On Monday, the Mental Health Center of Denver (MHCD) broke ground on a $10.6 million apartment building in southwest Denver that includes counseling and other services onsite.
Sanderson Apartments’ 60 one-bedroom units will be open to the physically and mentally disabled as well as to homeless and low-income Denverites.
But unlike some similar housing projects, applicants that want to live at the three-story complex – which will include a library, fitness spaces and a garden – don’t need to be in treatment for mental illness or substance abuse to qualify for housing.
“What we find is that their ability to get well comes after (they get housing),” said Dr. Carl Clark, CEO of MHCD, at a groundbreaking ceremony.
Residents’ rent will be equal to 30 percent of their income and will be subsidized by housing vouchers. Low-income housing tax credits as well as funds from the city and state will finance construction.
Davis Partnership designed the apartments. Deneuve Construction is the general contractor.
And after construction wraps in summer 2017, Denver’s Social Impact Bond Program will finance MHCD’s services at the 50,000-square-foot building on the corner of Federal Street and Iowa Avenue.
MHCD purchased the 1.4-acre property for $967,500 last March.