The Denver Regional TOD Fund is a land acquisition fund supporting the preservation and creation of affordable housing near current and future transit stations in the Denver region. Since 2010, this partnership between the Urban Land Conservancy, Enterprise Community Partners and the City and County of Denver, along with several other investors, has facilitated the preservation or creation of more than 626 affordable units by extending $13.5 million in capital available at a low interest rate to enable the purchase and holding of sites by affordable housing developers for up to five years. Originally limited to acquisitions within Denver County, the fund was expanded in 2015 into a $24 million regional resource that can also be used to preserve affordable properties or future affordable development opportunities throughout the Denver region.
For More Info:
Brad Weinig, Enterprise Community Partners
Email: [email protected]