Affordable Housing

BOULDER — KeyBank recently provided $50.4 million in total combined financing for a tax-exempt bond transaction to support the construction of Alexan Diagonal Crossing, a 105-unit garden-style apartment community that is income-restricted for families earning at or below 60 percent AMI in Boulder. Diagonal Crossing broke ground in June 2017 and …

DENVER – A proposal to require affordable housing plans for large projects utilizing height incentives in the Central Platte Valley-Auraria District has been approved by Denver City Council. “Affordable housing remains a primary challenge for many of our residents,” Mayor Michael B. Hancock said. “We’ve made great progress the last …

DENVER – MCSV Holdings I, LLC, a joint venture between Kenneth Monfort of Monfort Companies and Jason Marcotte and Matt Runyon of Summit Capital Venture Group dedicated to the intentional revitalization of downtown Denver, has acquired the Lodo’s Bar and Grill portfolio, including all business operations and real estate. The 4.4-acre portfolio consists of three restaurant …

DENVER – In partnership with Shanahan Development LLC and Elevation Community Land Trust (ECLT), Urban Land Conservancy (ULC) purchased an 18,000-square-foot site located at 801 W. 6th Avenue in Denver’s Santa Fe Arts District for the development of affordable for-sale homes. The $1.8 million acquisition will support a mixed-use development, with …

DENVER — OZ Architecture has been selected by NYC-based Tessler Developer to design a new 14-story building that will feature a mix of for-sale condos and for-rent apartments in LoHi.  Alcott Condo Club will offer an affordable entry point into the housing marketing for first-time home buyers in a highly desirable part …

DENVER — The Atlantis Community Inc. (ACI), a non-profit organization that advocates for people with disabilities, is developing a new TOD community that will cater to Denver’s disabled community. Located two blocks from the Alameda light rail station in the Baker neighborhood of Denver, the Atlantis Apartments will consist of 60 one- and …

LAKEWOOD – In an effort to address metro Denver’s lack of affordable housing, FirstBank, Colorado Health Foundation (CHF), The Denver Foundation (TDF), Colorado Housing and Finance Authority (CHFA) and local nonprofit Urban Land Conservancy (ULC), have launched the Metro Denver Impact Facility (MDIF). This revolving loan capital will grow to …

FORT COLLINS – The DMA Plaza apartment complex, located at 300 Remington Street, that provides low income-affordable housing to seniors in Fort Collins, recently launched its new renovation project with a Wall Breaking Ceremony. DMA Board President Mike Sollenberger, Building Administrator Lori French, City Councilman Ray Martinez as well as Brinkman COO Mark Christensen …

By Katie Rapone The City of Boulder is currently working with the community to develop an area plan for the Alpine-Balsam site in Boulder, the former site of Boulder Community Health Broadway Campus. In December 2015, the city purchased the 8.8-acres of property — that sits along the broadway corridor, north …

LAKEWOOD – MEP Engineering (MEP) has been selected to provide engineering design services for a new apartment community at 9998 W. Jewell Ave. The firm will work with developer Metro West Housing Solutions and Studio 646 Architecture on a four-building apartment complex called Sage Corner — formerly known as Indigo, Lakewood. The buildings, totaling approximately 44,200 square feet, with …