Sprouttinyhomes: Sprout Closes $4.5 Million Loan on First Zero Energy Ready Home Development in Pueblo, Colorado

Pueblo, CO, Nov. 22, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Sprout Tiny Homes, Inc. (OTC:STHI), an industry leader and award-winning designer, manufacturer, and developer of state-of-the-art Zero Energy Ready Homes, announced today that it closed a land development loan on North Vista Highlands, its much anticipated first Zero Energy Ready Home development. Earlier this year, Sprout acquired the 54-acre parcel and obtained permitting and site plan approval for Phase 1A, consisting of 162 lots to begin the massive multiphase development in Pueblo, Colorado. North Vista Highlands (NorthVistaHighlands.com) consists of 1,060 acres and is approved for up to 4,850 residential units and 1,225,000 sq. ft. of retail and commercial space. It is anticipated that construction of the first Zero Energy Ready Homes will begin in February 2020. Sprout has received significant recognition and support from strategic partners in finance, industry, and government that are forward-looking to Sprout to capitalize on the $600+ billion new residential housing market ...Full story available on Benzinga.com