This Week’s Denver Deal Sheet
August 4, 2023
from Bisnow
The city of Aurora broke ground on an 81-unit affordable housing development known as the Sapling Grove Apartments this week.
Each unit is designed to be affordable for households making between 30% and 80% of Aurora’s median income. That means they will be affordable for single individuals earning between $24K and $62K per year.
Once completed, the complex will also offer an on-site community resource center, a fenced playground and an outdoor recreation center. The project is being developed by Grovewood Community Development, an affordable housing developer based in Denver.