Development
The Current reached significant milestones in 2025: the closing of 
the partnership agreement with Red Stone and Monarch (tax credit 
investors); closing on the construction loan with Bank of Colorado; 
completion of the Division of Housing (DOH) grant agreement; and 
reaching carryover with CHFA, which required spending at least 10% 
of the project budget as determined by an independent audit. 
 
GJHA was proud to host a groundbreaking ceremony on October 30, 
2025, that included representatives of CHFA, the Division of Housing, 
Bank of Colorado, local government and business leaders and board 
members and staff.
02
GRAND JUNCTION
HOUSING AUTHORITY
The Current
Members of the GJHA Executive Team celebrating the groundbreaking
for The Current in their Halloween costumes.
Third floor framing taken April 2, 2026
Taken prior to foundation pour on December 10, 2025

View this content as a flipbook by clicking here.