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Denver Announces Tennyson Flats: 128 Affordable Units Coming to Berkeley

  //house-home.news-articles.net/content/2026/02/0 .. ats-128-affordable-units-coming-to-berkeley.html
  Published in House and Home on Monday, February 2nd 2026 at 9:25 GMT by Commercial Observer
      Locales: New York, UNITED STATES

Denver, Colorado - February 2nd, 2026 - Denver continues its ambitious efforts to address the city's critical housing shortage with the announcement of Tennyson Flats, a 128-unit affordable housing development slated for the Berkeley neighborhood. The project, a collaborative effort between Tredway, architect Will Blodgett, and the Denver Housing Authority (DHA), represents a significant step forward in providing much-needed housing options for Denver residents. Located at 4400 Tennyson St., Tennyson Flats is expected to be completed in 2027 and will offer a mix of income-restricted units catering to diverse needs.

Denver, like many major metropolitan areas across the nation, has experienced a dramatic increase in housing costs over the past decade, significantly outpacing wage growth. This disparity has created a challenging environment for low- and moderate-income families, forcing many to relocate outside the city limits or face housing insecurity. Recognizing this escalating crisis, the City of Denver has prioritized affordable housing initiatives, allocating substantial resources and forging partnerships with developers and community organizations. Tennyson Flats is a direct result of these concerted efforts.

The DHA's role as master developer and land provider is crucial to the project's viability. Securing suitable land in desirable neighborhoods like Berkeley is often the biggest hurdle for affordable housing developments. The DHA's commitment to utilizing public land for the benefit of the community demonstrates a proactive approach to tackling the housing crisis. The strategic location on Tennyson Street places residents within walking distance of local businesses, restaurants, and public transportation, fostering a vibrant and connected community. This focus on transit-oriented development is increasingly vital in reducing reliance on personal vehicles and promoting sustainable urban living.

Paul Tredway, principal at Tredway, expressed his enthusiasm for the partnership, stating, "We are very excited to partner with DHA and the city to deliver this much-needed housing option for Denver residents." Tredway's experience in developing high-quality, community-focused projects makes them a valuable partner in this endeavor. Will Blodgett's architectural design aims to integrate Tennyson Flats seamlessly into the fabric of the Berkeley neighborhood, prioritizing aesthetics and functionality.

Financing for the $40 million (estimated) project is a complex blend of public and private funding sources. Denver's affordable housing funds provide a foundational layer of support, while the Colorado Housing and Finance Authority (CHFA) tax credits incentivize private investment. These tax credits are a powerful tool for attracting equity and reducing the overall cost of development. Private equity investments further supplement the funding package, demonstrating the growing interest in socially responsible real estate projects. Experts predict that similar public-private partnerships will be essential to address the ongoing housing shortage.

Beyond Tennyson Flats: Denver's Broader Affordable Housing Strategy

Tennyson Flats is not an isolated project but rather part of a larger, comprehensive strategy to increase the supply of affordable housing in Denver. The city's Housing Opportunities for All initiative aims to create or preserve 10,000 affordable housing units by 2030. This ambitious goal requires a multi-pronged approach, including streamlining the permitting process, incentivizing density, and exploring innovative financing mechanisms.

Another key component of Denver's strategy is the expansion of inclusionary zoning policies. These policies require developers of market-rate projects to include a certain percentage of affordable units, ensuring that new development contributes to the overall affordability of the city. While these policies have faced some resistance, they are increasingly seen as a necessary tool for creating mixed-income communities. The city is also actively exploring the use of modular construction and other cost-saving technologies to reduce the cost of building affordable housing.

The success of Tennyson Flats, and similar projects, will be closely monitored by housing advocates and policymakers. The project's impact on the surrounding community, including its effect on property values and local businesses, will be carefully analyzed. Data collected from this development will inform future affordable housing initiatives and help refine Denver's overall housing strategy. The completion of Tennyson Flats in 2027 will not only provide homes for 128 families but also serve as a model for future affordable housing developments in Denver and beyond.