased an abandoned school for adaptive reuse in 2024. We purchased our first single-family home for a rental.