Investors Buy Old Hotel and Convert It Into 139 Mini-Apartments for the Homeless

[Bayard]

The Colorado Coalition for the Homeless (CCH), a non-profit organization in Denver, recently decided to make an investment and purchase an $8.4 million former hotel in hopes to help alleviate homelessness in the area. The newly-renovated building, now called Fusion Studios, has since become a building with 139 mini-apartments for the homeless.

Since 1985, CCH has been working to provide housing and support to the continuously increasing number of homeless people in the United States. In Denver alone, there are at least 5,755 homeless people.

When John Parvensky, President and CEO of the organization, learned that Quality Inn and Suites, a local hotel on the major road was up for sale, he grabbed the opportunity to turn it into a homeless shelter. Using funds from the city, state, and private organizations, CCH purchased the hotel, renovated the property, and renamed it to Fusion Studios.

Fusion Studios, the 17th building of its kind that CCH has established, now serves as a shelter for homeless people who are struggling to survive the city's urban camping ban that is still being implemented despite the unconstitutional ruling of a county judge.

"The project was really born out of desperation," said Parvensky during an interview with Colorado Springs Gazette. "We were scratching our heads trying to figure out how we can shorten the time period so that the people who are on the streets tonight have a place to call their home as quickly as possible."

Homeless people from the city are welcome at Fusion Studios, where the monthly rent payment is just 30 percent of their income or disability benefits -- typically just $100 a month. They have access to a room that is equipped with a private bathroom and kitchen with basic amenities such as a bed, a table and chairs, a cabinet, a television, a mini-refrigerator, a microwave, and a food pantry.

For more information about the Colorado Coalition for the Homeless, visit www.coloradocoalition.org

https://www.blackbusiness.com/2020/02/colorado-coalition-homeless-cch-investors-buy-old-hotel-convert-mini-apartments.html

[marble falls]

1. Salt Lake houses a lot of their homeless and finds it cost half as much as to leave them ...

on the streets and that once knowing they have a place that's theirs, their management as far as taking medications, doing therapy starts working and a lot of them become empoyed and taxpayers.

There's so many opportunities to house the homeless and its as stupid as it is heartless not be doing it.


Jebus crisp. The smiles of those four guys is testimony of what it means to have a place of one's own.

[Duppers]

2. K & R. 👍 👍

Sending atheist blessings & love to these investors. Some folks have hearts! Bet not a one of them is a frickin' rethugian.

[mitch96]

3. A buddy of mine wanted to turn a bankrupt hospital into a homeless shelter

Greedy city board wanted to sell it (no takers) and see a profit.. It just sits unused...

m

Oh btw 4000 posts!! yahoo!!

[MagickMuffin]

4. Years ago the hospital I was born in had shut down

I called the city to see if they would purchase the building to help with our homeless population. Hospitals are already setup to accommodate this task.

Single rooms with showers and toilets. The nursing stations could be setup for assistance help if needed.

Cafeterias already there.

The city declined my suggestion as it would cost too much to do this. Unfortunately, the hospital got demolished.



I'm happy to see these citizens getting a place to call home!

[MineralMan]

5. That's an excellent idea.

The only thing I hope they did was to retrofit that building with a sprinkler system. In Minneapolis, MN, an old hotel that had been converted for a similar purpose burned down on Christmas Eve, killing a number of its residents. No sprinkler system. Now, the building has been torn down and the residents there are having enormous difficulties finding places to live.

[Bayard]

6. That's really sad.....

[MineralMan]

7. Yes. It was horrifying.

I think about things like that when people come up with good ideas to help others. Unfortunately, sometimes important factors are missed, often due to financial issues.

In the case of hotels, though, most have sprinklers already, due to older requirements than in some other structures. I hope that one in Colorado does.

The cost of rehabilitating building to house homeless people and poor people often keeps such projects from happening. It can be tempting to take shortcuts, but the results of that can be very tragic.

[ooky]

8. This is great. We need more of this kind of thinking and compassion around the country.

I love stories like this.