January 9, 2013

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Color Country Community Housing Closes on Property

Press Release

January 9, 2013

Color Country Community Housing, a local non-profit developer, recently closed on approximately 2.5 acres at the bottom of 400 East, across from the Meadows Assisted Living Center. 

It is investing more than $6 million in developing a project called the Village at Heritage Court that will consist of 56 units of senior housing and will enhance the affordable housing options for seniors in the St. George area. 

This will be the first project of its kind in Southern Utah and will be a beautiful architectural addition to the multifamily market. The project couldn’t have come together without the cooperation of St. George City, Utah Housing Corporation, Zions Bank, the Olene Walker Housing Loan Fund, and the seller.  Each of the partners played an integral role in the process that culminated in the Village at Heritage Court.  Neil Walter with NAI Utah Southern Region represented both, Color Country Community Housing and the seller, Grandview Mobile Home Estates, in the transaction.

Color Country Community Housing is a non-profit housing developer based in St. George that specializes in developing affordable housing options.  It has a vision of eliminating homelessness in its service area by providing safe, decent affordable housing opportunities for all who are in need.

For more information about Heritage court or Color Country Community Housing, visit www.ccchi.net.

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