Revitalizing homes in rural Colorado

NeighborWorks Capital recently closed a $500,000 construction line of credit with Total Concept to help ramp up their single-family acquisition/rehab line of business. Working in rural Bent, Crowley, and Otero Counties, Colorado, Total Concept expects to acquire, rehab and sell at least one home per month over the next three years. They’ll serve homebuyers between 80% and 120% AMI and revitalize the aging housing stock of this agricultural area east of Pueblo and Colorado Springs.