Denver Public Schools Foundation and Grand Peaks expand educator housing initiative to address increasing demand for affordable housing in Denver.
The Denver Public Schools Foundation (DPS Foundation) is pleased to announce the expansion of its innovative housing initiative for educators, made possible through its partnership with Grand Peaks. Building on the success of the initial offering of 10 units at the Skyline at Highlands apartment complex, Grand Peaks is now providing an additional 10 units at a steep discount to meet the overwhelming demand from Denver Public Schools (DPS) teachers and paraprofessionals.
This unique initiative offers DPS classroom teachers and paraprofessionals access to high-quality, discounted housing in the brand-new Sorella Apartments community, located in Denver’s Loretto Heights neighborhood. Offered at a 50% discount for 12 months, monthly rents can start as low as $876, depending on the unit selected.
“The strong response we’ve continued to see from DPS educators shows just how critical affordable housing solutions are to support the teachers and staff who shape the future of our students,” said Sara Hazel, President and CEO, DPS Foundation. “We are deeply grateful to Grand Peaks for their ongoing partnership and commitment to expanding this opportunity to even more Denver educators, helping ensure that more educators can live in the community where they work.”
The ten new discounted units are available to current DPS classroom teachers and paraprofessionals who meet the 80% Area Median Income (AMI) restriction. The available units are studio and one-bedroom units. The Sorella Apartments offers residents amenities such as a 24/7 fitness center, a resort-style pool, multiple outdoor kitchens and fire pits, and a stylish rooftop lounge with private patio space.
“Creating housing opportunities that make a real difference is part of our mission at Grand Peaks,” said Nick Simpson, Co-CEO of Grand Peaks. “We’re proud to expand our partnership with the DPS Foundation and help provide accessible, high-quality housing that allows educators to live closer to the communities they serve.”
Interested educators who complete the interest form will be entered into a random drawing managed by the DPS Foundation. Winners will be notified prior to June 6, 2025 and will move in starting July 1, 2025. More than 80 educators have already signed up for the discounted housing, underscoring the ongoing and urgent need for affordable housing solutions for Denver’s public school workforce.