Project Traits
State: Colorado
Congressional District: CO07
Organization Type: Commercial
Partner Organization(s) Type: None or Unknown
Energy Sector: Buildings
Energy Subsector: Residential
Project Start Year: 2025
Project Launch Year: 2027
Government Support Received: Unknown
Outcomes & Impacts
Private Investment: $1,800,000
Jobs Announced or Created: Unknown
People Served: Unknown
Projected Economic Impact: Unknown
This 100% affordable family housing project is a 152-unit residential rental development featuring a mix of one-, two-, and three-bedroom units designed with families in mind. Units will be restricted to between 30% and 70% of the area median income (AMI). On-site amenities will include a small park, outdoor grill area, fitness center, community event and craft room, and a dedicated leasing office. Residents can also expect Energy Star-rated appliances, in-unit washers and dryers, LED lighting, hard stone countertops, low flow plumbing fixtures, LED lighting, and programmable thermostats for the common area.
Harvest Hill is developed by Ulysses Development Group (UDG), a mission-driven organization based in Denver with a focus on providing high-quality, low-cost housing across Colorado. With strong community and partner support for this development, UDG had a clear vision for the project from the start: create housing that is more affordable, incorporate sustainability aspects into the buildings, and make transportation more accessible and climate-friendly. Sustainability is central to the project’s development. The property will have 13 EV charging sites and an additional 104 vehicle spaces designated as EV-Ready, a 100 kW rooftop solar PV system, LED lighting, low-flow plumbing, Energy Star appliances, programmable thermostat, and electrification-ready construction with sufficient electrical capacity to fully electrify systems currently reliant on natural gas. This includes having an electric panel as well as transformer capacity to replace the boiler with an electric option in the future.
The capital for Harvest Hill is made possible through a combination of funding sources, such as tax credits, vouchers, and loans. Some supporting partners include the State Department of Housing and the City and County of Broomfield. CCEF provided $1,800,000 in financing comprised of funds from the Colorado Division of Housing (DOH) through the Affordable Housing Investment Fund (AHIF) and from CCEF’s Clean Conversion Loan.