Landri Taylor, Stapleton Foundation executive director, announced at the November CAB meeting a study into how the foundation could assist buyers in making down payments on affordable homes.
The city of Denver will not enforce the Green Book vision for rental housing at Stapleton. “While the Stapleton Development Plan (Green Book) is mentioned in the Development Agreement as ‘principles’ to be adhered to, the Development Agreement does not adopt those principles as enforceable terms,” says Denver’s housing director Rick Padilla.
The Northfield Apartments officially opened their doors to residents on Nov. 4.
All Denver residents will pay a tax and most builders will pay a development impact fee under Denver’s new affordable housing fund approved by Denver City Council Sept. 19 on a 9-4 vote.
Editor’s Note: The Front Porch received the op-ed below in opposition to the new affordable fund and solicited the piece in favor so readers can consider opposing views side by side.
The Denver City Council will vote Sept. 12 whether to create a permanent affordable housing fund whose revenue sources would be a 0.5 mill property tax and a “linkage” fee assessed on most new development.
Affordable housing has been an issue of abiding interest in Stapleton as rental and affordable for-sale units have lagged behind the goals established in the development agreement with Denver in 2001.
Mayor Hancock says Denver has a housing crisis.
Construction has begun on the single largest affordable for-sale homes project in Stapleton.
A meeting to air frustrations about lack of progress in meeting Stapleton’s affordable housing goals moved quickly to common ground on the daunting challenges facing housing activists and builders.