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First Amendment Approved: Denver Adds $434,561 to Volunteers of America's $13.7M Funding for 60-Unit Theodora Family Motel RISE Shelter

  • When: 2025/07/09
  • Address: 4855 W. Colfax Avenue
  • City: Denver
  • State: CO
  • Category: Affordable Housing
  • Subcategory: Supportive Housing
  • Asset Class: Specialized Housing
  • Property Type: Non-Congregate Shelter
  • Size (Units): 60 Units
  • Size (Dollars): $13,699,994.01

The Denver City Council approved a First Amendment to a Funding and Assignment Agreement with Volunteers of America of Colorado (VOA) for the Theodora Family Motel RISE project. This amendment adds $434,561.01 in funds, increasing the City's total contribution to $13,699,994.01. These funds are designated to aid in the construction of the 60-unit non-congregate family shelter structure. The total estimated project cost is $27,902,738.01. The original agreement for the project was established on October 24, 2023, and this new funding addresses increased construction costs for the shelter. The project aims to provide essential shelter services for families within Council District 3. VOA will be responsible for the operation and maintenance of the shelter, ensuring the availability of at least 60 non-congregate units.

Source

Applicant - Volunteers of America of Colorado


David Schunk

Ownership - Volunteers of America of Colorado


David Schunk

Developer - Volunteers of America of Colorado


David Schunk

City Representative - Carolina Flores