Affordable HousingBrokerageDevelopment

Site within a Denver Opportunity Zone Sells to Affordable Housing Developer

Denver-based non-profit Brothers Redevelopment Inc. has purchased a 0.25 acre parcel of land at 4401 Josephine St, located in Denver’s Elyria-Swansea neighborhood, for $720,000. Brothers plans to develop affordable housing in the rapidly redeveloping neighborhood. 4401 Josephine St is a parcel of land zoned U-RH-3A within an opportunity zone. The property is …

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Affordable HousingArchitectureConstructionDevelopment

Construction of $55M Workforce Housing Community Begins in Westminster

Denver-based St. Charles Town Company, LLC has closed on financing to construct St. Mark Village, a 216-unit workforce housing community on 97th Avenue and Federal Boulevard in the City of Westminster. The community will replace a vacant lot that is adjacent to the long-serving and much beloved Wishbone Restaurant. Construction has …

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Affordable HousingDevelopmentFeatureQ&A

Q&A with Dontae Latson, CEO of Rocky Mountain Communities

Dontae Latson joined Rocky Mountain Communities (RMC) as the chief executive officer in July 2019. Dontae is a servant leader with more than 20 years of experience and 15 years as an executive leader in the human services arena. Founded in 1992, RMC owns and operates 1,032 affordable apartments throughout Colorado, …

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Affordable HousingCondominiumDevelopment

Denver City Council Approves Two Affordable Housing Projects

The Denver City Council recently approved a pair of affordable housing contracts that will help establish 204 income-restricted homes for low and moderate-income households in the Lincoln Park and Capitol Hill neighborhoods. Loans totaling $5,175,000 have been approved for the La Tela and Olin Apartments projects, which will support affordable …

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Affordable HousingConstructionDevelopmentMultifamily

Affordable Housing in Vail Valley Begins Construction

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 …

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Affordable HousingDevelopmentEnergy

Affordable, Net-Zero Townhomes Planned for Westminster

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 …

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Affordable HousingDevelopmentTransit

Urban Land Conservancy Secures Land for Affordable Housing in Westminster

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 …

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Affordable HousingArchitectureConstructionDevelopmentMultifamily

Pinkard Construction Awarded Phase Two of the Edge Residential Community in Loveland

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 …

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Affordable HousingMultifamilyTransit

New Affordable Housing Development to Welcome New Residents

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 …

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Affordable HousingAwardsDevelopmentSenior Housing

Village at Westerly Creek 3 Named Best Public Housing Redevelopment Project

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 …

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