Housing & Energy in Boulder County

 

Housing & Energy in Boulder County

Learn about how to get help with housing and energy for your family.

Featured Programs

Affordable Rentals

Apartment units are located throughout Boulder County at less than market rate. Find out what’s available and how to apply.

Housing & Community Education

We are a HUD-approved housing counseling agency that provides individual counseling on budgeting, credit, foreclosureprevention, reverse mortgages and first-time home purchases. Find out about individual counseling and classes.

Housing Developments

Two housing developments are available for seniors and families. Find out more about Josephine Commons and the Paradigm Project.

 

 

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Get Involved

 

Get Involved

Sharing the expertise of our residents and visitors with those in the community who need an extra hand, or an opportunity to succeed is one of the best ways to help the community. Boulder County volunteer, intern, and mentor opportunities may be just what you’re looking for to give back to your community.

Featured Programs

Teen Mentoring Program

Teen Mentoring Program

Many juveniles who become involved in the justice system come from difficult family situations and/or have suffered traumas, in addition to facing the added challenge of negative peer influences. The mentoring program matches adults and juveniles one-on-one to provide the youth with enduring links to positive supports in the community.

Community Immigrant Programs

Community Immigrant Programs

The collaborative programs advocate for newly-arrived immigrants living and working in Boulder County.

Volunteer & Unpaid Internships

Volunteer & Unpaid Internships

One-time and ongoing volunteer opportunities are available in many of the Boulder County departments. Additionally, many departments offer unpaid internships to those currently working toward

 

www.BoulderCounty.Gov

John Marcotte

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Financial & Transportation Assistance in Boulder County

 

Financial & Transportation Assistance in Boulder County

Boulder County works to support healthy communities that strengthen individuals and families while promoting human dignity and hope for the future.

Featured Programs

Colorado Works/Temporary Aid to Needy Families

Colorado Works/Temporary Assistance to Needy Families (TANF) is a federal program that provides cash assistance to needy families with dependent children. Find out more about income limits and how to apply.

Food Assistance

Food Assistance (FA) or Supplemental Nutrition Assistance Program (SNAP), assists individuals or families with a portion of their monthly food costs. Find out about eligibility, income limits, and how to apply.

Mobility For All

Boulder County’s Mobility for All program provides transit support and other types of transportation assistance to help low income individuals get to their jobs, job training, job interviews or schools.

 

 

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Disease Prevention

 

Disease Prevention

Boulder County Public Health works to prevent the spread of contagious diseases and to contain outbreaks.

Featured Programs

doctor giving a baby a well checkup

Immunizations (Vaccinations)

Parents can protect their children and themselves against 14 vaccine-preventable diseases by scheduling regular visits with their healthcare provider. Public Health provides regular clinics and information about vaccine safety and vaccine schedules.

skunk with his tail in the air

Animal-Borne Disease

The Boulder County Public Health (BCPH) Vector Control Program aims to prevent the spread ofdisease from vectors (animals) to humans including information about rabies, West Nile virus, Plague, and Hantavirus.

hand holding out a condom

HIV/STI Prevention

Rapid HIV testing and counseling, Hepatitis C testing and counseling, and syringe exchange and harm reduction services.

 

Courtesy of BoulderCounty.gov

 

 

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Cultural & Educational Services

Cultural & Educational Services

Many parks, trails, museums and open space areas are closed. Please check individual property pages for more information.

We work hard to protect, restore and interpret our cultural and natural resources for the education and enjoyment of current and future generations.

Featured

Field Trip & Program Requests

Field Trip & Program Requests

We offer a variety of free programs for your group or class.

Nature Detectives Kids Club

Nature Detectives Kids Club

Kids eleven years and younger are invited to join the Nature Detectives, an interactive and engaging way to foster children’s appreciation of nature.

Hard Rock Mining Tour

Hard Rock Mining Tour

Explore the fascinating history of hard rock mining in the county through historic photos, present-day photos, vide

 

 

 

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Boulder homeless housing on tap

 

Boulder homeless housing on tap

Ground will be broken on Wednesday on this energy-efficient homeless housing development in Boulder.

Ground will be broken on Wednesday on this energy-efficient homeless housing development in Boulder.

Boulder Housing Partners  will break ground on Boulder’s first permanent supportive housing development for the chronically homeless at noon on Wednesday.The 31-unit apartment community will provide permanent homes and supportive services for homeless individuals to help them achieve long-term stability and self-reliance.

The $7.6 million development, which follows the national Housing Firstmodel, will increase the number of permanent housing units available to Boulder residents who have suffered from chronic homelessness, a critical component of Boulder’s 10 year plan to end homelessness.

“The recent flood event reminds us all about the significance of a stable home, and how fragile the line can be between being housed and being homeless,” said Betsey Martens, executive director of BHP. “We are excited to have arrived at this day when it’s time to put a shovel in the ground and begin to create a permanent and safe home for people who’ve not had one for a very long time. We are grateful to the community for an engaged and vigorous dialog that resulted in support for 1175 Lee Hill.”

