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Archive for October, 2020

Colorado Receives Opportunity Zone Housing Investment from Arctaris Impact

Boston, MA October 29, 2020 Arctaris Impact Investors, LLC (“Arctaris”) announced two Opportunity Zone investments to provide workforce housing for low-income communities in rural Colorado.

Total development cost is estimated at $60 million for these projects, which include a 100-unit workforce housing project in Glenwood Springs, a 96-unit workforce housing project in Grand Junction and a 74-unit glamping campsite also in Grand Junction. The properties address an immediate need for accessible workforce housing as workers in hospitality, healthcare and trades are getting priced out of the area as more affluent populations move to the region.

Read the press release to learn more.

Milken Institute Global Conference: Arctaris Discusses Resilient Infrastructure

Jonathan Tower, Managing Director of Arctaris, discussed infrastructure needs and investment in this Milken Institute panel discussion on October 19, 2020. Jonathan joined fellow panelists including Nan Whaley, Mayor of Dayton Ohio and incoming President of the US Conference of Mayors; Debbie Dingell, US Representative, Michigan; Katherine Perez, Associate Principal, LA Cities Leader, Arup; Philip Washington, CEO, LA Metro; and moderator Margot Brandenburg, Director of Mission Financing, Ford Foundation.

Resilient Infrastructure: Adapting to Turbulent Times from Milken Institute on Vimeo.