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Durango looks to buy a hotel and convert it into affordable and transitional housing

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Stasia Lanier
/
KSUT
The city of Durango has been working to purchase the Best Western Inn and Suites on US Highway 160 for conversion into an affordable housing project, and is currently under contract for $7 million.

Access to affordable housing is a growing challenge in most Western towns. Durango is hoping to ease its housing crunch by purchasing a hotel and converting it into apartment units.

If successful, it would be the city's largest affordable housing project ever.

The Best Western Hotel Conversion project would bring 120 units of affordable and transitional housing to Durango. Rents would range from $400 for a studio to $1,100 for a 2-bedroom.

The project could open its doors to residents by 2024. But first, it has to go through a period of due diligence. Durango officials recently approved an extension of that period as evaluations continue on the property.

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Mark Duggan contributed to online production of this story.

This story is part of a Rocky Mountain Community Radio reporting collaboration on affordable housing. It's funded by the Solutions Journalism Network.

Explore more stories in the series.

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