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Developer seeks hotel at Maple, College, an article from the Coloradoan.com, reports that developer Mike Jensen of Keller Williams Realty plans to develop 3.67 acres at the northwest corner of Maple St. and N College Ave. Jensen is talking with several hoteliers and developers about the site. The city and downtown economic groups have long envisioned a full-size hotel downtown to help foster more of a 24/7 atmosphere. Next week, the city and the Downtown Development Authority will meet with potential hotel developers, including Jensen.
http://www.coloradoan.com/article/20090521/BUSINESS/905210349/1046/Developer+seeks+hotel+at+Maple++College
How sweet it might be for fort collins to be back in the hotel business in downtown. that and the business incubator are making old town better and better!
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Big news about to hit the streets today.
Mike Jensen says the ink isn't dry but that a deal is very close to a new hotel to be committed to Old Town Fort Collins!
More as that infomation develops.

And congress also passed an anti-foreclosure bill.
Congress passes anti-foreclosure bill, an article from USAToday.com, reports that yesterday Congress sent the president legislation that encourages banks to reduce foreclosures. The Helping Families Save Their Homes Act was passed by the House with a 367-54 vote, and passed by the Senate with a 91-5 vote. Expanding an existing $300 billion program that encourages lenders to write down an individual's mortgage, the bill would swap out a homeowner's high-interest rate for a 30-year fixed loan backed by the FHA. The bill also expands eligibility.
http://www.usatoday.com/money/economy/housing/2009-05-19-foreclosures_N.htm
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Greeley more then other Northern Colorado areas has seen more foreclosure issues. Due largely to the small high end tech job base Greeley has struggled but is also seeing large recovery in the Lower Price bands.



For more infomation about the $8,000.00 tax credit watch the below Video.
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