Current Initiatives

Walden35 Groundbreaking Event a Success

Oct 14, 2022 | News

On August 17, 2022, we celebrated the groundbreaking of Walden35. AHA’s Executive Director, Craig A. Maraschky, along with Housing Developer, Sarah Vogl, introduced special guests Governor Jared Polis, Aurora Mayor Mike Coffman, Councilmember Steve Sundberg, William Pauls, PaulsCorp, and Steve Johnson, CHFA.

Walden35 will sit on three acres of land in northeast Aurora Colorado; twelve miles southwest of Denver International Airport. Walden35’s residents will enjoy easy access to transportation, employment and services.

Amenities include on-site property management, modern fitness facility, vibrant community room, in-unit washers and dryers, an outdoor play space, resident gardens, a dog run/dog wash, secure bicycle storage and secure package lockers.

Walden35 will utilize the Income Average set-aside program that includes apartments for households earning between 30% to 70% of the Area Median Income (AMI).

View the photo gallery here: Walden35 Groundbreaking Gallery

Press: CBS Colorado, Telemundo

UNIT DISTRIBUTION

40 One Bedroom Units

50 Two Bedroom Units

10 Three Bedroom Units

 

USES OF FUNDS

Land $1,600,000

Site Work $2,392,405

Construction $25,941,158

Professional Fees $735,000

Construction Interim Costs $878,558

Permanent/Syndication $286,400

Soft Costs $820,620

Developer/Consultants $3,412,000

Project Reserves $660,000

TOTAL: $36,726,761

 

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