Innovative Housing Incentive Program
Colorado Office of Economic Development and International Trade (OEDIT)
Description
The Innovative Housing Incentive Program in Colorado helps address the housing shortage by supporting innovative housing manufacturing businesses. It offers a grant covering up to 20% of monthly operating expenses, with a maximum of $350,000 ($450,000 for Tier 1 Just Transition Communities). Additionally, businesses can receive incentives of $1,500 to $6,000 for each unit they manufacture and install in Colorado. The program also includes a factory loan component that will reopen as previous…
The Innovative Housing Incentive Program addresses Colorado’s housing shortage by supporting the development and expansion of innovative housing manufacturing businesses. The program includes a grant and a factory loan mechanism. The grant reimburses up to 20 percent of operating expenses monthl…
Source
Agency
Colorado Office of Economic Development and International Trade (OEDIT)
Key Dates
Opportunity Posted
July 2, 2024
Eligibility
The following categories of applicants are invited to apply:
- For profit organizations other than small businesses
- Small businesses
- Residents of Colorado
Awards & Funding
Total Funding
$40M
Award Ceiling
$450,000
Funding Amount
~$450,000
Links
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