The deal has not yet closed, but the housing authority believes the 194 units will make significant headway toward Mike Johnston’s goal of housing 1,000 unsheltered people by the end of the year.
The city would start leasing the complex through its Department of Housing Stability (HOST) on Sept. 1.
One hundred ninety-three of the units would be used for housing low-income people, with 40% of the units designated for tenants earning 30% of the Denver area’s median income.