Affordable Housing for 62+ Adults Provides Supportive and Vibrant Community
CONTACT: Lisa Metzger lisametzger@avocetcommunications.com
DENVER (October 29, 2024) — Paloma Garden, a new 125-unit affordable housing complex for seniors age 62+ located at 920 South Chelton Rd., in Colorado Springs, celebrates its grand opening with a ribbon cutting ceremony on November 4 at 10:30 a.m.
City of Colorado Springs and State of Colorado officials will be in attendance, as will financial partners including First Bank, Enterprise, Colorado Housing & Finance Authority and El Paso County Housing Authority. Music and food will add to the festive celebration.
WHEN: Monday, November 4
TIME: 10:30 a.m.
WHERE: 920 South Chelton Rd., Colorado Springs
Paloma Garden is developed and owned by Volunteers of America National Services (VOANS), a faith-based nonprofit with headquarters in Alexandria, Virginia, and will be managed by Volunteers of America Colorado with headquarters in Denver.
The redevelopment, which formerly housed the Laurel Manor Care Center, was funded by an allocation of tax credits from the Colorado Housing and Finance Authoring (CHFA) and equity from Enterprise Partners. First Bank, the Division of Housing (DOH), and El Paso County provided loans to support the development. Paloma Garden was planned in response to the rising demand for affordable housing in Colorado Springs, especially among marginalized communities like senior citizens and the disabled.
The development was a combination renovation and new build. The renovation upgrades included new windows, energy efficient plumbing/light fixtures and updated common areas. The new build features in unit washer/dryers, walk-in showers, and beautiful new kitchens and bathrooms. The development offers one- and two-bedroom units serving the 30-60% Area Median Income (AMI) range which is $585 – $1,404.
“Our Paloma Garden development stands as a symbol of optimism and possibility for senior residents in search of high quality, affordable housing options in Colorado Springs,” said Dee Dee Beaty, Senior Vice President of Housing. “At VOANS, we take pride in contributing to this project and are committed to providing long-term support for our community members.”
“The Paloma Garden grand opening is a proud moment for VOA, as we work to meet the urgent need for affordable senior housing,” said Dave Schunk, president and CEO of Volunteers of America Colorado. “This housing development represents more than just a roof over our seniors’ heads—it’s a space where they can experience stability, connection, and the respect they deserve in their later years. We are committed to creating environments that foster independence and well-being, and Paloma Garden will be a beacon of hope for seniors seeking both affordability and a true sense of community.”
And Doug Snyder, vice president, Regional Real Estate Development, added, “At VOA, we believe that every senior deserves a safe, affordable place to call home. The grand opening of Paloma Garden represents more than just a new community—it’s a testament to our commitment to supporting seniors in living with dignity and independence. As the need for affordable housing continues to grow, projects like Paloma Garden play a vital role in ensuring that seniors have access to the care and stability they deserve.”
###
About Volunteers of America National Services
VOANS, a subsidiary of Volunteers of America, provides affordable housing and healthcare services in over 40 states and Puerto Rico. The organization employs over 2,000 professionals who provide high quality services and care to clients. As one of the largest non-profit affordable housing owners/operators in the nation, VOANS has over 240 properties and approximately 14,500 affordable housing units. VOANS also operates over 46 senior healthcare programs, including skilled nursing, assisted living, home health care, adult day and Program for All Inclusive Care for the Elderly (PACE). Learn more at www.voans.org.
About VOA Colorado
Volunteers of America Colorado is a nonprofit, faith-based organization dedicated to helping those in need transform their lives. Through more than 50 distinct human service programs, VOA Colorado serves over 100,000 people in need each year. Volunteers of America Colorado’s services include housing and emergency shelters, hunger and nutrition services, and many other community support programs. Our work touches the mind, body and heart of those we serve by integrating compassion into our highly effective programs and services that build and strengthen communities.
Skip to content