Kirsten Schreiber, CPCH Chair, signed construction loan documents with Charlene Thomas, First Southwest Bank on August 19th, 2024. The loan will allow CPCH to pay contractors' invoices until reimbursement is received from the DOLA (Department of Local Affairs) grant.
Top 10 reasons CPCH wants to celebrate with you today!
Crestone Peak Community Housing (CPCH) is delighted to announce that our
long - awaited project, Living Wisdom Village (LWV) is under construction!
The LWV land, within walking distance of downtown Crestone has been cleared and the excavation contractor is moving dirt and installing utilities, preparing the property for structures to be built.
The construction loan has been secured.
4. LWV’s general contractor, Alcon, is a trusted, experienced contractor with an excellent reputation.
5. Project Manager Akia Tanara is energized and ready to go forward.
6. Akia and the CPCH board members are enthusiastic, positive and gearing up for the hard, rewarding work of overseeing construction of the village.
7. Completion is scheduled for September 2025.
8. Throughout project development and design, CPCH has not wavered from its commitment to build housing for adults 55+ that allows for “aging in place” in a safe, comfortable, affordable community.
9. Rental rates, while not yet firm, will provide affordable housing for a diverse population.
10. Supporters, donors, resident hopefuls, interested individuals near and far, let’s celebrate the initiation of this amazing project that will bring much needed housing to older adults in the Crestone/Baca community.
CPCH Board of Directors
By Crestone Peak Community Housing
with Anya Kaats
Page A-6 • The Crestone Eagle • June, 2024 www.crestoneeagle.org
With six years of planning, CrestonePeak Community Housing (CPCH) will begin construction on Living Wisdom Village — its affordable housing project for seniors. The mission for Living Wisdom Village is to develop housing within walking distance of downtown Crestone for an economically diverse population of people who are 55 and older, and who can live independently. Construction
will begin in early June and is scheduled to be completed by August 2025.
The board encountered multiple delays out of their control, including having to reengage architects and engineers. Initially, it was planning to work with IndieDwell. The board was forced to replan after IndieDwell’s closure in April 2023. CPCH has been working with general contractor Alcon Construction, who put the project out for bid in March 2024. Alcon Construction has worked closely with CPCH to reduce costs without sacrificing quality or sustainability, according to the
board. The Town of Crestone issued a building permit to CPCH and an agreement has been reached on matters related to water and sewer. The CPCH team thanked Mayor Benjamin
Byer and the Board of Trustees for prioritizing the resolution of these outstanding items. Alcon Construction will be engaging temporary skilled laborers to work on the project. See the ad in this issue of The Crestone Eagle for information.