Prop 123 in El Paso County
Since 2023, 31 Prop 123 awards have reached El Paso County, worth about $33.1M here. That is $44 per resident, the 44th highest of Colorado's 64 counties.
Where it is
El Paso County in red, with the rest of the Pikes Peak region shaded.
What the money does here
- Build affordable rentals$15.3M
Low-cost loans and equity for new and preserved rental homes, supportive housing and modular home factories.
- Help families own$1.1M
Homes for sale, down payment help, home repairs and resident-owned mobile home communities.
- Keep people housed$5.7M
Emergency rental assistance, homelessness services, youth housing and tenancy support.
- Plan for future homes$11.0M
Land banking, predevelopment and local planning so communities can build more.
8 of these awards serve several counties. Their dollars, homes and households are split evenly among those counties in the totals above.
Awards reaching El Paso County
Largest first, at their full amount. 2 arrived in the July 2026 data.
- Bristow House (Draper Commons Phase II)Equity · FY26 · Draper Commons Land Holdings$12.8M185 homes
- Bradley Ridge ApartmentsLand Banking Loan · FY25 · Pikes Peak Real Estate Foundation, Inc.$4.8M336 homes
- Flats at Sand CreekLand Banking Loan · FY25 · Fairview Housing Partners, LTD.$4.0M144 homes
- Copper Rose ApartmentsLIHTC Gap · FY24 · Copper Rose Apartments LLC$2.5M182 homes
- CERA: El Paso CountyColorado Emergency Rental Assistance (CERA) · FY25$2.3M281 households
- CERA: El Paso CountyColorado Emergency Rental Assistance (CERA) · FY26$1.5M192 households
- Volunteers of America Colorado (FIP)Homelessness Resolution Program (HRP) · FY26 · shared by 5 counties$1.3M80 households
- Emmanual Missionary Baptist Church Affordable HousingPredevelopment (OEDIT) · FY25 · Kingdom Development$750K52 homes
- RMCLT 2025 First TIme Home OwnershipDown Payment Assistance (DPA) · FY26 · Rocky Mountain Community Land Trust (RMCLT)$650K11 homes
- Trinity ApartmentsNewPredevelopment (OEDIT) · FY26 · Pikes Peak Real Estate Foundation, Inc$485K75 homes
- Dignified Housing Village for At-Risk Young AdultsLand Banking Loan · FY24 · We Fortify$470K18 homes
- RMCLT First Time Home Ownership Opportunity ProgramHomeownership · FY25 · Rocky Mountain Community Land Trust (RMCLT)$420K6 homes
Show 19 more awardsShow fewer
- Sugarbowl GroveNewPredevelopment (OEDIT) · FY26 · The Szanton Company/Arrowleaf Development LLC$385K117 homes
- Catholic Charities of Central ColoradoHomelessness Resolution Program (HRP) · FY24 · shared by 10 counties$200K62 households
- Homeward Pikes PeakHomelessness Resolution Program (HRP) · FY24$200K1,566 households
- Mt. Carmel Veterans Service CenterHomelessness Resolution Program (HRP) · FY24 · shared by 7 counties$200K83 households
- The PlaceHomelessness Resolution Program (HRP) · FY24$200K60 households
- Springs Rescue MissionHomelessness Resolution Program (HRP) · FY26$190K3,200 households
- The PLACEYouth Housing Programs (YHS) · FY26$185K9 households
- Catholic Charities of Central ColoradoHomelessness Resolution Program (HRP) · FY25 · shared by 7 counties$180K83 households
- Springs Rescue MissionHomelessness Resolution Program (HRP) · FY25 · shared by 6 counties$180K3,200 households
- Homeward Pikes PeakTenancy Support Services (TSS) · FY26$180K50 households
- The PLACEYouth Housing Programs (YHS) · FY25$169K10 households
- Mt. Carmel Veterans Service CenterHomelessness Resolution Program (HRP) · FY26 · shared by 6 counties$155K77 households
- Mt. Carmel Veterans Service CenterHomelessness Resolution Program (HRP) · FY25 · shared by 7 counties$145K60 households
- Homeward Pikes PeakHomelessness Resolution Program (HRP) · FY26$115K692 households
- The Salvation Army, a California CorporationHomelessness Resolution Program (HRP) · FY26$90K140 households
- The Salvation Army- Family Hope Center Shelter Central COHomelessness Resolution Program (HRP) · FY25 · shared by 10 counties$80K357 households
- The PLACEYouth Housing Programs (YHS) · FY25$54K7 households
- Kingdom Builder's Family Life CenterHomelessness Resolution Program (HRP) · FY25$50K10 households
- Kingdom Builder's Family Life CenterHomelessness Resolution Program (HRP) · FY26$45K10 households
Local promises
These 2 local governments in El Paso County committed to adding 2,320 affordable homes by the end of 2026, so they can use Prop 123 money.
- Colorado SpringsCity2,274 homes
- Manitou SpringsCity46 homes