50 developed as the Forest Service headquarters and leased to them. It was spun off to be managed by a nonprofit created by the city, known as the Natural Resource Development Corporation (NRDC).īetween 20, it was the subject of development including a portion of the ranch on the north side of U.S. The Vanderveer Ranch was purchased by the city in 2004. The parcel behind the discussion has been the subject of intense public interest, and often anxiety, for years. History Preceding the Plan Known as the “South Ark Neighborhood” Almost 700 of those 1,100 new units (or about two-thirds) are needed as rental, and a third needed as for-sale units.” “We need another 1,100 units in the county,” said Almquist speaking about the county’s need. The 2022 Chaffee County Housing Needs Assessment, the first one since the 2016 Housing Needs Assessment that painted a stark picture of how far behind Chaffee County was at that time in addressing its workforce housing situation, reveals that the county is not making much progress. The city is planning to apply for Department of Local Affairs (DOLA) grants for the development, and in coming to the county, is looking for match partners to bolster the grant requests. It would include 400 housing units of workforce housing with 200 of those units envisioned to be designated as deed-restricted (permanently affordable) affordable workforce housing. “We are asking you all today for the financial commitment toward this project in partnership towards getting it done - to find the best possible solutions to this housing crisis in the county,” ” said Salida Community Development Director Bill Almquist.Īlmquist outlined the overarching goal for the development of the South Ark Neighborhood area, formerly known as the Vanderveer Ranch. This can feel like a lot at once, but it does save you money in the long run.The Chaffee Board of County Commissioners (BoCC) received a presentation from the City of Salida during its work session this week that came down to a request for $1 million in infrastructure funding to allow the city to proceed with the development of the South Ark Neighborhood area. Avalanche method: The avalanche debt method focuses on paying off your debts in order of the highest interest rate to the lowest interest rate.Once the smallest debt is paid off, you move to the next smallest debt, then on to the larger ones, and it snowballs from there until you have crossed all payments off of your list. You would do this while simultaneously making minimum payments on other debts. Snowball method: The snowball debt method focuses on paying off your smallest debts first.Saving $5,000 in three months would have the following breakdown of what you must save per unit of time:īefore you can start saving money, you must first pay off your debts. If you want to save $5,000 in three months, you have to mathematically work backward in both your spending and time budgets. When your box of envelopes is either empty or replaced with cash-filled envelopes, you will have saved $5,050 and completed the 100 envelope challenge.īy following these steps and tricks, you could save up to $5,000 in three months. To motivate yourself not to quit the challenge, consider keeping a ledger of your savings either on paper or by using a spreadsheet or a free mobile app. If you use the same box, try putting a divider between the empty and filled envelopes or placing the filled envelopes upside down. You can place the filled and sealed envelopes in the back of the box or in a separate secure location until the 100-day money challenge is complete. For example, if you pull the envelope with the number 50 on it, put $50 inside that envelope and seal it. Whatever number is on the envelope you pick, place that cash value inside. Insert the day’s money amount in the envelope.Try not to cheat and select an envelope with the amount you think that you can safely save that day. Without looking, take an envelope from the box. The idea is to be surprised by the amount you save each day. Shuffle the envelopes in random order.It can be a box, a basket or something else. Choose a container that works easiest for you. Keep them in order for now you will shuffle the order in the fourth step. Coins are fine to use, but they can be a hassle to keep in the envelopes. Use an envelope size that cash bills can easily fit into. Open a separate savings account to manually deposit or use direct deposit to automatically transfer the money during the 100 envelope challenge.Use an online random number generator to pick the daily random numbers that equate to the amount of money to save.Download a 100 envelope challenge printable tracker with the numbers 1 to 100 on them.Instead of using 100 physical envelopes, a more practical way of doing the 100-day money challenge is to do it digitally. Make Your Money Work for You Using Digital Envelopes
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