Investors buy old hotel, turn it into 139 mini-apartments for homeless

May 2024 · 2 minute read

- The Colorado Coalition for the Homeless (CCH), a non-profit organisation, has purchased an $8.4 million former hotel to help alleviate homelessness

- The newly-renovated building, now called Fusion Studios, has since become a complex with 139 mini-apartments for the homeless

- Fusion Studios now serves as a shelter for homeless people who are struggling to survive in Denver, USA

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In an effort to address the plight of people, the Colorado Coalition for the Homeless (CCH), a non-profit organisation in Denver, has purchased an $8.4 million (which is about R124 million) former hotel to help alleviate homelessness in the area.

The newly-renovated building, now called Fusion Studios, has since become an apartment block with 139 mini-units for the homeless.

We learnt that since 1985, the organisation has been working to provide housing and support to the increasing number of homeless people in the United States.

In Denver alone, there are at least 5 750 homeless people.

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When John Parvensky, president and CEO of the organisation, learned that Quality Inn and Suites, a local hotel on a major road, was up for sale, he grabbed the opportunity to turn it into a homeless shelter.

Using funds from the city, state and private organisations, CCH purchased the hotel, renovated the property and renamed it to Fusion Studios.

Fusion Studios, the 17th building of its kind that CCH has established, now serves as a shelter for homeless people who are struggling to survive the city's 'urban camping ban', which is still being implemented despite the unconstitutional ruling of a county judge.

The project, which was born out of desperation, will help people who are on the streets to have a place to call their home.

Homeless people from the city are welcome at Fusion Studios, where the monthly rent payment is just 30 percent of their income or disability benefits, typically just $100 a month.

They have access to a room that is equipped with a private bathroom and kitchen with basic amenities such as a bed, a table and chairs, a cabinet, a television, a mini-refrigerator, a microwave and a food pantry.

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