Aug. 23--The city of Lone Tree, known for its golf course and luxury shopping mall, is now slated for hundreds of units of affordable rental housing centered around a forthcoming light rail stop. Lone Tree's City Council unanimously approved Coventry Development's "attainable housing plan" for the eastern side of the company's long-in-the-works RidgeGate neighborhood on July 17. The plan calls for a minimum of 350 housing units that will be reserved for residents making between 40 and 60 percent of the area median income for the Denver-Aurora-Lakewood statistical area.
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