Colorado

Pinon Apartments | Cortez, CO

Loan Amount: $997,544

Developer: Blueline Property Management, LLC

The Pinon Apartments is a proposed 42-unit multifamily development providing 42 affordable housing units (100% of total) restricted to tenants with household incomes not exceeding 30% of the area median income, featuring a mix of one, two, and three-bedroom units in a three-story garden-style building. It targets individuals and families who were formerly homeless, with many residents being tribal members from the Ute Mountain Ute Tribe, offering tailored supportive services such as medical access, case management, vocational training, and substance abuse counseling. The property is unique for its cultural sensitivity, including an inner courtyard with a large circular fire pit for ceremonial gatherings.

Units: 42