DeGette Helps Secure $30 Million Affordable Housing Grant
Washington, DC – Congresswoman Diana DeGette (D-CO) today hailed the decision by the U.S. Department of Housing and Urban Development to provide a $30 million grant that she helped secure for affordable housing and neighborhood revitalization in Denver.
The HUD Choice Neighborhoods Implementation (CNI) Grant will help the Denver Housing Authority speed up the completion of the Sun Valley Homes redevelopment project. Last month, DeGette wrote a strong letter of support for the project to HUD Secretary Julian Castro.
“The Denver Housing Authority has a record of efficiently using federal funds to complete successful revitalization efforts that increase access to affordable housing,” DeGette said. The Sun Valley project will both improve the livability of the area and more than double its housing capacity.”
The Denver Housing Authority plans to replace 333 distressed units in the Sun Valley neighborhood and redevelop them into a mixed-income, mixed-model community of 750 new rental units. The project is expected to aid greatly in the city’s efforts to expand affordable housing.