Denver's Department of Housing and Stability (HOST) is planning a multi-million dollar project that would add a 253-unit apartment and townhouse complex at the corner of 38th Ave. and Holly Street. via RussellHaythorn
DENVER — Huge changes could soon be on the way for Northeast Park Hill as the City of Denver continues to try to solve the affordable housing crisis.
“I think that’s great,” Patty Raynolds said as she took a stroll through the open space just west of the fenced-off future housing project.“It’ll add more diversity to the area,” said the Texan who recently moved to Colorado. “Coming from Texas and adjusting to the Denver cost of living was a big challenge at first. I knew coming out here was going to be a bit more expensive, but it was a lot more than I had planned for.”“I think it’s great,” Austin said. “I grew up in Park Hill.
The units will be restricted to those making 30 to 80% of the area median income. For a family of three, 30% of the area median income is about $31,000, and 80% is about $80,000.“I think it’s fascinating,” Austin said. “I would like to see this area get a little more evolved, escalated.” “Maybe it helps people get on their feet and they’re able to live in an affordable house for the first time ever,” Raynolds said. “So it’s awesome that it’s being offered in a really great area.”
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