Investing in housing

Grant funds secured

The city has pursued several grant opportunities as a key strategy to build the housing fund and support our affordable partners in constructing affordable units for the community. Since the adoption of the plan, Wheat Ridge has secured over $11 million toward affordable housing development, programming, and policies including:

Amount	Purpose
$2 million	U.S. Department of Housing and Urban Development (HUD) – supporting preservation of naturally occurring affordable housing (NOAH), directed to Foothills Regional Housing (FRH) to preserve the affordability of Fruitdale School Lofts, a 16-unit apartment building.
$4.5 million	Colorado Department of Local Affairs (DOLA) — supporting new senior and family affordable housing development
$50,000	Colorado Department of Local Affairs (DOLA) – funding a housing impact fee study.
$2.6 million	Colorado Energy Office (CEO) – Supporting zoning code updates, rebate programs for qualifying ADUs and multi-family developments, and soft costs assistance for affordable projects.
$2 million	Colorado Housing Finance Authority (CHFA) – supporting the acquisition of a property that will include new construction of 50 units of affordable housing for older adults by MGL Partners at the Lutheran Legacy Campus.

These grant funds will be used to acquire and preserve NOAH units, fund public improvements for affordable housing, acquire land to build new affordable housing units, complete a zoning audit to implement goals from both the City Plan and AHS, and evaluate a housing impact linkage fee through a nexus study.