El Paso County Multifamily Mortgage Bond Program
Since 1983, El Paso County has financed the development of approximately 2,000 units of multifamily housing through the issuance of tax-exempt bonds. These projects have all been newly constructed by developers who, in return for a lower interest rate on the loans and potential tax credits, set aside some or all of their units for County residents of low- to moderate-income. While some of these projects are no longer subject to these restrictions, the following developments still provide some of their units for affordable housing pursuant to County guidelines.
Apartment Developments with Affordable Units
Briarglen Apartments
Cottonwood Terrace Apartments
Lynmar Apartments
Constitution Square Apartments
West Meadow Peaks Apartments
Stetson Meadows Apartments