Boston Capital

Denver decided it doesn’t need as many parking spots for affordable housing. Here’s a Five Points project that’ll happen as a result.

  “If things go as planned, the three dollhouse properties along Welton Street will come down by next month. But Oriana Sanchez and the property owners, Robert and Eddie Woolfolk, have faced if before. Sanchez, project manager for BlueLine Development, which specializes in building affordable housing, has been working with the Woolfolks, who run Agape … [Read more…]

Affordable Housing in Denver Just Got a Big Boost

  “Most zoning code changes are esoteric, relatively minor, and don’t elicit much public interest. Just the phrase “zoning code changes” is probably making your eyelids heavy. But this year was a little different. In late June, Denver City Council approved a major change to the city’s affordable housing zoning code by reducing the minimum … [Read more…]

Resolution 20-1171

  “A resolution approving a proposed Agreement between the City and County of Denver and Community Outreach Service Center, Inc. to provide supportive housing services to formerly homeless residents at Charity’s House. Approves a contract with Community Outreach Service Center, Inc. for $950,000 and through 12-31-37 to deliver supportive services to people formerly experiencing homelessness … [Read more…]

Resolution 20-1170 Version 1

  “A resolution approving a proposed Loan Agreement between the City and County of Denver and Community Outreach Service Center, Inc., for the development of Charity’s House, a 36-unit supportive housing project at 3022 Welton Street, Denver, Colorado 80205. Approves a performance loan agreement with Community Outreach Service Center, Inc. for $1,800,000 and through 11-30-2119 … [Read more…]

Charity House Apartments, LLLP Site Plan: 3022 Welton Street Denver, CO 80205

July 29, 2021 Charity House Apartments, LLLP site plan amendment PDF. Obtained through Denver ePermits. Sheets 4,5,6,7 and 10 omit one ADA parking space required for leasing office.     March 12, 2020 Charity House Apartments, LLLP site plan PDF used at Zoning Board of Adjustments Public Hearing May 2020. Obtained through Denver Zoning Board … [Read more…]

Charity House Apartments, LLLP Project Narrative

  “1. Describe the bond financing structure and include the following: a. Total amount of bonds with a breakout of construcNon period bonds vs. permanent bonds. Charity’s House is requesting $6.5 Million in total bonding capacity. This amount will be bought down to $4,596,000 at conversion to perm. b. Bond issuer (please specify whether you … [Read more…]

Charity House Apartments, LLLP Resident Selection Plan

  “Charity’s House uses a Housing First Model as well as Harm Reduction and Trauma- informed approaches in its Permanent Supportive Housing (PSH) Development. Housing First embraces the idea that people participating in a PSH program should be given housing even if they are struggling with issues of chemical dependency, mental illness and/or other barriers … [Read more…]

Charity House Apartments, LLLP Ownership Structure

  Charity House Apartments, LLLP Ownership Structure       Charity House Apartments, LLLP Devlopment Structure   Colorado Housing and Finance Authority Freedom of Information Act June 2020.  

Charity House Apartments, LLLP Service Plan

  “For the purpose of this budget, staffing for both Charity’s House and the Mental Health Center of Denver have been included. A 15-year budget has been developed, taking into consideration sources that are guaranteed (cash flow and developer’s fee/PSH 5% boost) but knowing that reimbursable costs to Medicaid will fluctuate based on clients’ engagement … [Read more…]

Hallelujah”: Developers of a proposed Five Points affordable housing complex say they’ve found a way around a parking hurdle

  “Developers say they have secured enough parking spaces to proceed with a Five Points project that would provide homes within reach of Denverites who earn less than 30 percent of the area median income. “Hallelujah,” said Eddie Woolfolk, who has been pursuing her Charity’s House Apartments project for years. Woolfolk had been looking for … [Read more…]