For Immediate Release
Cathy Alderman, Vice President of Communications and Public Policy
Breaking Ground on Permanent Supportive Housing for Denver’s Chronically Homeless
Colorado Coalition for the Homeless breaks ground on Renaissance Downtown Lofts, partnering with Denver’s Social Impact Bond initiative to provide permanent supportive housing to 100 chronically homeless individuals.
DENVER, August 24, 2016—Colorado Coalition for the Homeless is breaking ground on Renaissance Downtown Lofts, its latest development to provide permanent supportive housing to Denver’s chronically homeless. In collaboration with the City and County of Denver’s Social Impact Bond initiative, the Coalition will provide 100 apartment homes to the program through the Renaissance Downtown Lofts property. The combined effort with the City’s Social Impact Bond program will save the city an average of $29,000 per resident in emergency-related costs, transform the lives of 100 of Denver’s most vulnerable citizens, and improve the quality of life in the downtown neighborhood by reducing the number of individuals who are forced to call the streets their home.
Renaissance Downtown Lofts Groundbreaking
Date: September 8, 2016
Time: 1:30 – 2:30 PM
Location: 2075 N. Broadway, Denver, CO 80205
Speakers will include John Parvensky, President and CEO, Colorado Coalition for the Homeless, along with representatives from the administration of Mayor Michael B. Hancock, Denver’s City Council, and Social Impact Bond investors.
The mission of the Colorado Coalition for the Homeless is to work collaboratively toward the prevention of homelessness and the creation of lasting solutions for homeless and at-risk families, children, and individuals throughout Colorado. The Coalition advocates for and provides a continuum of housing and a variety of services to improve the health, well-being and stability of those it serves. Since its founding more than 30 years ago, the organization has earned state and national recognition for its integrated healthcare, housing and service programs. The Coalition’s comprehensive approach addresses the causes of homelessness, as well as the consequences, offering critical assistance to over 15,000 individuals and families each year. Learn more at www.coloradocoalition.org.