About Us

Inside Real Estate News is Denver's best local resource for all things real estate.

Categories

1,000 affordable housing units a Denver goal

Highlights:

  • Denver unveils sustainability measures.
  • Goals cover 12 areas.
  • 1,000 affordable housing units is one of the goals.

 

Developing at least 1,000 new affordable housing apartment units, many of them near light rail stations, is one of the goals of a plan outlined today by Denver Mayor Michael Hancock and former Gov. Bill Ritter.

“These bold goals provide a roadmap to our residents, city agencies and businesses on how we can work together to enhance our quality of life today and in the future by preserving our resources,” Hancock said. “We have the opportunity to make substantial progress on these goals and elevate Denver’s reputation as a smart, livable city.”

From transit to housing to air quality, the 2020 Goals identify measurable steps the city, its businesses and its residents can take to enhance the quality of life by ensuring our resources are affordable and available for all Denver residents now and in the future.

The plan focuses on 12 resource areas and sets goals for the City and County of Denver as well as the community at-large.

Those resource areas are:

  • Air Quality
  • Climate Change
  • Energy
  • Food
  • Health
  • Housing
  • Land Use
  • Materials
  • Mobility
  • Water Quality
  • Workforce

The new Office of Sustainability will immediately begin implementing these goals through city agencies, community partners and public awareness campaigns.

“Denver has a proven track record for its sustainability programs and efforts that have been consistently recognized by local partners, national organizations and the federal government,” said Jerry Tinianow, the sustainability officer.

“As a core value of the Hancock administration, the goal of this new office will be to further Denver’s leadership in sustainability while preserving the city’s unmatched standard of living.”

Through a comprehensive process that included city agencies, the community and local businesses, Tinianow and his team developed the city’s 2020 Goals, and an executive order from the Hancock created the Office of Sustainability.

The aim is to build upon the accomplishments of Greenprint Denver, a mayor’s office initiative that positioned Denver as one of the most sustainable cities in the nation. Greenprint Denver was launched by former Mayor John Hickenlooper in October 2007.

“This is an exciting time for sustainability and the New Energy Economy in Denver,” said Ritter.  “I believe the 2020 Sustainability Goals will place Denver at the forefront of innovative city managing while cultivating new markets and leading industries to drive job creation and economic development.”

As far as the 1,000 new housing unit, they would be aimed at those earning 80 percent of the area median income. At least 75 percent of the new apartment communities would be within a half mile of a light rail station or a quarter of a mile from an enhanced bus corridor. Such projects often are called transit-oriented developments, or TODs.

The goal is to ensure that at least 80 percent of neighborhoods in Denver area rated as “affordable” using the Neighborhood Technology H+ T Index, while preserving the diversity of neighborhoods.

To learn more, please visit Greenprint Denver.

Have a story idea or real estate tip? Contact John Rebchook at  JRCHOOK@gmail.com. InsideRealEstateNews.com is sponsored by Universal Lending, Land Title Guarantee and 8z Real Estate. To read more articles by John Rebchook, subscribe to the Colorado Real Estate Journal.