Denver moves ahead on affordable-housing redevelopment

Colorado Politics highlights plans for affordable housing redevelopment in Denver.

 

“After the Denver City Council approved nearly $3 million in no-interest, forgivable city loans, the Denver Housing Authority is moving forward in its first redevelopment phase of the city’s oldest – and poorest –  subsidized housing community, the Sun Valley neighborhood.

The council passed the loan agreement in a 12-0 vote Monday, with Councilwoman Kendra Black absent. The decision was made as part of a block vote with no discussion.

With about $71.5 million now secured for the first phase of development from state, federal and private funding, there will be two initial construction projects.”

 

Read more on Colorado Politics here.