Two acres on Laporte Avenue secured for future permanently affordable homes
FORT COLLINS — The City of Fort Collins has added two acres to its Affordable Housing Land Bank, strengthening long-term plans to expand permanently affordable housing options in Northern Colorado.
The newly acquired parcel at 1900 Laporte Ave. will be held for future development, allowing the City to secure land now in an escalating real estate market and position it for affordable housing when infrastructure and community growth align.
Through the Affordable Housing Land Bank Program, the City purchases land before development, then sells it to qualified affordable housing developers with restrictions that ensure permanent affordability. The strategy is designed to create stability for residents who may otherwise be priced out of the region…