The financing covers critical horizontal development, including a surface water treatment plant, sewer infrastructure, and necessary improvements to Highway 82 overseen by the Colorado Department of Transportation. By securing a Rural Targeted Employment Area designation, the project allows investors to enter at the $800,000 threshold while benefiting from priority I-526E petition processing and access to reserved rural visa quotas.
Civitas Capital Secures $44 Million Loan for Colorado Housing Project
A $44 million senior loan will bankroll the initial infrastructure phase of Harvest Village, a master-planned community in Garfield County. The project, designed to add 452 housing units to the high-demand Aspen region, leverages its Rural Targeted Employment Area status to attract EB-5 investment capital ahead of a Q3 2026 construction start.
Civitas Capital Group is partnering with Realty Capital Partners, marking their third collaboration in the region. According to Jeff Kiser, Managing Director and Head of EB-5 Investor Relations, the developer’s track record with previous USCIS-approved projects serves as a key pillar for investor confidence. The development also includes a 52-acre conservation easement, a move intended to preserve local open space amid a market where the housing shortfall is projected to exceed 7,500 units by 2035.
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