Silverleaf II Apartments

1976

Rental Housing

Loveland

One of CHFA’s early rental housing investments was in direct response to community need. In July 1976, heavy rainfall caused the Big Thompson River to flood, resulting in more than 140 deaths and damaging or destroying over 400 homes.

Some residents who had lived in the path of the flood and lost their homes were living in temporary accommodations provided by the United States Department of Housing and Urban Development (HUD) in the wake of the disaster. Shortly after the flood, Loveland Housing Authority spearheaded an effort to develop affordable housing for the elderly left homeless, many of whom relied on fixed incomes.

CHFA partnered with the Loveland Housing Authority and Colorado Division of Housing to support Silverleaf II Apartments, a 72-unit affordable rental housing development serving older adults displaced by the flood.