In 2007 NEWSED acquired and rehabbed a multi-family affordable rental housing unit in West Denver located near 10th and Sheridan. It has 63 units and is geared to be a “transit oriented development” because of its proximity to an RTD Light Rail line. This property sits on land owned by ULC. NEWSED plans to completely redevelop this property in the future and add more affordable rental units.
This development is a phase 2 project of the Chaffee Park Senior Residences. It is physically attached to Chaffee and its address is 4585 North Shoshone Street. This is NEWSED’s most recently completed development. NEWSED partnered with affordable housing developer, The Bergwyn Company to develop this 34 unit extension. Both Chaffee and Shoshone residences are tax credit projects to serve seniors, 62 and older, who make 60% or less of area median income (AMI).
Located in Denver’s Sunnyside neighborhood at 4580 Tejon Street is NEWSED’s most recently completed development. NEWSED partnered with affordable housing developer, The Bergwyn Company. Chaffee Park is made up of 62 units and is one of the only senior residences in Sunnyside allowing many long time residents the opportunity to move back to their original neighborhood.
Mixed Use Development Located at 901 West 10th Avenue was erected in 2005 and was NEWSED’s first multi-use development incorporating office/retail space and 38 units of affordable housing. La Villa currently houses NEWSED’s home office and two retail businesses; Interstate Kitchen & Bar and has a second 900 square foot storefront that is currently available for rent.