The Colorado Health Foundation (CHF) has selected local developer Gorman & Company as the development partner and Hope Communities as the services partner for The Tapestry, a multi-phase, multi-generational, family-centered housing community in the Uptown neighborhood of Denver. The development reflects a commitment shared by the three organizations to promoting health equity and fostering environments of possibility and belonging.
Housing affordability has been a consistent worry for Coloradans, as highlighted by Pulse: The Colorado Health Foundation Poll. Since the poll’s launch in 2020, most Coloradans have highlighted the cost of housing as a significant issue. In the 2024 survey, for example, 89% of respondents indicated that housing affordability is an extremely or very serious problem.
Motivated by the ongoing need for affordable homes, in 2021, The CHF seized the opportunity to purchase a property across the street from its headquarters. Partnering with Urban Ventures, they conducted extensive community outreach to shape a vision for the site, leading to the creation of The Tapestry. This development will provide much-needed, thoughtfully designed, affordable homes and services emphasizing inclusivity, diversity, and sustainability, serving residents of all ages and backgrounds with incomes between 30 and 80% AMI.
“Housing is integral to health. Yet, many Coloradans are struggling under the affordability crisis Denver and much of Colorado are experiencing, and folks living on low incomes and people of color are facing the greatest burden. Adding affordable homes will disrupt the cycle of gentrification and displacement that has been occurring in Uptown over the past couple of decades,” Karen McNeil-Miller, president and CEO of The Colorado Health Foundation, said in a statement. “We are thrilled to partner with Gorman & Company, whose proven track record in developing inclusive, affordable housing aligns with our vision for a more equitable future. Having Hope Communities incorporate their holistic services program will ensure future residents of all ages have supports that foster health and well-being.”
Gorman & Company, which expanded into Colorado in 2014, has a robust portfolio of 19 developments across the state, including more than 1,600 affordable and workforce apartment homes, with a total investment of over $530 million, serving households earning between 30% and 150% of the Area Median Income (AMI). The company’s developments span seven different jurisdictions and have successfully utilized a mix of public and private funding sources, including private equity, tax credit equity, local funding partnerships, and various lending institutions.
“We are honored and excited to be selected by CHF for this transformative project,” Kimball Crangle, Colorado Market President at Gorman & Company, said. “The Tapestry will not only provide much-needed housing options but will also create a vibrant, multi-generational community where residents can thrive. This development embodies our commitment to creating spaces that are both inclusive and sustainable.”
“It is a pleasure to partner with The Colorado Health Foundation and Gorman & Company on the Tapestry project,” Sharon Knight, President and CEO of Hope Communities, said. “Our holistic and culturally aligned program model is an exceptional match for the mission and core values of the Foundation and the Penn-Logan campus. Well beyond stable housing, this project will allow families to receive the resources, skills, and support they need to achieve financial stability, economic mobility, and family well-being. We are very excited to expand our reach into the Uptown neighborhood.”
Gorman & Company will begin applying for project financing in early 2025, and construction is expected to commence once funding is secured. The Tapestry is poised to become a model for future developments prioritizing health equity, racial justice, and community well-being.
