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Miller HudsonMiller HudsonJuly 13, 20186min481

Most of us experience confusion with the muddle of terminology surrounding affordable versus public housing. For the most part, public housing is a distinct subset within the affordable housing rubric. Nonetheless, a blurry line separates those whose economic circumstance requires public housing assistance from the fully employed who simply can’t locate housing they can afford. For nearly a century Colorado communities have acknowledged the necessity of providing a limited stock of publicly funded housing units for those with disabilities or poverty incomes. More recently school boards in our resort communities have found themselves financing housing units for teachers whose middle-class incomes fail to match market rentals. This is clearly a public housing demand of a different order.


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Adam McCoyAdam McCoyApril 18, 20183min429

A marijuana tax hike would help boost affordable housing efforts in Denver under a proposal released Monday by Denver Mayor Michael Hancock.

The plan would double the city’s Affordable Housing Fund annually – from $15 million to $30 million – and generate an additional estimated $105 million in funding for affordable housing over the next five years. To finance the $105 million funding surge, the city and the Denver Housing Authority would issue bonds.

“This proposal will deploy more funding quicker to support our residents and families without increasing costs on the very households we are working to serve,” Hancock said in part in a statement.

The funding would aid the city in acquiring new land for affordable housing and subsidizing new low-income housing projects. Ultimately, Denver officials say the funding boost would double its creation and preservation of units — from 3,000 units to at least 6,400 units over five years.

“Each additional unit represents a new opportunity for a family in Denver, which is why we continually look for creative ways to increase funding for affordable housing,” Denver City Council President Albus Brooks said in a statement.

Created in fall 2016, Denver’s current affordable housing fund has promised an estimated $150 million be dedicated to affordable housing efforts, including development and preservation, over a decade. The fund currently operates on a mix of property tax revenue and a one-time fee on new development, according to the city.

Denver’s plan would in part pay for the plan through a proposed increase in the marijuana sales tax from 3.5 percent to 5.5 percent, which the city says would generate an estimated $8 million per year. The city would also allocate $7 million per year from the general fund.

The plan has won some early praise from housing advocates like Brad Segal with All In Denver, who told Denverite he was surprised by the city’s “ambition” with the proposal.


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Joey BunchJoey BunchDecember 3, 20173min569
Mayor Michael Hancock is set to receive a big award in a ceremony in Denver Monday morning. The U.S. Conference of Mayors’ managing director, Jeffrey Bean, will present Hancock with the organization’s Partner America 2017 Small Business Advocate Award. The award was announced last month. “From early in his career, Mayor Hancock ha(d) the urge […]

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Mike McKibbinMike McKibbinFebruary 2, 201713min405

A 77-year-old building that played a key role in Denver's early history will try to help address the city's current affordable housing crisis, as the “Sloans Block 3” redevelopment project on the former St. Anthony Central Hospital site in northwest Denver gets underway this year. The project is being developed by Sloans Block 3 LLC, a joint venture of Koelbel and Co. and Trailbreak Partners, as a residential mixed-use, mixed-income project in the West Colfax neighborhood. It includes the restoration and adaptive reuse of the Kuhlman Building to provide 49 for-rent units affordable to households earning 60 percent area median income or below.


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Adam McCoyAdam McCoyJune 2, 201610min348

At a banquet dinner in his honor May 25, Denver Mayor Michael Hancock was given the moniker — “the heart and soul of Denver.” And, it’s no wonder. As the mile high city’s principal executive, Hancock has navigated Denver through a period of rapid growth during his nearly five years at the helm. The city is thriving and burgeoning — Denver’s economy is booming and dynamic, attracting droves of new residents and undergoing a cosmetic facelift of sorts in historic neighborhoods, to the dismay of some residents. The city has been on showcase nationally for its recreational marijuana commerce, job creation and overall growth.