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Old Posted Dec 14, 2016, 12:17 AM
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Quote:
Originally Posted by Robert.hampton View Post
http://www.denverite.com/denver-housing-...nd-market-rate-private-developers-24449/

DHA has quite a few parcels under contract. Both at beendict park are for-sale condos.
That's a very good article by Adrian D. Garcia and dovetails nicely with the Erica Meltzer piece about Sun Valley that I linked to earlier as they'll be following the same template there.

Adrian does a splendid job of explaining how they redeveloped the old Denver slums including East Village and Mariposa, etc. IIRC the new philosophy of more mixed housing, market rate with different levels of affordability came from the R side of the aisle in collaboration with Dems during the GW Bush administration. Learning from past disasters, they hoped to create a better "mousetrap" going forward. Fortunately when they rolled out the Hope VI program funding, Denver/DHA was ready to go; they had shovel-ready plans. The results have been so impressive, they've done a phenomenal job, IMO.

EDIT: Appears that Hope VI funding originated under Clinton and was formalized in 1998 and picked up speed in the 2000's.
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