Housing Rehabilitation Program
During Wednesday night's meeting, the Board of Trustees approved a contract with Brothers Redevelopment, Inc. (BRI) to administer a CDBG funded Single-Family Housing Rehabilitation Program.
The Town has committed to future and continued investment throughout Firestone, particularly in its Historic Firestone neighborhood. The Town has sought ways to provide greater access to more affordable housing options, and one way is through stabilizing and preserving existing housing stock. In response, staff has applied for funding for a home repair program for Firestone homeowners that have incomes below the 80 percent area median income, are seniors, or are disabled and reside in the home they own from the Weld County's Community Development Block Grant (CDBG) program.
In anticipation of being awarded funds to provide repair services, staff has sought assistance operating such a program from BRI.
BRI has promoted, developed, and preserved sustainable, affordable housing in Colorado since 1971. They are equipped to address the challenges Firestone faces regarding limited affordable housing options and the desire of an aging population that wants to age in place. In addition, BRI has provided repair programs under the rules and limitations of Community Development Block Grant funding for numerous municipalities in Colorado, including but not limited to Commerce City, Colorado Springs, Arvada, and Brighton.