The development will be  at 1175 Lee Hill Drive in North Boulder, at the intersection of Lee Hill Drive and Broadway. The two-story, multifamily apartment building will offer 31 one-bedroom, fully-furnished units. Residents will also have access to a variety of indoor and outdoor community spaces, laundry facilities and a community room for classes and social events. The general contractor is Denueve Construction and it is being designed by Humphries Poli Architects.

Each resident will be assigned a case manager whose role is to assist them in obtaining available community services such as federal income benefits, medical care, counseling, and job training.  BHP will contract with the Boulder Shelter for the Homeless to provide on-site case managers for the residents of 1175 Lee Hill.

BHP is a national leader in sustainable affordable housing development.  Accordingly, 1175 Lee Hill is designed to be 30 percent more energy efficient than city code. A 56 kW solar array will be installed on the roof, offsetting 100 percent of the common area electricity demand.  It will integrate a variety of energy efficiency and sustainable features which will contribute to a low-maintenance, comfortable and healthy living environment.

Prospective tenants are eligible to apply if they are an unaccompanied homeless individual with a disabling condition who has either been continuously homeless for a year or more, or has had at least four episodes of homelessness in the past three years.

Financing sources for the development include:

  • Boulder County;
  • Colorado Division of Housing;
  • City of Boulder;
  • Fannie Mae;
  • And the Colorado Housing and Finance Authority.

Interested parties can register for project updates and join an interest list at: http://www.boulderhousing.org/LeeHill

 

 

John Marcotte

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Ravenna’s vision remains

 

Ravenna’s vision remains

Ravenna

Ravenna

When Glenn Jacks first unveiled the 634-acre Ravenna luxury housing community near Waterton Canyon in Douglas County, he had this to say about the development with giant red rock outcroppings giving it a postcard worthy rugged beauty: “The big thing is that we can’t mess it up.”

That was in 2005.

At first, the rich were lining up to often spend $500,000 or more to buy lots at Ravenna, which takes its name from an Italian city that served as the capital of the Western Roman Empire 1,600 years ago.

“From 2006 to 2007 things were going great and we were selling beyond our pro forma pricing,” said Jacks, whose River Canyon Real EstateInvestments LLC was the developer.

Then the Great Recession hit.

“We felt the pain,” Jacks said. “Denver was no different from any other place in the country. It was a miserable time.”

After sales that came to a virtual halt, Jacks, limited liability company filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code for the 243-lot community.

The bankruptcy filing listed $19.7 million in assets and $45.3 million in liabilities.

Earlier this year, the Gold Club at Ravenna emerged from bankruptcy, with Jacks still in charge of the community.

Last week, officials reported that in the past month more than 30 lots have been reserved and two homes have closed.

Lot prices drop

Lots now are priced from $200,000, a fraction of the original listing prices.

“Custom homes are in high demand and the market is steadily gaining momentum, especially in Colorado,” said Dale Schossow, of Fuller Sotheby’s International Realty, the listing brokerage firm.

Ravenna includes an 18-hole championship golf course designed by Jay Morrish.

“With most of Denver’s golf course communities already built out, Ravenna’s land appeals to buyers looking to build their very own dream home.”

Jacks said prospective buyers are coming from Evergreen, Genesee, “and other foothill communities,” as well as nearby Ken Caryl Ranch.

“We’re even getting some people who are living in Cherry Creek North or downtown, and want to trade urban living for the true Colorado experience, but still being close to all the amenities downtown,” Jacks said.

Golf Club at Ravenna

Golf Club at Ravenna

S. Robert August, who initially marketed Ravenna for Jacks, said the land is gorgeous.

“It’s a remarkable piece of land,” August said. “The property is beautiful. It’s one of the nicest sites you will find anywhere in the U.S.”

Full article here

 

 

John Marcotte

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RE/MAX stock soars another 12%

 

RE/MAX stock soars another 12%

The trend continues.

Denver-based RE/MAX has been trading on the New York Stock Exchangefor two days and both days it has been the second biggest percentage gainer on the NYSE.

It went public at $22, higher than the expected $19 to $21 per share. RE/MAX issued 10 million shares, raising $220 million.

On Wednesday, it closed at $27, a 22.7 percent first-day gain.

Today, it gained another $3.21, for an 11.89 percent jump, on a day that the S&P 500 and the Down Jones Industrial Average each fell 0.9 percent.

Since the franchise real estate company started trading, it has gained 37.3 percent. Some 2.45 million shares traded today. It traded as high as $31.08 today.

Not everyone is a fan of the stock, which trades under the symbol RMAX.

CNBC commentator Jim Cramer called it a “sell.”

Given the state of the economy, a falling equities market, and  a potential debt default that could be a disaster for the real estate market, Cramer was baffled why the IPO of RE/MAX went so well.

Cramer said he would prefer to avoid investing in a newly publicly tradedcompany at this time, or in the real estate sector. RE/MAX, of course, is both. Cramer said he feels he is one of the few who is properly factoring in the potential downside to the shares of RE/MAX.

RE/MAX was founded in Denver in 1973 by Dave and Gail Liniger. They remain the largest shareholders, owning 61 percent.

