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Arctaris invests $19.5M in affordable Colorado Springs housing via Opportunity Zone partnership.
Arctaris Impact Investors has invested $19.5 million in preferred equity for Solace at Cimarron Hills, a 234-unit affordable multifamily property in Colorado Springs, Colorado, through an Opportunity Zone partnership with Jackson Dearborn Partners.
The project serves households earning 80% to 100% of the area’s median income and aims to preserve affordability, support jobs, and drive economic growth in a region with strong employment in defense, aerospace, and tech sectors.
The investment is part of Arctaris’s ongoing strategy to fund affordable housing and community development in underserved areas across the U.S.
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Arctaris invierte $19.5 millones en viviendas asequibles de Colorado Springs a través de la asociación de la Zona de Oportunidades.