Properties

College Overlook Apartments

College Overlook Apartments, located in La Junta were in desperate need of some TLC. Tri-County Housing & CDC purchased them in 2000 with the intension of creating safe, sanitary, affordable housing for the residents of La Junta and surrounding areas. We immediately went to work on the rehabilitation of the entire complex, and by late 2001, it was completed. With the help of USDA Rural Development, we are able to keep the rents affordable through a rent subsidy program. Judging by the low vacancy rate and the numerous compliments we receive from members of the community as well as tenants, we believe that College Overlook Apartments has been a great success for Tri-County Housing & CDC.

Sunshine Village Apartments

Sunshine Village Apartments, located in Las Animas were built in 1996 and opened in May of 1997.  Due to a down turn in the local ecomony, this complex has experienced vacancies.  Through a strong relationship with the Las Animas Housing Authority and the City of Las Animas, we have managed to decrease the average vacancy rate.  Other agencies that assisted us include Colorado Housing and Finance Authority, Colorado Division of Housing and Neighborworks America.  Thanks to all of these agencies, Sunshine Village Apartments has made great strides in financial stability.

Riverbend Apartments

Riverbend Apartments were opened in April of 1998. Located in Salida, Colorado, this complex addressed a growing need for affordable housing in this mountainous area. The market prices of houses in this area were growing at an alarming rate and the incomes were not keeping pace. Riverbend Apartments offers safe, sanitary, affordable housing with some of the best views you can imagine.

Current Projects

Mountain View, located in La Junta, is a joint project between South East Mental Health Services and TCHCDC.  It will be 15 affordable apartments for the disabled and five market rate apartments.

Asset Management

Asset Management deals with the acquisition, ownership, and administration of properties fitting within the overall mission of the organization. Tri-County Housing & CDC currently owns three properties and is looking at developing another in the future. The asset manager must be aware of any trends in the market and be able to react accordingly so that the property can continue to meet the long-range goals that have been set. The manager must also oversee the long-rang capital improvement plans for each property.

Property Management

Property Management is management of the day-to-day operations of a property. The property manage is responsible for maintaining compliance with all rules and regulations governing each property.