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ARTICLE · 04 AUGUST 2025

Case Study: Fulcrum Communities Pilot Project – Parker, Colorado

Ballard Spahr LLP
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As part of Colorado's broader efforts to close the middle-income housing gap, Fulcrum Communities, a Colorado nonprofit...

United StatesReal Estate and Construction
Peter Lam
Peter Lam
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This article is part of the 2025 Mid-Year Housing Industry Update. Click here to read the full newsletter.

As part of Colorado's broader efforts to close the middle-income housing gap, Fulcrum Communities, a Colorado nonprofit, launched a pilot project using an innovative financing model to deliver workforce housing more quickly and efficiently. Ballard Spahr represented Fulcrum in structuring and closing the transaction.

With the state's new Middle-Income Housing Authority (MIHA) still in its early stages, Fulcrum partnered with the Colorado Housing and Finance Authority (CHFA) to issue 501(c)(3) tax-exempt bonds. The proceeds financed the acquisition of a three-bedroom townhouse in Parker, Colorado, which will be leased to middle-income tenants earning between 80% and 120% of AMI.

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