Affordable Housing

Modular builder Nashua Builders recently began construction on the first phase of Spring Creek Apartments, an affordable housing development being built in Gypsum, Colo., 25 miles west of Vail. Edwards-based Polar Star Development, doing business as Spring Creek Apartment LLC, is the developer and management company for the project. This first …

Urban Land Conservancy (ULC) is finalizing plans for a 58 home development that includes market-rate and affordable for-sale townhomes in a mixed-income community. To ensure permanent affordability, the land will be held in a 99-year community land trust in partnership with ULC’s affiliate, Elevation Community Land Trust (ECLT), ensuring the …

The Urban Land Conservancy (ULC), a Denver-based real estate nonprofit, has completed the purchase of two adjacent properties totaling 5.5 acres at the Westminster Station. These acquisitions are known as the Westminster Station Transit Oriented Development, and were acquired using the Metro Denver Impact Facility (MDIF). The site is located …

The Loveland Housing Authority (LHA) has selected Pinkard Construction Company as construction manager/general contractor to continue construction on phase two of the Edge Apartment Community in Loveland. Pinkard will work with OZ Architecture to construct the 68,000-square-foot complex. It will consist of 69 units in four three-story walk-up buildings as well as a …

Peoria Crossing, Aurora Housing Authority’s newest affordable housing development, located at 30th Avenue and Peoria Street in Aurora, is now complete and will open its doors to the first of many residents on Friday, October 4. Peoria Crossing added 82-units of affordable housing to the Morris Heights neighborhood. The transit-oriented development aims to connect people …

Aurora Housing Authority(AHA) announced that Village at Westerly Creek 3 (VWC3), located at 10827 E Kentucky Ave in Aurora, was recently named 2019 Readers’ Choice Award Winner for Best Public Housing Redevelopment Project by Affordable Housing Finance Magazine. The award recognizes developments based on innovation, impact, and creative problem-solving. “It is an honor …

This week, Mayor Michael B. Hancock submitted his 2020 spending plan to Denver City Council, a $1.49 billion budget that reflects years of fiscal strength, protects Denver’s prosperity and prepares the city as the economy begins to show signs of moderating. “The people’s priorities are clear, and this budget proposal …

Construction is officially complete on the Tammen Hall historic redevelopment project located on the Saint Joseph Hospital campus in Denver’s City Park West neighborhood. In the midst of Denver’s affordable housing crisis, the project delivers 49 rental apartments for seniors 62 years of age and older who earn 60 percent …

Village at Westerly Creek 3, an Aurora Housing Authority (AHA) development, has been named the winner of the Novogradac Journal of Tax Credits Development of Distinction Award in the Family Housing category. The award will be presented on October 4 at the 2019 Novogradac Credit and Bond Financing for Affordable Housing Conference in New …

Katerra, a technology-driven construction company, broke ground earlier this month on Cirrus, the company’s latest project alongside developer UDR. Cirrus is a 230,000-square-foot residential development featuring 292 apartments on a 2-acre lot west of Mile High Stadium at 1590 Grove Street in Denver. Cirrus will help address Denver’s continued affordable housing shortage crisis. …