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An example of a CHFA Multifamily Lending Preservation Rehab/Adaptive Reuse project.

Eiber Village at Garrison Station
Eiber Village at Garrison Station
CHFA Customer
Lakewood, Colorado

Eiber Village at Garrison Station, Lakewood

Purpose

Acquisition/Adaptive reuse of the prior Hospice of Saint John, which was designated a Local Historic Site by the City of Lakewood in 2018

Who the Project Serves

Seniors 55+, with 50 units serving households at 30 percent AMI and 60 percent AMI

Community Impact

This property was revitalized after sitting vacant and considered blighted since 2014. The site is adjacent to RTD’s West light rail line with connection at Garrison Station, offering easy transportation access amid local resources.

Project Partners

  • Hartman Ely Investments 
  • Giving Tree Communities 
  • Metro West Housing Solutions

How We Got the Deal Done

Pair with These CHFA Programs

CAPABLE loans can also be paired with the Capital Magnet Fund (CMF) as subordinate debt, as long as the debt coverage and other underwriting terms conform to CHFA Credit Policy. HOF may be paired with any of CHFA's senior debt programs. 

Contact Multifamily Lending

Questions? Our solution-oriented team will help you find the right program to make your project a success. 1.800.297.2342 

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