RENAISSANCE VETERANS APARTMENTS AT FITZSIMONS
Renaissance Veterans Apartments at Fitzsimons in Aurora, CO, has won a 2021 Charles L. Edson Tax Credit Excellence Award in the Housing for Veterans of the Armed Forces category.
Renaissance Veterans Apartments at Fitzsimons, developed by the Colorado Coalition for the Homeless, provides permanent supportive housing for veterans in Aurora, CO. Completed in December 2020, the development provides 59 affordable homes, with 49 of the homes reserved for homeless veterans, 10 homes reserved for physically disabled veterans, and a portion of units reserved for residents making 30, 40, 50, or 60 percent of Area Median Income (AMI). The 9 percent Low-Income Housing Tax Credit (Housing Credit) was used to finance the property, with syndication provided by National Affordable Housing Trust and investment provided by Bank of the West.
The property has an on-site, full-time resident services coordinator who assists residents with social services needs, such as case management, referrals, transportation to appointments, as well as medical and behavioral health services. Residents benefit from amenities such as a community room with kitchen, a picnic and grilling area, library, television lounge and access to computers, fitness facilities, and laundry. Safety and security measures include on-site management, limited access entry, a 24-hour front desk, and surveillance cameras.
The property was developed near the Department of Veterans Affairs, public transportation, local grocery stores, retail stores, restaurants, Aurora public schools, and public parks and green spaces.
Bringing Renaissance Veterans Apartments at Fitzsimons to fruition required extensive coordination among stakeholders facing challenges brought on by the COVID-19 pandemic. Today the property provides safe, healthy, and affordable homes to veterans in Aurora.
Click here to read more in the Mile High CRE.
Learn more about how the Housing Credit serves veterans here.
Recognition from U.S. Senator John Hickenlooper (D-CO)
Staff from the office of Senator Hickenlooper attended the the AHTCC’s 2021 Fall Meeting and Charles L. Edson Tax Credit Excellence Awards on September 23, 2021 in Washington, DC, to provide congratulations for the achievement. The Senator’s staff also spoke on a congressional staff panel during the event and shared the Senator’s strong support for the Housing Credit and affordable housing.
Statements from U.S. Representative Jason Crow (D-CO-6)
“Housing costs are soaring in the Denver metro area and far too many of our local veterans are facing housing insecurity. The Renaissance Veterans Apartments at Fitzsimons in Aurora recognized that and have gone above and beyond to provide quality services to veterans who were formerly unhoused or are living with physical disabilities,” said Representative Crow. “After three combat deployments, I returned home and witnessed firsthand some of the challenges veterans face as they transition back to civilian life. I am grateful to Renaissance Veterans Apartments for making a lasting difference in our community and in the lives of the men and women who courageously served our country.”
Additionally, Representative Crow submitted a statement to the Congressional Record recognizing Renaissance Veterans Apartments, in which he said: “Madam Speaker, I rise today to honor Renaissance Veterans Apartments at Fitzsimons in Aurora, Colorado, for receiving the 2021 Charles L. Edson Tax Credit Excellence Award by demonstrating one of the most impactful uses of the Low-Income Housing Tax Credit—the primary tool to build new affordable homes for the most vulnerable populations in Colorado and the Nation.”