Elevation In-House

Dear ECLT Community,

Happy wildflower season! As we embrace the warmth and beauty of August, we are thrilled to share some exciting updates and heartwarming stories from our community.

We are delighted to announce that our very own staff member, David Salas, has achieved a significant milestone by becoming a homeowner at the Burrell. This marks David’s first home, and we couldn’t be more proud of his accomplishment. David’s journey is a testament to the power of dedication and the support of our community. Congratulations, David!

July was a momentous month for Elevation as we celebrated the closing of our first home through the DOORS program. This achievement underscores our commitment to bring diverse housing options to our community. We look forward to many more success stories as we continue to support our community members on their paths to homeownership. Find more information about the DOORS program below.

We are excited to announce that Elevation Community Land Trust now officially owns the Triangle mobile home park in Durango, purchasing from interim owner HomesFund in partnership with La Plata County and DOLA. This acquisition represents a significant step forward in the redevelopment of Triangle and Westside mobile home parks. Elevation plans to combine both parks and transform the area into a neighborhood of homes built on permanent foundations, with the underlying land owned under the community land trust model.

ECLT is currently in the process of annexation with the City of Durango and is set to meet with City Council in November. Additionally, Elevation has completed phase 2 of surveying both Westside and Triangle residents on housing needs and preferences with 100% participation rate. We are thrilled to be partnering with this beautiful community and look forward to future developments of this project.

Thank you for being a part of the Elevation community. Together, we are making dreams of homeownership a reality and building a brighter future for everyone.

Warm regards,

Stefka Fanchi, CEO

We have several apartments for sale at The Burrell, ranging from one, two, and three-bedroom units. Please click on the photo to be directed to The Burrell website or on the button below to view the listings on our website. The Burrell listings are located at 3575 Chestnut Place.

We have a few townhomes still for sale at Birdwhistle, ranging from two to three-bedroom units. Please click on the photo to be directed to the Birdwhistle website or on the button below to view the listings on our website. The Birdwhistle listings are located at 3684 Loggers Lane.

Despite Colorado’s legislative session not beginning for another five months, Elevation Community Land Trust is hard at work to advocate for efforts that will make it easier for Coloradans to access homeownership.

One of the organization’s key priorities for the next couple of months is to oppose Initiative 50 and Initiative 108. Initiative 50 would cap how much total property tax payments can increase in a single year at 4% annually. It would also require voters to approve any effort by local governments to keep revenue above that cap. Finally, it would require the state government to backfill any losses by local governments that resulted from reduced property taxes. Meanwhile, Initiative 108 would lock in residential assessment rates at 5.7% for residential properties and 24% for commercial properties. Cumulatively, these initiatives would have a three- to seven-billion dollar impact on Colorado’s budget. It would have dramatic consequences for state funding of affordable housing, higher education, emergency services, and numerous other programs. Coloradans 4 Communities is the main advocacy group organizing to oppose these initiatives’ passage.

Currently, the governor and legislature are considering calling a special session to address concerns of the proponents of these measures with a goal of removing the initiatives from the November ballot. Elevation CLT will continue tracking these efforts with a goal to see the initiatives removed from or defeated at the ballot.

ECLT has also been tracking and supporting the proposal of the Affordable Denver Fund, which would be funded by a 0.5% increase to Denver’s sales tax. ECLT is specifically working to ensure that the Fund would adequately fund the creation of affordable homeownership units for Denverites that cannot afford to purchase market rate units. The effort passed a key milestone last week, when Denver City Council Safety, Housing, Education & Homelessness Committee approved the proposed language to appear on the ballot. The full City Council had its first hearing on the measure on August 12; it advanced despite reservations expressed by several Council members. The final vote on whether to approve the measure for the ballot will take place on Monday, August 19. To express your support of increased funding for affordable housing in Denver, email City Council at dencc@denvergov.org, or post to socials with the hashtags “#AffordableDenver #ElevationCLT #DenverCityCouncil

This is a short sample of ECLT’s current legislative work. If you’re interested in learning more and getting involved in ECLT’s advocacy efforts in the future, please contact ECLT’s Staff Attorney and Policy Associate, Charles Allison-Godfrey, at cagodfrey@elevationclt.org.

Tuesday, August 13th from 5:00 PM – 6:30 PM

La Familia Recreation Center – DPR

65 S. Elati St., Denver, CO 80223

Tonight, in alignment with our 2024 Citywide Goals for an Affordable Denver, Mayor Mike Johnston, in partnership with Councilmember Flor Alvidrez’ s Office, and city agencies, is hosting a Community Conversation around Housing Affordability in the City and County of Denver where neighbors can engage directly with their government.

Please share this information with your respective networks or institution’s distribution lists because we all believe direct, and grassroot community feedback is invaluable. RSVP here.

Council District 7 (South Denver) – District Wide: Baker, Speer, Washington Park West, Platt Park, Overland, Rosedale, Ruby Hill, Athmar Park, and Capitol Hill (partial)

September 30, 2024 from 5-8p.m.

2210 California St. Denver, CO

Join us for Woods Boss Brewing's non-profit Monday! We will be there with our partners at Invalesco to talk about our properties and programs. All pints sold will give $1 to ECLT. Join us to enjoy beer and community!

The Burrell and other properties

We are so excited that the Burrell is featured in the year's parade of homes! Take a tour of our Five Points property this month and see the amazing views and location for yourself. Visit paradeofhomesdenver.com for more information.