Fund for affordable housing in transit-oriented developments to expand beyond Denver
“Denver Mayor Michael Hancock and other dignitaries gathered Tuesday to launch an expansion of the Denver Transit-Oriented Development Fund for affordable homes, a $24 million endeavor.
The fund, which was created to operate within the city of Denver, will expand to include the seven-county metro area.
The $24 million fund will be used to finance property acquisition and pre-development loans for developers creating and preserving affordable homes along transit corridors in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties.”
Armbrister, Molly. Denver Business Journal 16 December 2014.