We believe that cities are for everyone. As such, The Coloradan is proud to offer 33 Affordable Homes for sale. Our simple goal is to allow more individuals and families in downtown Denver to have an opportunity to become part of the exciting and dynamic community forming here. The Coloradan is a place of inclusion and diversity. The buyers of these Affordable Homes must be income-qualified and the Affordable Homes can only be purchased by households that meet the Affordable Housing guidelines set by the Office of Economic Development (OED). These Homes are also subject to a Covenant for the occupancy and resale of the home for a 25 year period following the initial closing.
The Steps to purchase an Affordable Home at The Coloradan are:
To read in further detail about this process and the Affordable Homes, please download and read the FAQ.
The U.S. Department of Housing and Urban Development (HUD) sets Area Median Income (AMI) levels for various household sizes, and AMI is then used within a formula established by the City and County of Denver to determine the home prices based on ratios of expected housing costs to income.
725 – 730
746 – 878
Household income must be between 50% and 95% of Denver's AMI for your household size. Here are the approved income requirements that buyers must meet as part of the pre-qualification:
As you read through the documents below, please note these are a supplement to the existing Coloradan FAQ document and HOA & Disclosure documents.