Denver’s Cherry Creek zip code has the most expensive rents in Colorado. Here’s how the others rank.

Denverite covers the price of rent in Cherry Creek.

 

“Denver was home to nine of the 10 most expensive neighborhoods for renters in Colorado this summer, according to RENTCafe.

The apartment search website analyzed rents for 17 million apartments in almost 7,000 zip codes across the country as the summer ended. In Colorado, 80206 topped the list for most expensive, with average rents of $2,454, up 1.4 percent from the previous year.

Denver’s highest rent didn’t crack the U.S. top 50, a list dominated by New York and California zip codes. The zip code that includes Cherry Creek and Congress Park came in 225th nationwide and also topped the Colorado list last year.”

 

Read more on Denverite here.

Housing authority announces low-income tax credit

Golden Transcript covers new low income affordable housing tax credits for Colorado.

 

“Colorado Housing and Finance Authority has awarded the final low-income housing tax credit awards for 2019. The housing authority is the allocating agency of federal low incoming housing tax credits in Colorado.

Thirty applications requested $34.9 million of the authority’s 9 percent federal tax credits, and $17,111,701 was awarded to 15 developments. The awards will support the construction of 723 affordable rental housing units in Colorado.”

 

Read more on Golden Transcript here.

Denver moves ahead on affordable-housing redevelopment

Colorado Politics highlights plans for affordable housing redevelopment in Denver.

 

“After the Denver City Council approved nearly $3 million in no-interest, forgivable city loans, the Denver Housing Authority is moving forward in its first redevelopment phase of the city’s oldest – and poorest –  subsidized housing community, the Sun Valley neighborhood.

The council passed the loan agreement in a 12-0 vote Monday, with Councilwoman Kendra Black absent. The decision was made as part of a block vote with no discussion.

With about $71.5 million now secured for the first phase of development from state, federal and private funding, there will be two initial construction projects.”

 

Read more on Colorado Politics here.

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Broomfield council candidates to talk affordable housing

Broomfield Enterprise highlights an affordable housing forum.

 

“Broomfield voters will have two more chances to hear from a panel of council and mayoral candidates.

The Broomfield Housing Opportunity Coalition, a group of nonprofit, faith, and community leaders that advocates for progressive housing projects in Broomfield, and the Colorado Mobile Home Residents Alliance, a resident’s rights union, will hold two separate forums that are open to the public and focus on affordable/attainable housing.

Billy Bear Jarrett, one of the leaders of the Colorado Mobile Home Residents Alliance, said he was contacted by local candidates who reported problems getting into mobile home parks to campaign and saw a public forum as a solution.”

 

Read more on Broomfield Enterprise here.

Lowry adds to its attainable housing stock with apartments for all ages

Denverite covers new affordable housing in Lowry.

 

“Patrick was among the first to move into one of the 71 rentals at The Boulevard One Residences, a four-story complex at 6756 E. Archer Dr. managed by Volunteers of America that opened late last year. Patrick joined Mayor Michael Hancock, officials from Volunteers of America, the Denver Housing Authority and others who made the $20 million project possible at an open house celebration on Tuesday.

The Boulevard sits on the last corner to be developed of what was once the Lowry Air Force Base and is now a neighborhood near downtown of 3,000 homes, restaurants, businesses, government offices and an air and space museum set amid 800 acres of parks and open space. Residents of Boulevard One and of nearby market-rate homes are within walking distance of shopping, a library, parks and recreational trails. Patrick enjoys the walkability.”

 

Read more on Denverite here.

Final RidgeGate parcel in Lone Tree to be developed into 7-story apartment community

Denver Business Journal highlights a new apartment complex in Lone Tree.

 

“The final parcel of land on the west side of RidgeGate, Lone Tree’s master-planned community, is going to be developed into a seven-story, 240-unit apartment community.

Officials from Coventry Development Corp., the master developer of RidgeGate, said Tuesday that the seven-story complex, which includes two levels of parking, will break ground in early 2020 and be ready for its first tenants in mid-2021.”

 

Read more on Denver Business Journal here.

More than 500 new homes and buildings up to 8 stories tall planned for University Hills sites

Denverite covers plans for affordable housing near University Hills.

 

“A crevice of land near Interstate 25 and Evans Avenue will go vertical if the Denver City Council OKs new building parameters at several sites currently occupied by low-rise office buildings, a vacant motel and an industrial property.

Homebuilders operating under the company name CREA-Flywheel Evans LandCo LLC have asked elected officials to allow five- and eight-story buildings on about 4 acres a short walk from the light rail station at Colorado Boulevard and Evans Avenue. Three stories are currently allowed on some properties, while five stories are allowed on others.”

 

Read more on Denverite here.

Affordable Housing Comes To Lowry With 71 New Apartments

CBS4 highlights development of affordable housing in Lowry.

 

DENVER (CBS4)– Lowry is getting an influx of affordable housing units thanks to a new development with dozens of income-restricted units. The Boulevard One Residences are located at 6756 E. Archer Dr.

The 71 apartments are for households earning up to 50% of the area median income, or up to $32,500 for a single-person household or $41,800 for a family of three.”

 

Read more on CBS4 here.

Why Denver Health and other hospitals are getting into the housing business

The Denver Post highlights the issue of affordable housing in the health industry.

 

“One patient at Denver Health, the city’s largest safety net hospital, occupied a bed for more than four years — a hospital record of 1,558 days.

Another admitted for a hard-to-treat bacterial infection needed eight weeks of at-home IV antibiotics, but had no home.

A third, with dementia, came to the hospital after being released from the Denver County Jail. His family refused to take him back.”

 

Read more on The Denver Post here.

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300 more apartments, homes slated for south Fort Collins

The Coloradoan covers plans for new apartments in Fort Collins.

 

“A Colorado Springs developer is proposing its second project on South College Avenue, and together the two developments will bring nearly 400 units to the area south of Harmony Road.

Goodwin Knight is proposing 302 duplexes, townhomes and apartments on vacant land at the southwest corner of College Avenue and Triangle Drive — just north of Carpenter Road.

The 35-acre site abuts the Ridgewood Hills neighborhood on the west.”

 

Read more on The Coloradoan here.