BOULDER, Colo. — The City of Boulder announced it is making its largest one-year investment in affordable housing, distributing over $21,380,000 to two organizations that will add 184 affordable homes to the city’s inventory.

“It benefits all of Boulder, not just the folks who end up living in these new units. These folks will end up working in local businesses and sending their children to our schools and really just making our community more diverse for everybody,” said Meghan Sandt, Boulder’s Housing Investments senior project manager.

Boulder Housing Partners received $15 million to build a 113-unit housing development called Penrose Place. The group also received $4.4 million for 44 affordable townhouse-style homes. These homes will be available to households earning 30–60% of th

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