Note from CRHDC Executive Director Al Gold:
In 2006, we marked the 35th anniversary of CRHDC. Congratulations to the Board of Directors, staff, and partners. I thank them for their commitment and hard work in moving this corporation to such a high level.
During the past 35 years, we have traveled many roads and have been blessed to find the path that has led us to where we are today. Together with our partners, we have touched and changed the lives of thousands of families, we have created wealth and financial stability for them, and we have created stable and vibrant neighborhoods in distressed markets.
We have made a difference!
Al Gold
Executive Director
a few words about us
Colorado Rural Housing Development Corporation (CRHDC) - a Colorado NeighborWorks Organization Our mission is to create innovative approaches in providing safe and affordable housing to low- to moderate-income families in Colorado through technical assistance, property development, financing, and education.
Since 1971, we have promoted affordable housing for migrants, seasonal farm workers, and low- to moderate-income families across Colorado. Our vision and commitment to housing have grown the organization from a one-county, storefront operation into a multi-faceted corporation serving more than 40 counties and thousands of families. We serve urban communities as well through an affiliate corporation, Colorado Housing Enterprises (CHE).
CRHDC is a member of the NeighborWorks America network, a nationwide network of community development organizations working in nearly 2,700 communities across the United States. In the last five years alone, NeighborWorks organizations have generated more than $8.5 billion in reinvestment, and have helped more than 500,000 families of modest means purchase new homes or improve their existing homes. NeighborWorks organizations also assist families in securing safe and comfortable rental or mutual housing.
Who We Serve
At CRHDC, we work with low-to-moderate income individuals.
In 2000, the National Economic Council released a study showing that 69 percent of those earning minimum wage are adults. These adults often are struggling to provide for their families. This situation makes it difficult for people in Colorado to purchase a home, or live in a decent, stable community.
According to the National Low Income Housing Coalition, a minimum wage worker would have to work 129 hours per week to afford a modest two bedroom apartment, at a fair market rate. This situation requires that low income families spend at least 30 percent of their income on housing.
Colorado Rural Housing Development Corporation is a 501 (c)(3) Non Profit Organization