Denver’s housing efforts take shape with leadership announcements

Director of housing & neighborhood development and senior housing consultant to advance city housing plan, other key initiatives

The Denver Office of Economic Development (OED) today announced the hiring of a dynamic housing team to advance the city’s housing plan and other key initiatives. Rick Padilla will serve as the director of housing and neighborhood development and Milroy A. Alexander has been retained as a housing consultant to the OED for up to 18 months.

The announcements provide leadership for successful implementation of the Mayor’s 3x5 housing initiative as well as several housing and neighborhood development initiatives that are outlined in the OED’s JumpStart economic development strategic plans.

“Denver’s spike in population, mass transit expansion and significant housing development growth call for bold, top-notch leadership to ensure the livability of our city,” said Denver Mayor Michael B. Hancock. “We here in Denver have the audacity to believe that anyone who wants to live in the city should not be forced out because of cost. Rick and Roy provide a wealth of experience to advance our efforts to create affordable and sustainable housing for all.”

As the director of housing and neighborhood development beginning June 2, 2014, Padilla will provide strategic direction and oversight of OED’s community development efforts and collaborate with the community to protect and enhance Denver’s distinctive neighborhoods and housing opportunities.

“I look forward to cultivating partnerships within our housing, development and finance communities to build and preserve sustainable housing options for all within the city,” said Padilla. “The Mayor’s 3x5 initiative provides a strong call-to-action that we will achieve and expand upon to make Denver an accessible and livable city today and for future generations.”

Last year, Mayor Hancock challenged the real estate development community to join the city in building, rehabilitating and preserving at least 600 affordable units annually for a five-year period. Dubbed the “3x5 Initiative” for completing 3,000 units total, the program is making swift progress. The OED has supported the construction and/or rehabilitation of 731 units that are targeted for completion during the first year.

Other significant housing efforts underway include:

  • Drafting a new Denver Housing Plan in collaboration with the Mayor’s Housing Advisory Committee;
  • Revising the Inclusionary Housing Ordinance in partnership with the Denver City Council;
  • Establishing and allocating an affordable housing fund; and
  • Convening regional stakeholders for a housing summit this fall.

 

To assist in completing the OED’s housing agenda, Alexander was recently retained as a professional consultant, providing advisement to executive management.

“Roy has enabled us to move quickly in terms of engaging the Mayor’s Housing Advisory Committee to formulate a primary guide that informs the city’s housing policy and future resource allocations,” said Paul Washington, OED executive director. “We look forward to rolling out a housing plan to the community soon and to garner a broad exchange of ideas.”

Rick Padilla Background
Padilla brings more than 25 years of experience in housing and community development to the OED. Formerly the director of strategic markets for Freddie Mac’s corporate relations and housing outreach department, Padilla has helped create single and multifamily affordable housing policy at both the city and state level. He previously worked as a national business development manager with NeighborWorks® America. Padilla is a past chairman of the Colorado Division of Housing board of directors, former member of the Colorado State Banking board, served on the Colorado Blue Ribbon Panel on Housing and was chair of the Denver Housing Trust Council during the Webb administration.

Padilla holds a bachelor’s in Urban Studies, Magna Cum Laude, from the University of Colorado, as well as a master’s degree in Public Administration and a law degree from the University of Kansas.

Roy Alexander Background
Alexander is the former executive director and CEO of the Colorado Housing and Finance Authority, where he worked for more than 21 years. He is a Rose Community Foundation trustee and serves on the boards of the Lowry Redevelopment Authority, Northeast Denver Housing Center and Urban League of Metropolitan Denver. During the past year he has served on the Mayor’s Housing Advisory Committee and has been working with the OED on drafting of the upcoming Denver Housing Plan.


Posted on Wednesday, May 28, 2014 (Archive on Tuesday, August 26, 2014)
Posted by woodoed  Contributed by woodoed