Warren Village has big goals to serve the community, said Ethan Hemming, president and CEO of Warren Village.
“We know that financial strain can have a detrimental impact on mental health, academic and job performance, and other aspects of life,” Hemming said in a news release. “Both the economic and social factors related to housing insecurity and insufficient income have a trickle-down effect that negatively impacts individuals’ physical health, the community as a whole, and our local economy.”
Warren Village is a Denver-based nonprofit focused on helping low-income, single-parent families make the journey from poverty to self-sufficiency.
With the goal of providing housing continuity and stability, Warren Village and BLDG Management, Inc. recently entered into a partnership to launch a pilot program at BLDG’s Ivy Crossing, which is a community of 1,023 apartment homes located on South Quebec Street, just east of Denver’s Goldsmith neighborhood.
The pilot launched in June and will initially serve 15-20 families.
A focus of the pilot program is to help ensure that those who have housing are able to keep it, Hemming said. Warren Village staff will work closely with BLDG staff to ensure that residents who might be on the cusp of losing housing have access to stabilizing and empowering resources.
Families living under the 80 percent of Area Median Income are the target group, but Warren Village at will also provide resource referrals to any other Ivy Crossing families in need.
These resources include a variety of free, onsite and remote supportive services, such as assisting residents seeking help in the areas of financial coaching, life skills, mental health and resource referrals. Families will also be able to participate in community-building experiences such as barbecue events, and there will be after-school programming available for resident children, as well additional resources for parents to address children’s developmental, behavioral and mental health issues. Warren Village will also implement a Rent Reporting Pilot Program for the families participating in the pilot program. Working with the Credit Builders Alliance (CBA) and Esusu, the rent reporting program will provide residents with an opportunity to raise their credit scores by allowing Warren Village to report rent payments to credit bureaus.
Warren Village has two communities in Denver — one in north Denver, and one in the Cheesman Park neighborhood. The partnership with BLDG is the first time for Warren Village to expand its services to a fair market rate rental property. However, the concept that roots the newly-formed partnership with BLDG had been in the works for about two years, Hemming said.
“We have long been looking for opportunities that allow us to expand our services beyond the four walls of our resident buildings,” Hemming said. “This partnership provides a significant step toward advancing our strategic goal of growing our services to positively impact more families in need.”
The Warren Village at Ivy Crossing pilot program is initially funded through grants from the Colorado Health Foundation and the Carmel Classic Charity Golf Tournament, with additional support from Warren Village and BLDG Management.
The partners are seeking a long-term, sustainable funding source/grant to sustain and grow the program.
BMC Investments — a Denver-based real estate investment company — owns Ivy Crossing and BLDG manages it. These two affiliated companies both contributed to making the partnership with Warren Village, and thus the pilot program at Ivy Crossing, happen.
“We have long admired the successful program that Warren Village has created, and are thrilled that through this partnership, we can finally offer similar services to our residents at Ivy Crossing,” said Darren Everett, president of BLDG Management. “With parents being more financially stable, and their children being more successful in school, the property will benefit from higher resident retention, which creates a win-win for everyone involved.”
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