Denver Celebrates Construction Of 150 New Affordable Apartments In Elyria-Swansea

A City loan, totaling $1.5 million, helped make the land acquisition possible prior to anticipated future market-rate development forces.

Denver officials joined the Urban Land Conservancy (ULC), Columbia Ventures and Clínica Tepeyac today to celebrate the groundbreaking of Viña, a 150-unit income restricted apartment development located at 48th and Race. Viña represents the first phase of an affordable mixed-use development spanning six acres across an entire city block in the Elyria-Swansea neighborhood. In addition to providing affordable housing, the project will include the expansion of local healthcare services by Clínica Tepeyac. …

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Source Denver Patch