affordable housing
Denver’s ULC Acquires Property for New Library and Affordable Housing With TOD Funds
The Urban Land Conservancy (ULC) today announced the purchase of a two-acre parcel of land along west Denver’s FasTracks light rail corridor that will be developed to include the new west Denver library, a mixed-use workforce housing development, and commercial space. The acquisition is expected to provide opportunity for additional transit oriented development near light [...]
Chicago housing advocates are close to tapping Tax Increment Financing (TIF) for rehab projects
After two years of trying, Chicago’s affordable-housing activists may be just a month away from tapping into the city’s supposedly vast Tax Increment Financing (TIF) funds. Depending on the outcome of work that’s going on now to bridge the gap between two competing ordinances, this could mean between about $50 million to $100 million a [...]