(COLORADO SPRINGS) — Archway Communities (Archway) received a $50,000 grant from the Wells Fargo Foundation for the development of two affordable housing communities in Pueblo.
The grant will create more housing for local residents through a total of 120 units of affordable housing located on two sites: one in Pueblo’s Northside neighborhood and the other in the Belmont neighborhood, on the side of the historic former United Church of Christ.
“We’re grateful for the opportunity to support the Pueblo community through these new affordable housing properties,” said Laura Brudzynski, COO of Archway. “Archway is dedicated to providing supportive services that engage residents and help them identify and reach their goals. This grant from Wells Fargo will go beyond development of these properties to help residents stabilize in their affordable home.”
According to a study conducted by the City of Pueblo’s Housing and Citizen Services, over 9,000 housing units will be needed in Pueblo County over the next decade. Archway, a leading developer in affordable housing, plans to support residents in the county.
The property in Pueblo’s Northside is anticipated to provide up to 96 units of affordable housing, while the property on site of the former church will feature 24 affordable units and the church will be preserved.
“Like the Wells Fargo Foundation, Archway has a longstanding commitment to affordable housing and enriching the lives of Coloradans,” said Wells Fargo Vice President of Philanthropy & Community Impact Kelly Littrell. “Archway’s innovative approach to community development aligns with our mission to invest sustainably into underserved communities.”
Archway said they will conduct strategic community outreach to engage stakeholders and community members to ensure diversity and inclusion while developing these new properties, allowing residents to have input in their own communities.
Every Archway community has onsite supportive services, property management, and maintenance technicians who work collaboratively to meet the needs of each resident.
The grant will serve individuals and families living between 30-80% of the Area Median Income in Pueblo.
