According to Denverite and the Colorado governor’s office, Proposition 123 funding will support five Denver housing developments. Their income bands and housing models differ substantially.
The five projects
1139 Delaware
- Neighborhood
- Golden Triangle
- State award
- $3.5 million
- Planned homes
- 80
- Income band
- 30% AMI 或以下
为正在经历或面临无家可归风险的个人及家庭提供支持性住房和现场服务。
Park Place Apartments
- Neighborhood
- Sun Valley
- State award
- $4 million
- Planned homes
- 80
- Income band
- 80%–120% AMI
采用工厂化建造方式，规划两居室和三居室，主要面向家庭。
Montbello Townhomes Phase I
- Neighborhood
- Montbello
- State award
- $1.45 million
- Planned homes
- 39
- Income band
- 30%–60% AMI
出租联排住宅，重点满足人口较多家庭的空间需求。
The Commons at Mosaic
- Neighborhood
- 原 Johnson & Wales 校区
- State award
- $6 million
- Planned homes
- 58
- Income band
- 30%–60% AMI
在现名 Mosaic Community 的原大学校园内建设出租住宅。
Townview Apartments
- Neighborhood
- Sloan Lake / West Colfax
- State award
- $3.5 million
- Planned homes
- 160
- Income band
- 40%–80% AMI
由多户型公寓楼和联排住宅组成的混合社区。
Where does the funding come from?
The money comes from Proposition 123, approved by Colorado voters in 2022 to dedicate a share of state income-tax revenue to affordable housing. Final award details remain subject to completion.
What could this mean locally?
Four hundred seventeen homes will not reshape the entire metro market, but the projects add supportive housing, family-sized rentals, and homes serving several AMI bands in specific neighborhoods. Timelines and eligibility should be confirmed as each development advances.