Brothers Redevelopment To Break Ground On Visionary Affordable Apartment Community
“Valor on the Fax” to provide supportive housing for individuals facing housing insecurity due to acquired brain injury or related disability
FOR IMMEDIATE RELEASE
DENVER, CO (October 4, 2021) This Wednesday, Brothers Redevelopment, Inc, will kick off construction on the new, 72-unit apartment community, Valor on the Fax. The groundbreaking ceremony will take place at 12:45 pm at the Valor on the Fax site at 7900 E. Colfax Ave. (East Colfax and Trenton St.).
Brothers Redevelopment (BRI) President Jeff Martinez will be on hand, along with Gavin Attwood, President of the Brain Injury Alliance of Colorado (BIAC), along with Denver Mayor Michael Hancock, Denver City Council Member Amanda Sawyer and nearly a dozen other representatives from the public, private and philanthropic sectors, who have invested in this first-of-its-kind supportive housing community in Colorado.
The visionary collaboration between Brothers Redevelopment and the Brain Injury Alliance has relied on public comment to conceive the building’s exterior features, employing “trauma-informed design” throughout to ensure that the building will offer a therapeutic and comfortable environment to the residents who will call Valor home. BIAC will provide comprehensive services to future tenants of the community, including resource navigation, job training and recreational and wellness activities. As a trusted affordable housing developer and owner, BRI will manage the 72-unit community and utilize the first-floor commercial space to provide a wide variety of housing related services to residents of the East Colfax neighborhood.
The project is the largest of the supportive housing community in the state to receive public investment. The primary public funding sources for this activity are the City and County of Denver, Department of Housing Stability; and the Colorado Division of Housing. Other public investment has been made by the Colorado Housing and Finance Authority and the Denver Housing Authority. Substantial private investment has come from Enterprise Housing Credit Investments, LLC, and from ANB Bank. Philanthropic support for Valor on the Fax has been made by Wells Fargo Banks.
WHAT: Groundbreaking Ceremony for Valor on The Fax
**Refreshments provided by The Fax Partnership
WHEN: Wednesday, October 6 at 12:45 pm
**Jeff Martinez and Gavin Attwood can be available for media earlier if necessary.
WHERE: 7900 E. Colfax – Southeast Corner of Trenton and Colfax.
About Brothers Redevelopment
Since 1971, Brothers Redevelopment Inc. has become synonymous with affordable, safe and accessible housing and housing-related solutions for Colorado’s low-income, elderly and disabled residents. Today, Brothers owns and manages 17 affordable housing communities along the Front Range, offering more than 700 homes to income-qualified residents. Moreover, nonprofit Brothers has worked with countless supporters, local governments, public and private agencies and tens of thousands of volunteers to provide a broad spectrum of housing-related services to hundreds of thousands of clients across the state.