Garfield County backs tax exemption plan for resident purchase of Cavern Springs park
Garfield County commissioners unanimously supported a tax exemption plan that could cut costs for residents buying Cavern Springs Mobile Home Park.
Key facts
- Garfield County commissioners unanimously approved a letter supporting the Sopris Mountain Collective's request for a special limited partnership with the Garfield County Housing Authority.
- If the housing authority agrees, the park's land could fall under its tax exemption, cutting residents' property taxes by about $55,000 a year.
- Residents of the 98-unit park are under contract to buy it. Closing was targeted for Oct. 20; completion not yet reported.
- The purchase price is about $23 million, and the total cost, with infrastructure repairs, is expected to approach $26 million.
- Residents have pulled together nearly $12 million in grants and forgivable loans, including a $4.5 million Colorado Health Foundation grant.
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Read the original at Post Independent (opens in a new tab)
Source: Garfield County commissioners support tax exemption request for Cavern Springs Mobile Home Park — Post Independent, September 24, 2026. Summary and commentary by RISE Community; read the full story at the source.
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