Home > News > Local, state and federal officials celebrate affordable housing gains in Adams County

Posted by zurban on June 29, 2015 in Adams County Front, Adams County Government, Thornton Government

The Adams County Housing Authority is celebrating the completion of the purchase and renovation of a 200-unit apartment community more commonly known as the Village of Yorkshire. Local, County, State, and Federal Officials gathered together on the lawn of the clubhouse at the Village of Yorkshire Apartments to celebrate the completion of the project located on the southwest corner of 104th and York Street in Thornton, Colorado. The goal of the purchase and renovation was to preserve and extend affordable housing opportunities within the City of Thornton, as well as to work towards the goal of continuously improving the housing stock in Adams County. Village of Yorkshire Apartments is a 200-unit rental apartment community built in 1972 and comprised of ten two- and three-story walk-up buildings positioned on approximately 10 acres.

Adams County Housing Authority (ACHA) acquired Village of Yorkshire Apartments in March 2012 in an effort to expand affordable housing opportunities for low-income Adams County residents in an underserved area of south Thornton. By purchasing Village of Yorkshire, ACHA secured an additional 15 years of new restrictions at the project, and did so at a lower income mix than was previously in place. The previous restrictions were expected to expire upon sale, and so the acquisition was motivated by the preservation and extension of existing rent restrictions as well as the addition of some new affordable housing stock for the community. Thornton Council Member Eric Montoya speaking to the gathered crowd said “This community here at Village of Yorkshire has been revitalized both in stick and brick but also in spirit due to the investments and the energy each of our partners have made to create safe and affordable housing opportunities for the residents of Thornton.”

Speaking on the partnership, Adams County Housing Authority Executive Director Don May stated “Today we stand in front of an example of what can be accomplished through the use of Federal, State and Local partnerships. This project would not be possible without the cooperation and support of many stakeholders, as we join together today, we say thank you to our partners and our staff who help us achieve our mission of preserving and extending affordable housing opportunities across Adams County.”

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