Neighborhood Stabilization Program

City of Aurora Fact Sheet

Neighborhood Stabilization Program (NSP)  

The City of Aurora is buying, rehabilitating and re-selling foreclosed properties to income eligible homebuyers in Aurora. 

• All homes will be completely renovated and energy efficient with all new bathroom and kitchen upgrades with energy efficient appliances, new xeriscape landscaping and sprinkler systems. Finished homes will require very little maintenance.
• While most homes are located near the East End Arts District, the program will eventually offer homes throughout the City.
• Properties can ONLY be shown to those homebuyers who have been pre-qualified for the program by the Community Development staff. Household income for eligible buyers cannot exceed 120% of the area median income. (Community Development staff will help interested buyers to determine income eligibility). City staff will also assist homebuyers in determining the amount of subsidy they are eligible for, will refer buyers to participating lenders, and will hold Homebuyer Seminars to assist with required program training.
• To obtain an application for the program contact Metro Home Finders, Inc.

Margie Nokes (303) 898-6399.

For more information please contact the City of Aurora Community Development Division at

 www.auroragov.org/AuroraGov/Departments/Neighborhood_Services/Community_Development

SOLD! – 1420 Dayton Street

Artists, move to the East End!

Did you miss the opportunity to own a home or property in Lodo, Santa Fe Arts District, Rino and the Golden Triangle? Don’t make the same mistake in the East End Arts District. On June 12th, at our Summer Art Walk, the east end arts district, in collaboration with the city of Aurora and Thriving Artist Alliance, artists will be able to see how easy it is to relocate to the East End Arts District. Find out about federal and city programs designed to assist you in buying a house. Meet realtors from Thriving Artists who know about your needs and Lenders that understand how artists make money. Stop by the booths at the Martin Luther King Library on June 12^th from 5-9 p.m to find out about the following:

• Aurora Down payment assistance programs (HOAP)
• Aurora Neighborhood Stabilization Program (NSP) $4.5 million for buying, renovating and selling HUD Homes.
• Aurora Single Family Rehabilitation Loan Programion Loan Progr
• $8,000 tax credit for first time home buyers that can now be used for down payment and closing costs
• Arts District Revolving Loan Fund (arts businesses)
• Aurora Commercial Renovation Program
• The “opportunity triangle” between Stapleton, Lowery and Fitzsimmons
• East End Arts District Membership

Now is a great time to buy a home! Prices and interest rates are down and the government will pay your down payment and closing costs! Don’t miss this great opportunity.

House for Sale in Art District

Cornerstone Equity, LLC – Arts Spaces Available

Development in Aurora, Colorado is growing rapidly! It is fueled by a combination of factors; including the Lowry development, Anschutz C.U. Medical Campus and the Stapleton development. It is convenient to Downtown Denver and has immediate access to D.I.A., I-225, I-270, C470 and I-70. Residential developments continue to provide housing for the third largest city in Colorado.  Some of the properties are in the heart of the East End Arts District, a budding arts community filled with galleries, arts organizations, studios and arts related business. These are great opportunities for creatives who are interested in building an arts community. 

Coming Soon!
Live and Work Space for artists.

1532 Galena St. Contact: Doug Adams 720-261-7305

Available Now!  

9640 E. Colfax. 4,700 sq ft. $4,700/month contact Doug Adams 720-261-7305

9975 E. Colfax 2,300 Sq Ft $2,300/month Contact Doug Adams 720-261-7305

1420 Kingston 4,000 Sq Ft $3,000/month contact Doug Adams 720-261-7305

695 Billings St. Rental Price: $975.00 per unit Contact: Doug Adams 720-261-7305

Tags: arts, cornerstone, district, east, end, property, rent, studio

Relocate to Aurora

Are you thinking about joining us in the East End Arts District?
Check out the Aurora Economic Development Council for details
on available properties and city programs.  Click Here