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Denver opens 79 apartments for low, moderate-income households

Denver’s Department of Housing Stability and developer Gorman & Company celebrated the grand opening of Avenida del Sol, a 79-unit affordable apartment community, on Tuesday in the Westwood neighborhood.

The one- to three-bedroom income-restricted units are available based on income levels. The apartments will serve households making anywhere from 30% of the area median income up to 40%, 60% or 80%.

“Access to affordable and safe housing is key for our hard-working individuals and families throughout Denver, including in Westwood,” HOST Executive Director Britta Fisher said in a release. “We’re proud to partner with Gorman & Company to provide local Denver funds toward these much-needed affordable homes.”

The project’s overall cost is $27.2 million with $1.4 million contributed by HOST, the Colorado Housing & Finance Authority and the Colorado Division of Housing.

“Avenida (del) Sol is a critical element to this neighborhood’s dedicated, multi-faceted investment efforts,” Kimball Crangle, president of Gorman & Company’s Colorado market, said in the release. “We are pleased to be able to provide affordable, newly constructed housing for a community that desires to remain in their chosen neighborhood in the face of gentrification pressures.”

Construction continues at The Roost Denver micro-apartment complex on the 2400 block of Federal Boulevard on Wednesday, March 30, 2022, in Denver, Colo. (Timothy Hurst/The Denver Gazette) (TIMOTHY HURST/THE DENVER GAZETTE)
Construction continues at The Roost Denver micro-apartment complex on the 2400 block of Federal Boulevard on Wednesday, March 30, 2022, in Denver, Colo. (Timothy Hurst/The Denver Gazette) (TIMOTHY HURST/THE DENVER GAZETTE)


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