Denver has adopted a five-year housing policy, strategy and investment plan that outlines the strategies that will guide the city’s affordable housing investments to create and preserve diverse housing options that are accessible and affordable to all residents.
Housing an Inclusive Denver is centered around four fundamental values:
- Leveraging and enhancing housing investments to support inclusive communities
- Identifying ways to foster communities of opportunity around good homes, good jobs, good schools and access to more transportation options and health services.
- Looking at housing as a continuum that serves residents across a range of incomes, from people experiencing homelessness to those living on fixed incomes.
- Embracing diversity throughout our neighborhoods to ensure that Denver remains a welcoming community for all residents.
“The adoption of our plan is a milestone in our work to ensure safe, affordable and accessible housing for every Denver resident,” says Mayor Michael Hancock. “This plan will guide our future housing investments in a way that reflects our city’s values, especially when it comes to helping lift up those residents that need our support the most.”
Action plans that support the implementation of Housing an inclusive Denver will be adopted annually by the Denver Office of Economic Development. The 2018-2023 plan recommendations include investment guidelines balanced along the income spectrum, with 40 percent to 50 percent of the city’s combined housing resources supporting people experiencing homelessness and/or earning between 31 percent and 80 percent of area median income and 20 percent to 30 percent of investments serving residents seeking to become homeowner or remain in the homes they own.