At The End Of 2014…
ULC has invested over $58 million into 25 real estate properties, creating thousands of jobs, and leveraging more than $360 million in economic development by our public, private and nonprofit partners.
ULC successfully began our first vertical construction with new partner New Legacy Charter School. This new school with educate pregnant and parenting teens as well as provide a preschool.
As Master Developer
Celebrated opening of Avondale Apartments and commercial space with development partner Del Norte. These 80 affordable units were fully leased upon construction completion.
As a real estate steward
ULC partnered with Calvert Foundation to launch the Ours to Own Metro Denver initiate, and a $10 million dollar facility fund to support ULC real estate in the region.
Transit Oriented Development (TOD)
The Social Enterprise Foundry, a 44,000 square foot warehouse in Sun Valley, brings 4 nonprofits together to collaborate on environmentally missioned work near 2 rail stations on the Central and W Lines.
ULC raised over $25 million of new loan capital to support our real estate growth. This is in addition to the newly created Regional TOD Fund which specifically supports affordable housing acquisitions at transit stations.