denver affordable housing fund
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Denver OKs funding surge for affordable housing
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Denver is doubling down on its efforts to boost affordable housing in the city with officials approving an increase in its dedicated fund. The city’s new plan was approved Monday by the Denver City Council in two ordinances and was expected to be signed into law Tuesday by Denver Mayor Michael Hancock. The plan will…
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Denver aims to double affordable-housing fund with pot-tax hike
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A Denver City Council committee on Wednesday advanced an affordable-housing plan that depends on raising the sales tax on recreational marijuana. Mayor Michael Hancock’s office said raising the city’s retail marijuana tax rate from 3.5 percent to 5.5 percent would allow Denver to increase its Affordable Housing Fund from $15 million to $30 million a…
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Could land trusts help solve Denver’s affordable housing woes?
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In the face of a housing crisis – prices too high; availability too low – Denver wants to explore a creative way of boosting its affordable housing stock: land trusts. This week, the city began the process of fielding proposals for community land trust concepts it hopes would help alleviate the city’s high cost of…
