Color
Country Community Housing, a local nonprofit developer, closed on approximately
2.5 acres at the bottom of 400 East in St. George, across from the Meadows
Assisted Living Center, in October. They are investing over $6 million in
developing a project call the Village at Heritage Court that will consist of 56
units of senior housing that will significantly enhance the affordable housing
options for seniors in the St. George area.
This will
be the first project of its kind in Southern Utah and will be a beautiful
architectural addition to the multifamily market. The project couldn’t have
come together without the cooperation of St. George City, Utah Housing
Corporation, Zions Bank, the Olene Walker Housing Loan Fund and the seller. Each
of the partners played an integral role in the process that culminated in plans
for the Village at Heritage Court. Neil Walter with NAI Utah Southern Region
represented both Color Country Community Housing and the seller, Grandview
Mobile Home Estates, in the transaction.
Color
Country Community Housing is a nonprofit housing developer based in St. George
that specializes in developing affordable housing options. They have a vision
of eliminating homelessness in their service area by providing safe, decent
affordable housing opportunities for all who are in need. As the area's only
Community Housing Development Organization (CHDO), CCCH cannot realize this
vision without partnerships with public and private organizations that have the
same vision and passion in solving the affordable housing dilemma in our
communities.
For more
information about Heritage court or Color Country Community Housing, call (435)
673-3131, visit the CCCH office at 139 N. 100 West in St. George or visit their
Web site, www.ccchi.net.