Denver Launches Tax Break Program for Middle-Income Housing - Denver ...
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Denver mayor piloting new tax break for middle-income housing projects
Denver Mayor Mike Johnston is giving up some property tax dollars to get more homes built for the city’s middle class. At a Wednesday press conference, he announced the creation of a middle-income housing pilot program in conjunction with the Denver Housing Authority and Denver’s Department of Housing Stability, or HOST. Under the program, up to five new housing projects restricted to those making between 60-100% of the area median income will b…
Denver to offer developers tax incentives to build middle-income housing
Denver Mayor Mike Johnston is aiming to convince middle-income families that the city is "affordable" with a new pilot program seeking to build more units for those with an annual income between $60,000 and $100,000.
Pilot program aims to support new middle-income rental housing in Denver
DENVER (KDVR) -- The Denver Housing Authority has partnered with the city and county of Denver to launch a pilot program aimed at supporting the development of new middle-income rental housing. Through the program, Denver's Department of Housing Stability and DHA will provide property tax relief to unlock "otherwise financially infeasible projects" and expand housing options for Denver's "essential workforce," the mayor's office said Wednesday. …
Denver pilot program aims to provide more affordable housing options for middle-class renters
DENVER The City and County of Denver and the Denver Housing Authority on Wednesday announced a new pilot program that aims to create more affordable housing opportunities for middle-income earners.The Partnership for Middle Income Housing Pilot Program will give property tax relief to developers who build projects that have units accessible to people making around $60,000 to $100,000 a year.In a release, the City of Denver said, "Eligible projec…
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