Read entire article here 

 

John Marcotte

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Wells Fargo expects to make fewer U.S. home loans this quarter

Wells Fargo expects to make fewer U.S. home loans this quarter

A Wells Fargo sign is seen outside a banking branch in New York July 13, 2012. REUTERS/Shannon Stapleton

By Peter Rudegeair

Mon Sep 9, 2013 11:17am EDT

(Reuters) – Wells Fargo & Co, the largest U.S. mortgage lender, expects to make 30 percent fewer home loans this quarter due to rising interest rates, its financial chief said on Monday.

The expected decline underscores how rising U.S. mortgage rates are cutting in to banks’ profit. Wells Fargo’s shares were down 1.2 percent at $40.94 on Monday morning.

The fourth-largest U.S. bank estimates it will make $80 billion of home loans in the third quarter compared with the $112 billion it made in the second quarter, Chief Financial Officer Tim Sloan said at a conference hosted by Barclays Plc in New York.

That would mark the first quarter since mid-2011 that Wells Fargo did not make at least $100 billion in home loans.

Customers’ demand for refinancing their home loans has fallen 63 percent from the peak in early May, according to the Mortgage Bankers Association refinance index.

As mortgage revenue declines, the bank is cutting costs in the business, a process that usually takes one to two quarters, Sloan said. On August 21, the bank announced it would lay off 2,300 employees in its mortgage unit as higher interest rates were causing refinancing activity to slow.

The San Francisco-based bank made more than one of every five U.S. home loans in the second quarter and collected payments on nearly as many, according to Inside Mortgage Finance, an industry publication.

Wells Fargo believes its profitability is not solely tied to the mortgage lending business. The bank boosted its earnings per share in each of the previous 14 quarters, and in six of them mortgage origination revenue declined, Sloan said.

Gains elsewhere at Wells Fargo could help offset the declines in mortgage income. The bank expects to release more in loss reserves than the $500 million it released in the second quarter, thanks to improved credit performance, Sloan said.

(Editing by Matthew Lewis)

 

 

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Boulder Neighborhood Guide: Gunbarrel

 

Boulder Neighborhood Guide: Gunbarrel

gunbarrel

Gunbarrel, named after a historic local stagecoach route, is a neighborhood located northeast of Boulder proper and one of the fastest growing parts of the region. With expanding bike paths, rolling hills and affordable housing, Gunbarrel is beginning to look a lot like home for many people.

History: Gunbarrel came about mainly due to IBM. Before that time, Gunbarrel consisted of farmland. But when IBM’s plant was built in Boulder County in 1965, they needed housing for the many executives and employees that they brought in to work at the new facility. What better place to build than right across the road from the company headquarters? With the new development of houses, it was also decided to move the Boulder Country Club to it’s current location in the heart of Gunbarrel. This area is also home to one of the top advertising agencies in the nation, Crispin Porter + Bogusky, which adds to the area’s population.

Housing: There are two different advanced degree programs located in Gunbarrel, the Boulder College of Massage Therapy and the Southwest Acupuncture College. This means that there is no shortage of rental properties, both condos and townhomes, to be found. And because Gunbarrel is a little further from downtown, many of the rental prices you find here will be cheaper than counterparts in Boulder proper. The same holds true for housing sales. The average price for a single-family home in Gunbarrel is mid-$300′s, significantly lower than Boulder proper, and most homes were built in the 1970′s.

Restaurants and Shopping: Gunbarrel is starting to blossom with a variety of retail options. The many non-retail companies that have been relocating there are to thank for this.  In addition to a major grocery store, there’s a sushi place, a deli, and a couple of coffee shops.  And let’s not forget there is a major hotel currently under construction and set to open in early 2014. With the growth of the area, Gunbarrel will be unrecognizable in five years’ time.

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Family & Fitness: Surrounded by Open Spaces, Gunbarrel boasts many opportunities to enjoy the outdoors. There is the Boulder Reservoir, right across Diagonal Highway, and home to many events including races, festivals, and leisurely summertime picnics. Hop on a bicycle to hit the trails that head west into Boulder or go to the east, making a path out to Longmont. If that’s not enough activity for you, there’s the golf course or Twin Lakes Open Space to quench your thirst for fitness.

Schools: Heatherwood Elementary, Platt Junior High, Boulder High

Quirks: With a massage school and an acupuncture school located in Gunbarrel, you have all your alternative healing practitioners within walking distance. Additionally, Celestial Seasonings has their tea operations based in Gunbarrel. So if you have a thing for their peppermint room or just can’t get enough of the Zinger blend, then this neighborhood might be your cup of tea.

Major Street Boundaries: Hwy 119 (the Diagonal) on the west, Jay Rd on the south and 75th on the east

Gunbarrel provides the best of both worlds…living close to Boulder without any of the traffic, parking or real estate prices. You get a Boulder zip code without any of the pretense. Some may scoff at the neighborhood but with more and more happening in Gunbarrel, they won’t be laughing for long.

www.YourBoulder.com

 

 

John Marcotte

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