An example of a CHFA Multifamily Lending Permanent Supportive Housing (PSH) project.

Warren Residences
Warren Residences
CHFA Customer
Denver, Colorado

Warren Residences, Denver


Adaptive reuse of a former church building to create 48 units of housing for residents who are homeless or at risk of being homeless; an additional employee unit is onsite.

Who the Project Serves

Individuals in the Denver area earning 30 percent of Area Median Income; units are single-room occupancy and will be rent-subsidized through project-based vouchers provided by Colorado Division of Housing

Community Impact

This development was led by the St. Francis Center, whose mission is to serve the homeless. St. Francis Center will provide services that will focus on housing stability, employment, income assistance, mental health, and physical needs from its current capacity as a service provider. The project will also have common area space that will be used to provide services. The project was a collaborative effort of the sponsor and public funders from within the Denver area and was done without Housing Tax Credits.

Project Partners

  • St. Francis Center
  • Denver Housing Authority
  • Colorado Division of Housing
  • City and County of Denver
  • Federal Home Loan Bank of Topeka

How We Got the Deal Done

Pair with These CHFA Programs

SIMPLE loans can be paired with CHFA Housing Opportunity Fund (CHFA HOF) and CMF (when available) as subordinate debt, so long as the debt coverage and other underwriting terms conform to CHFA Credit Policy.

Contact Multifamily Lending

Questions? Our solution-oriented team will help you find the right program to make your project a success. 800.877.2432