Grand Opening Celebration Planned for Plaza Townhomes at Macon and Moline
A Grand Opening celebration for the Plaza Townhomes at Macon and Moline near Fitzsimons is planned for June 5 at 1 p.m. The event will be held in conjunction with Denver’s second annual Affordable Housing Week, sponsored by Enterprise Community Partners.
AHA is acting as project developer, providing oversight to the general contractor BC Builders. AHA also is a special limited partner, which assures property tax exemption.
Pre-leasing has begun on the development which will offer 30 two-story townhouse style units in three buildings with a mix of one, two, three, and four-bedroom units. Each location will also have 17 parking spaces located on the ground level below the units. The Moline Street location will have a leasing office and a community room available for use by all neighborhood residents.
Ten units will be set aside for families participating in the Families in Transition program, an Aurora Housing Corporation program that assists homeless families. The remaining 20 units will be available for households at or below 60% of the area median income. Proposed rents for those units will range from $395 for a one-bedroom, one-bathroom unit up to $875 for a four- bedroom, three bathroom unit. Enterprise Community Investments is AHC’s partner in this development. Construction financing is being provided by Citywide Banks and permanent financing is being provided by the Colorado Housing and Financing Authority. Additional funds came from the City of Aurora’s HOME program and the Federal Home Loan Bank’s Affordable Housing program.