Group14 provided Enterprise Green Communities (EGC) consulting, energy analysis, and commissioning services for the newly built Brandon Courtyard Apartments, located along West Colfax near Sloan’s Lake in Denver.
Brandon Courtyard was developed by Volunteers of America (VOA) to provide permanent supportive housing as well as additional family units in West Denver’s low-vacancy, high-rent housing market.
The project provides 104 units of housing in two connected buildings for families, couples, individuals, seniors, and veterans. Fifty-nine of the units are set aside for people experiencing homelessness, who are also supported by VOA’s robust package of services.
This project presented a unique opportunity to use LIHTC to support the development of additional permanent supportive housing units. Pairing Colorado’s LIHTC program with the federal four percent LIHTC enabled the project to receive over $1,950,000 in credits.
Enterprise Green Communities Certification was achieved and the project received $55,244 in incentives from Xcel Energy.
The project also achieved annual energy cost savings of $20,651, or 18%, along with 24% in electricity savings and 44.2% in natural gas savings.