‘Sunnyside Senior’ to serve tenants who are senior or have a disability
DENVER – Brothers Redevelopment, Inc., a long-established Denver-based housing nonprofit, has acquired the 20-unit Servicios Housing community in northwest Denver. The property at 1935 W. 46th Ave. was previously owned by Servicios de la Raza.
Brothers will rename the 20-unit complex “Sunnyside Senior Apartments” and will continue to serve the residents who are senior or have a disability and who have long called the community their home. Located off of Tejon Street in the historic Sunnyside neighborhood, the tenants have enjoyed easy access to transit and proximity to parks and nearby retail.
With preferences for tenants over the age of 62 and persons with disabilities, the federally-subsidized Sunnyside Senior complex is a strategic addition to the Brothers Redevelopment portfolio. With sites in Denver, Edgewater, Westminster and Erie, the agency now owns and/or operates 14 affordable communities along the Front Range and offers more than 600 apartments to populations with special requirements.
“With the cost of rental housing on the rise and rental vacancies at historic lows, it’s more important than ever to preserve affordability and accessibility for society’s most vulnerable,” said Jeff Martinez, Brothers Redevelopment president. “With the acquisition of Sunnyside Senior, we are actively working to ensure that seniors and those with disabilities have a safe and comfortable place to call home.”
There is a profound need for affordable housing in the city of Denver. According to the city’s “Housing Denver: A Five-Year Plan” that was released on Monday, there is a “rental gap of 27,000 units” for renters with incomes at 30 percent of Area Median Income (AMI) or below — a population that the plan says is most in need of rental assistance or supportive services.
Enter, Brothers Redevelopment — an agency that has been providing housing and related services to the region’s low-income elderly and persons with disabilities since 1971. Over the past decade, Brothers has worked to address housing needs of the very-low-income renters living in the city of Denver by acquiring federally-subsidized properties that were on the verge of being sold to private developers.
Since 2006, Brothers has purchased three other communities, adding nearly 200 affordable apartments. These recent additions include: Garfield Apartments, l2830 Garfield St.; Corona Residences, 1445 Corona St.; and the William Tell Apartments, 1599 Williams St.
“Brothers is working to help Denver and the region address its most pressing housing challenges,” Martinez said. “As such, we are actively seeking more opportunities to acquire, develop and preserve affordable housing to help close the rental gap.”
To learn more about Sunnyside Senior Apartments, call 303-238-0392.
In addition to affordable housing, Brothers Redevelopment provides home maintenance and repairs for senior, disabled and other income-qualified households; comprehensive housing counseling, including rental counseling, foreclosure prevention, reverse mortgage consultation and homeownership counseling for homebuyers; and helps consumers navigate their housing needs and concerns by managing three consumer help lines: The Colorado Foreclosure Hotline (1-877-601-HOPE); the Wyoming Foreclosure Hotline (1-855-996-2256); and the new housing helpline, Colorado Housing Connects (1-844-926-6632).
For more information, visit www.brothersredevelopment.org or www.coloradohousingconnects.org.