BOULDER — Golden West Communities, an independent and assisted-living senior housing complex in Boulder, has embarked on a $19.2 million renovation of 310 apartment units.
The renovation project at 1055 Adams Circle will be financed with 4% federal tax credits, a Colorado Housing and Finance Authority loan, Enterprise Community Equity Investor (JP Morgan Chase) and Golden West Communities Inc. owner equity. Golden West is a nonprofit, first organized in 1963 as First Christian Manor Inc.
John McCarthy, Golden West executive director, has been working on the project for much of the past five years.
“We’re very excited about the upgrades,” McCarthy said in a written statement. “First, we completed less obvious improvements such as energy-saving windows, building weatherization and new elevators. Now we’ll get to enjoy many of the aesthetic upgrades, new fixtures and features, such as wall treatments, carpeting, paint and furnishings. While the renovation process may be a