Near the end of last year, the state of Colorado made a unique and unprecedented Vishrantwadi Packers Household Shifting in its affordable housing focus. The shift came as the result of funding that was received through a joint program between the U.S. Department of Housing and Urban Development (HUD) and the Department of Transportation (DOT). Earlier in the year, HUD and DOT released a joint statement announcing a partnership between the two departments, aimed at promoting affordable, sustainable housing developments. A total of $68 million was awarded to cities, counties and states across the U.S. Some of that money went to Colorado.

Colorado was awarded nearly $4.5 million through the new HUD-DOT program. In addition, the Environmental Protection Agency awarded grants to the cities of Denver and Aurora. The EPA grants will be used to clean up sites that are potentially developable, but can’t currently be used due to hazardous materials or pollutants. Grants will only be awarded for sites that are pre-determined and proven to be viable locations for housing or commercial development.

This innovative coming together of three federal departments is being undertaken in the hopes that streamlining the application and funding processes will speed planning and development, and make more money available for affordable housing-related projects.

The majority of the funding awarded to Colorado went to the City and County of Denver Community Planning and Development (just over $3.1 million) and the Colorado Department of Local Affairs (just under $1.3 million). Affordable housing advocates are hopeful that the additional funding, and easier application process, will encourage increased low-income development in Colorado.

Near the end of last year, the state of Colorado made a unique and unprecedented shift in its affordable housing focus. The shift came as the result of funding that was received through a joint program between the U.S. Department of Housing and Urban Development (HUD) and the Department of Transportation (DOT). Earlier in the year, HUD and DOT released a joint statement announcing a partnership between the two departments, aimed at promoting affordable, sustainable housing developments. A total of $68 million was awarded to cities, counties and states across the U.S. Some of that money went to Colorado.

Colorado was awarded nearly $4.5 million through the new HUD-DOT program. In addition, the Environmental Protection Agency awarded grants to the cities of Denver and Aurora. The EPA grants will be used to clean up sites that are potentially developable, but can’t currently be used due to hazardous materials or pollutants. Grants will only be awarded for sites that are pre-determined and proven to be viable locations for housing or commercial development.

This innovative coming together of three federal departments is being undertaken in the hopes that streamlining the application and funding processes will speed planning and development, and make more money available for affordable housing-related projects.

The majority of the funding awarded to Colorado went to the City and County of Denver Community Planning and Development (just over $3.1 million) and the Colorado Department of Local Affairs (just under $1.3 million). Affordable housing advocates are hopeful that the additional funding, and easier application process, will encourage increased low-income development in Colorado.