Approval of $2.61 Million HUD HOME FY24 Program Grant
- When: 2025/01/06
- Address: Citywide, Denver, CO
- City: Denver
- State: CO
- Category: Economic Development Incentives
- Subcategory: Grants
- Grant Agency: HUD
- Asset Class: Multifamily
- Property Type: Affordable Housing
- Size (Dollars): $2.61M
The Denver City Council approved a $2.61 million HUD grant under the HOME FY24 program. The funding supports the development and maintenance of affordable housing for low-income households. The grant facilitates partnerships with nonprofits and leverages private sector participation to expand housing capacity citywide.
Why it Matters
This funding directly addresses Denver's housing affordability challenges by supporting the creation of affordable housing units and fostering collaborative housing initiatives.
