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Denver opens 132 income-restricted condos in Central Park neighborhood

The condos are restricted to households that earn 60% to 80% of the area median income, which is up to $55,950 for a single-person household.

DENVER — In an effort to provide a path to home ownership, Denver opened 132 income-restricted condominiums in the Central Park neighborhood Wednesday, officials announced.

The Central Park Urban Living Condos, located at 36th Avenue and Central Park Boulevard, are one- and two-bedroom homes for $139,500 to $169,500. The condos are restricted to households that earn 60% to 80% of the area median income, which is up to $55,950 for a single-person household.

“This project is so needed,” said Britta Fisher, executive director of Denver’s Department of Housing Stability. “This will make a meaningful difference for 132 individuals and families, providing housing stability and an asset from which to build and grow their lives.”

Fisher said the condos are one of Denver’s largest developments of income-restricted homeownership units.

>Continue reading this story on DenverGazette.com

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