office of economic development
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Surprised by affordable housing status, Denver woman could have been forced from home
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The story of a Denver woman told by the city she couldn’t sell her Green Valley Ranch home for market value because of affordable housing rules got more complicated last week. We shared FOX31’s scoop in January on Cynthia Lopez, who in the process of selling her home was surprised to learn the property was a…
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Denver’s ‘housing czar,’ tasked with tackling city’s affordable housing woes, quits
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Erik Soliván’s expertise was going to bring a fresh perspective to the city’s approach to the affordable housing crisis, Mayor Michael Hancock said one year ago. Soliván took over at the helm at Denver’s new Office of Housing and Opportunities for People Everywhere or HOPE just over a year ago, but the city leader often…
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Denver wants to help local business ventures with start-up cash
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Denver is looking to ease growing pains for three local business ventures with a potential six-figure cash infusion. Designed to invigorate Denver‘s small business climate and promote local job growth, city officials announced a venture capital competition, pitting local startups against each for a cash award. The “Race to the Raise” competition opened May 15 to early-stage…
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Economic development plan targets affordable housing, grocery stores
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With an economy considered one of the strongest in America, the City and County of Denver wants to build on its success and identify future business trends and workforce needs, help address the affordable housing issue and locate up to three grocery stores in underserved communities. Those were among the goals recently outlined to the…
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Denver’s $4M Target store incentive scrutinized
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Several Denver City Council members have reservations about a proposed $4 million loan to help see a Target open on the downtown 16th Street Mall. The city’s budget and management office is requesting a $4 million supplemental appropriation for the Office of Economic Development’s Business Incentive Fund. That office wants to loan the funds to…
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Business tax credit program to continue
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A business tax credit program that helped create over 2,200 new jobs and businesses to invest more than $200 million since 2013 is headed for a five-year renewal by Denver City Council. An ordinance amending the Denver Revised Municipal Code regarding the review and sunset of the Business Investment Program, established in 2013 for a…
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Climate Action Plan bill riles skeptical House Republicans
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On Tuesday, state House members were united in Broncos orange to celebrate the Super Bowl champions. They were not at all united in environmental green when discussing the state’s plan to address climate change. Republicans and Democrats extended floor debate for a second day over a bill that would create measurable goals and deadlines as…
