Vacant Office Building in Lakewood to be Converted into Affordable Housing for Local Artists
Construction is currently underway on Notable, a 5-story, 218-unit affordable community in Lakewood that will provide artists, teachers and others that serve the community, the ability to live in the area they work. Zocalo Community Development will serve as the developer, general contractor and property manager. The project is reported to …
Attention Homes Project Receives 2020 Eagle Award
STUDIO Architecture was recently presented with a 2020 Eagle Award by Housing Colorado for its affordable housing project for Attention Homes, located at the corner of 15th and Pine Street in Boulder. The project features 40 apartments for homeless youth between the ages of 18-24, a below grade parking structure, support spaces …
Affordable Housing Portfolio Sells in Northern Colorado
Three affordable housing apartment communities in Northern Colorado have sold for $8,650,000, according to Skyler G. Cooper, regional manager of Marcus & Millichap’s Denver office. Together, Centennial Village in Evans, the Camelot Apartments in Greeley, and the Villa 14 Apartments, also in Evans, total 104 units. This was the buyer’s first …
Colorado Provides Property Owners with $23M in Emergency Rental Assistance
Up to $19.65 million in federal CARES Act funding for emergency rental assistance is now available to property owners on behalf of their tenants through the Colorado Department of Local Affairs (DOLA) Division of Housing (DOH). In addition, the division awarded $3.27 million through the Colorado State Housing Board (SHB) for affordable housing …
Pilot Program Launches to Support Sustainability and Affordable Housing
Denver Community Planning and Development (CPD) is launching a pilot program that will incentivize five 100 percent affordable housing projects and five projects that build according to the new Denver Green Code. The pilot was announced at Mayor Michael B. Hancock’s annual State of the City address on Monday. “With …
Affordable Housing Community in Vail Refinanced
Middle creek Village, a 142-unit affordable housing community located in the heart of Vail, has been refinanced. CBRE arranged the $23.52 million financing on behalf of developer Coughlin & Company, in a transaction that closed July 1. Located at 145 Frontage Road West just across from downtown Vail, Middle Creek Village is a deed …
Progress at Veterans Renaissance Apartments Project in Aurora
According to an update from Alliance Construction Solutions, the Veterans Renaissance Apartments project in Aurora is well underway. The project is being developed by Colorado Coalition for the Homeless and designed by Studio Completiva. The Veterans Renaissance Apartments project is an addition to the Fitzsimons Campus, and is located near the new …
Assisted Living/Affordable Housing Project Planned for Arapahoe Square
On March 5, 2020, Christopher Carvell Architects submitted a Site Design and Massing Submittal on behalf of developer, Colorado Coalition for the Homeless, for a nine-story residential development located at 2175 California in downtown Denver’s Arapahoe Square, a site that is currently a surface parking lot. The building will accommodate the Stout Street Recuperative …
Two Residential Projects Planned for Lone Tree
Two new residential projects are planned for Lone Tree at the RTD RidgeGate Station Transit Oriented District (TOD) site, including a market rate apartment complex by Regency Residential and RidgeGate and Lone Tree’s first affordable housing project by Koelbel and Company, which was recently awarded low income housing tax credits …
Workforce Housing Project in Eagle County Receives Funding
Spring Creek Village, an affordable housing project in Gypsum, Colorado, has received funding for the next phase of development, a series of apartments primarily developed by Gerry Flynn of Polar Star Properties. Sharing Connexion Inc, a Denver-based nonprofit, provided a $1.75 million bridge loan under their Real Estate Impact Investments program, …