CARE Housing Real Estate Development

Current Projects
 

Heartside Hill Community

Beginning Summer 2023!

Community Overview

Heartside Hill is a future housing development providing a diversity of housing types for people at various income levels. This new community will be located at the northwest corner of Trilby and Lemay Avenue. It will include multifamily affordable rental housing, affordable single-family homes, and congregant homes for people with intellectual and developmental disabilities. A community building onsite will provide a resident clubhouse, youth programs, early childhood education, and additional support services to onsite residents. 

Development Plans

• 72 apartments (CARE Housing)
• 9 single-family homes (Fort Collins Habitat for Humanity)
• 2 homes for adults with developmental disabilities (L’Arche Fort Collins)
• Community building with a resident clubhouse, an early childhood education center, a playground, and activity space for nonprofit partners and the church.
• Other features include a community garden, playgrounds, walking trails, outdoor gathering spaces, and a large community greenspace.

Heartside Hill Apartments

CARE Housing is the master developer of the community and will be building the 72 apartments at Heartside Hill, along with the community center.

 

Apartment Types:                                                                                       

One-Bedroom – 6 apartments                                                                      

Two-Bedroom – 30 apartments                                                                    

Three Bedroom – 30 apartments

Four-Bedroom – 6 apartments

Apartment Availability:                                                                                     

Leasing will begin Summer 2024                                                               

Timeline: Construction begins Summer 2023; apartment completion in early 2025.                                                                    

Heartside Hill Partners

Heart of the Rockies Christian Church

Fort Collins Habitat for Humanity

L’Arche Fort Collins

 

Funding Sources

4% LIHTC with State Credits

Private Activity Bonds committed by CHFA and the City of Fort Collins

City of Fort Collins Housing Services and Housing Funding Grants

City of Fort Collins Childcare Services Grant

Larimer County Grant

Colorado Division of Housing

Project Team

Architect: alm2s Architecture

Planner/Landscape Architect: TB Group

General Contractor: Palace Construction

Investor Partner: Midwest Housing and Equity Group (Tax Credit Investor)            

For general construction information:

Kim Iwanski
Director of Housing Development
Kiwa[email protected]
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Recently Completed

Swallow Road Apartment Community (1303 & 1403 West Swallow Road)

• Acquisition/Rehabilitation Project - Completed in 2022
• Developed in partnership with Housing Catalyst.
• Acquired 44 apartments at 1403 West Swallow Road in Fort Collins in 2021.
• Combined a renovation of the newly acquired apartments with existing apartments located at 1303 West Swallow Road.
• Renovated 84 apartments total, along with renovation of a community building, playground and all landscaping.