Agenda Date: 02/03/2026
Subject:
Title
Discussion of a Request from Grovewood Community Development, a non-profit affordable housing organization, for funding support from the city's Affordable Housing Fund
Body
From:
James L. Becklenberg, City Manager
Prepared by:
Kathleen Osher, Deputy City Manager
Julie Latham, Housing Policy Manager
Presentations:
Jo Ellen Davidson, Executive Director, Grovewood Community Development
Julie Hoelbel, Director of Real Estate, Grovewood Community Development
PURPOSE:
Consideration of a funding request from Grovewood Community Development, a mission driven affordable housing non-profit, in support of the renovation, preservation, and continuation of 64 existing affordable housing rental units across three properties in Littleton.
LONG-TERM OUTCOME(S) SERVED:
Robust and Resilient Economy
DISCUSSION:
Grovewood Community Development, a mission driven affordable non-profit organization, is requesting $1M of funding from the city's Affordable Housing Fund and a contribution in-kind to waive city fees in support of their preservation and renovation project on 64 affordable rental units across three properties in Littleton:
1. Lara Lea Apartments (5540 S Elati St) - 36 units built in 1972
2. Fox Street Apartments (5368 & 5388 S Fox St) - 16 units built in 1962
3. Regal Apartments (5531 S Delaware St) - 12 units built in 1962
These locations serve low- and very low-incomes households, with 97% of units serving those earning 30-50% of Area Median Income (AMI), and the remaining 3% serving those at or below 60% AMI.
The work includes a moderate rehab following Enterprise Green Community sustainability guidelines and will involve the upgrade of several major building systems and some unit reconfigurations. The project will also add ADA units at Lara Lee and Fox Street, where there are none currently. The refinance and renovation of these properties will help preserve and extend affordability provisions at these locations, wit...
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