US$ 46.5M Renaissance Legacy Lofts launched in Colorado

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A $46.5 million housing development dubbed, the Renaissance Legacy Lofts, this been opened in Denver, Colorado. This project not only features a supportive and health care facility, but also includes 98 affordable housing units. The developer, Colorado Coalition for the Homeless(CCH) expects the facility to provide healthcare for 500 people experiencing homelessness annually.

At the opening ceremony, Mayor Michael Hancock described the Renaissance Legacy Lofts as a game-changing resource for the community. He said housing and health were inseparable, and this development was a major step towards building a healthy and  inhabited state.

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Development plans for the Renaissance Legacy Lofts

Located at California and 22nd Street the nine-story building features a recuperative care center on its first three floors. This health facility is equipped with 75 medical respite beds for homeless people with acute medical conditions. However, the health services will only be provided to clients who are referred by a medical facility. Up to 30-45 days of care will be provided depending on the needs of the residents.

In addition to the recuperative care center, the Renaissance Legacy Lofts building also provides permanent supportive housing units. The floors above the health facility will be occupied by 81 one-bedroom apartments and 17 studio apartments. Other additional amenities provided include a business center, on-site case management and counseling services.

The CCH founder, John Parvensky, said the  Legacy Lofts would ease the burden of shelters and hospitals. He said the integrated housing and health building provides a place for those desperate individuals experiencing homelessness.

Funding for the Renaissance Legacy Lofts projects came from a variety of sources. The city of Denver and the Colorado Division of Housing funded the project directly. But The Corporation for Supportive Housing and Colorado Growth and Revitalization Fund  provided New Market tax credits for the recuperative center. Additionally, several generous contributions also came from a  number of foundations and private donors