OAK 140

Made possible through a partnership between Housing Catalyst and the Fort Collins Downtown Development Authority (DDA), Oak 140 is the first Low Income Housing Tax Credit (LIHTC) project to address the community need for affordable housing near downtown businesses and services. Housing Catalyst formed a tax credit partnership to develop, own, and manage the property. The five-story mixed-use building is home to 79 apartments and two commercial tenant spaces. Designed with downtown workers in mind, the building features thoughtful resident amenities including on-site covered parking, indoor bike storage, a community lounge, and outdoor living space on the third-floor terrace. Specifically designated by the City of Fort Collins Downtown Plan as having high potential for infill/redevelopment, the site was a prime opportunity to bring affordable housing into downtown while maintaining the district’s distinctive urban and pedestrian characteristics with office space occupying the ground floor.