“The city will provide a loan and chip in money to pay for services at a 50-unit affordable housing complex on Federal Boulevard for the city’s poorest residents.
Denver City Council on Monday approved giving REDI Corporation a $1.5 million loan and $825,000 to pay for supportive services at Rhonda’s Place, which will have 49 one-bedroom units available for people making up to 30 percent of the area median income (one other unit will be for an on-site manager). The housing complex will be located in the city’s Barnum neighborhood, at 211-225 South Federal Blvd.
REDI Corporation, which owns the vacant lot on Federal Boulevard, has hired Blueline Development to build the complex.”
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Hernandez, Esteban L. Denverite 27 September 2021.