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Health center development offers innovative model for affordable housing

  • 48th and Race, Viña Apartments
KUNC | By Eric Galatas, Public News Service
Published March 3, 2024 at 5:51 AM MST
 

A new development in Denver’s Elyria-Swansea neighborhood that combines affordable housing, a health care provider, a pharmacy – and next, a grocery store offering fresh produce – is proving how collaborative partnerships with real community input can meet the needs of historically underserved neighborhoods.

Tepeyac Community Health Center Founder and CEO Jim Garcia said the innovative mix makes it just a little bit easier for people working two and three jobs to meet their family’s basic needs.

“A family that has very limited time during the course of a day or course of a week to go to a medical appointment, or a dental appointment, or get a prescription filled,” said Garcia. “And so, to be able to offer those services all under one roof represents a huge benefit for working families.”

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Source: KUNC News

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Surge of new housing around Decatur MARTA hub to continue

  • Decatur East

JANUARY 17, 2024, 2:28PM| JOSH GREEN

Developers close on financing for next Transit Oriented Development at Avondale station’s doorstep

The push to create housing nodes next to MARTA transit stations across Atlanta and neighboring municipalities continues to make progress.

MARTA officials announced today the development partnership of Columbia Residential and Decatur Housing Authority has closed on financing to build another phase of Transit Oriented Development next to Avondale station on the eastern fringes of Decatur, along MARTA’s Blue Line.

The project, called Decatur East Phase II, is slated to deliver 80 more units of affordable senior housing with direct access to MARTA transit. Expect one and two-bedroom units with amenities designed for seniors who have a range incomes below 80 percent of the area median income, according to project officials.

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Source: Urbanize Atlanta

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Keybank Provides $36M in Financing for Construction of Affordable Housing Project in Aurora

  • Elevate Aurora

October 19, 2023

KeyBank recently provided $36.3 million for the new construction of Elevate at Aurora, a 137-unit multfamily project in Aurora by developer Columbia Ventures.

Elevate at Aurora will include low-income units for households at 30%, 40%, 50%, 60% and 70% of area median income (AMI) in a mix of studio, one-, two- and three-bedroom units. The project will also include construction of a new community service facility which will primarily serve as the Aurora location for CrossPurpose, a nonprofit provider of workforce development services and Living Hope Community Church, a bilingual church that provides before and after‐school programming. Elevate at Aurora’s unique collaborative approach will create opportunities for economic mobility for residents and the broader community. Affordable rents will decrease the economic strain of being rent‐burdened, while CrossPurpose will offer residents and the Aurora community growth pathways through leadership,
entrepreneurship and career development programs.

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Source: Mile High CRE

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