Vida at Sloan's Lake Medical & Senior Activity Center, Denver, CO

CSH provided $12 million in NMTC allocation to the Denver Housing Authority for the construction of a new mixed-use building containing an activity center for senior citizens, a community health center operated by Centura Health and a kidney dialysis clinic operated by Fresenius Kidney Care. The services will be co-located with 175 units of housing for very low income seniors or individuals with disabilities financed separately with 4% and 9% Low Income Housing Tax Credits, nearly all affordable to those at or below 30% of AMI. The project is a critical component of a $300 million master redevelopment plan of the former St. Anthony Hospital site and will reestablish critical healthcare services in Sloan’s Lake, a medically underserved neighborhood, while also providing fitness, nutrition and wellness programs for its residents and the surrounding community. The co-location of uses and cross programming that the project offers will allow the seniors and those with disabilities to age in place with amenities and services proven to positively impact their health and well-being. This project closed November 7, 2017 and is currently under construction.

About the Denver Housing Authority

The Denver Housing Authority is a quasi-municipal corporation with a portfolio of over 11,000 units and housing choice vouchers, providing affordable housing to more than 26,000 very low, low and middle income individuals representing over 10,000 families. DHA has transformed public housing in Denver creating vibrant, revitalized, sustainable, transit oriented, and mixed-income community of choice.

Today, DHA’s vision has been honed to reflect the goal that every individual or family shall have quality and affordable housing, in communities offering empowerment, economic opportunity, and a vibrant living environment. .

Denver Housing Authority's mission is to serve the residents of Denver by developing, owning, and operating safe, decent and affordable housing in a manner that promotes thriving communities.

DHA is governed by a nine-member Board of Commissioners appointed by the Mayor of Denver and approved by the City Council.

Status

Under Construction as of 11/17

Category

Mixed-Use Health Center, Senior Center & Dialysis Clinic.

CSH Investment

$12 Million New Markets Tax Credit