This article is part of Sharing Connexion’s Education Spotlight series, periodic news and learning opportunities for affordable housing and community-focused real estate projects. In this edition, Ed Briscoe, Managing Director at Weave Social Finance, LLC, explains the recent $95 million New Markets Tax Credits allocation to Colorado. New Markets Tax Credits can be a great way to provide financing to nonprofit led and/or social impact focused projects in low-income areas.
The purpose of Community Connexions is to elevate solutions to a real estate landscape that is squeezing nonprofits and has limited affordable housing options. The goal behind these events is to encourage balanced, amenity rich communities that serve resident needs and all income levels. This event took place at the newly renovated Holiday Theater in Denver, highlighting an innovative acquisition for a nonprofit arts organization while including additional housing units for artists.
On August 24th at 7:30 am, Denver nonprofit, Sharing Connexion will host a panel about community-centered commercial real estate projects. Rapid growth in Colorado has put a squeeze on nonprofits, affordable housing options, and municipalities looking to build balanced, amenity rich communities and serve resident needs. The panel will discuss commercial real estate projects that
Denver’s Park Hill neighborhood will soon have 253 new units of affordable housing. 67% of units will be two- three- and four- bedroom apartments. The affordable housing development is intended to serve a wide range of Denver residents who earn 30 percent to 80 percent of area median income. Sharing Connexion provided a $2.7 million
Sharing Connexion recently acquired 1550 Elmira St in Aurora, Colorado assisting local nonprofit, Caring and Sharing Community Resource and Transformation Center, or Caring & Sharing for short. Led by Executive Director Dara Goldsby, Caring & Sharing serves as a resource navigator and community hub for a variety of social work needs, including: counseling for reentry;
Sharing Connexion’s Recently Completed Project Proves Fundraising Potential of Real Estate Donations
In August, Sharing Connexion completed a 2-year project with Children’s Hospital Colorado Foundation under the Real Estate Donation program. This program is intended to empower nonprofit fundraising through the facilitation of real estate donations. Donations of real estate can have hidden potential to increase nonprofit funds. By partnering with Sharing Connexion, we explore the property’s
Spring Creek Village is an ambitious project in Gypsum, Colorado aiming to alleviate unaffordability burdens on multiple levels. This phase of Spring Creek Village is a series of apartments primarily developed by Gerry Flynn of Polar Star Properties. Phase I of Spring Creek Apartments is currently under construction; it will provide 150 low-income housing tax
In a recent partnership announced with Sharing Connexion, FirstBank is continuing their support of nonprofit capacity building and affordable housing projects. A key funder of the Colorado Gives Day and a contributor to many local affordable housing projects and initiatives, FirstBank remains dedicated to serving the nonprofit and affordable housing industries. This shared passion aligned
Sharing Connexion is excited to announce our recent hire and addition to the Sharing Connexion community. Emily Nilsen has been hired as Operations Director. Emily Nilsen comes to Sharing Connexion with over ten years of experience in the nonprofit sector. Most recently, she served at Housing Colorado, Colorado’s affordable housing association. Emily is dedicated to
Extended Hands of Hope, a Colorado nonprofit, offers safe housing and supportive services to sex trafficking survivors, empowering them to move forward with hope and dignity. At their main site, they operate transitional housing, counseling services, and a school. Due to the nature of their services and necessity of safety and privacy, the location of
- 1
- 2
