A new phase of an affordable housing project took its first steps on Dec. 1. The Colorado Housing and Finance Authority (CFHA) awarded Maiker Housing Partners tax credits to construct two buildings, …
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A new phase of an affordable housing project took its first steps on Dec. 1.
The Colorado Housing and Finance Authority (CFHA) awarded Maiker Housing Partners tax credits to construct two buildings, totaling 142 units, along 104th Avenue and Colorado Boulevard. The additions will be part of the larger Crossing Pointe development, where a 64-apartment building already stands.
The existing complex, called Crossing Pointe North, offers affordable housing to seniors earning between 30 and 60 percent of the Denver metro area median income (AMI). The north side’s recent completion allowed Maiker to set its sights on the south side.
“After the successful creation of 64 apartments for elderly families at Crossing Pointe North, the South buildings will complete the vision of an exceptional, inviting intergenerational community for low and moderate-income families in Thornton,” said Peter LiFari, Maiker’s executive director, in a press release.
Families earning between 30 and 70 percent of the area median income will be eligible for Crossing Pointe South apartments. Maiker expects to complete it by early 2023. There will be 51 one-bedroom, 76-two-bedroom units and 15 three-bedroom units. Maiker will be the property manager. A community resource navigator will also be available to offer residents additional support.
“When we look at the rising cost of housing in Adams County, affordable communities like Crossing Pointe are so crucial. I’m excited to watch the growth of this community as we work to create more healthy living opportunities for seniors and families,” said Eva Henry, Adams County commissioner and Maiker board chair, in a press release.
The average rent in Thornton is $1,150 a month, the highest in the entire county, a press release said.
The project’s partners expressed excitement about amenities within walking distance of Crossing Pointe, such as retail stores and the Thornton Crossroads Station.
Thornton Mayor Pro Tem Jessica Sandgren, who’s also a Maiker board commissioner, said in a press release, “As a longtime resident of Thornton, I care deeply about the people living here and the future of our city. The Crossing Pointe community is a much-needed addition, providing affordable housing that is conveniently located and welcoming to a wide variety of people.”
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