The BHC has just purchased North Haven an 8 unit apartment building on the corner of 9th and North Street. We will convert to, a permanently affordable, rental co-op, that will be home to 22 residents. The building was purchased with generous support from the City of Boulder Division of Housing ($400,000 grant) and the Boulder County Commissioners through the Worthy Cause program ($190,000 grant). This is a huge step for the BHC as we will almost double the number of low income residents we serve from 25 to at least 47. The building is currently undergoing a major renovation as we transform the 8 unit apartment building into a state of the art affordable cooperative that will have 2 two-bedroom apartments for families, (APARTMENTS ARE FULL AS OF AUGUST 2013) 18 other bedrooms and a deep green retrofit.
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We’ll be honest with you, 2022 has been a challenging financial year for the Boulder Housing Coalition. Inflation is at a whopping 8% and homeowners insurance costs have skyrocketed. During
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