News Releases

Friday, January 30, 2009 (696 reads)

New Boundaries Will Boost the Number of Businesses Eligible for State Tax Incentives, Create Revitalization Along Morrison Road

More businesses in Denver will now be eligible for special state tax incentives available in the City’s Enterprise Zone, thanks to a recommendation made by the Office of Economic Development (OED) to expand the boundaries to include Morrison Rd. from Knox Ct. to Sheridan Blvd., and Alameda Ave., from Knox Ct. to Federal Blvd.

Friday, January 16, 2009 (567 reads)
Program to Ease the Impact of Residential Foreclosures in Denver

The Denver Office of Economic Development (OED) recently received $25 million in funding to launch a Mortgage Credit Certificate Program to prevent foreclosures and spur the revitalization of neighborhoods impacted by foreclosure. The program, to be launched in May, is funded through $15 million from Denver’s Private Activity Bond capacity and $10 million from the State of Colorado PAB capacity provided through the Housing and Economic Recovery Act of 2008.
Monday, December 15, 2008 (716 reads)

RFPs to be Issued in Early 2009 for Temporary Assistance for Needy Families, Workforce Investment Act Programs

Community-based organizations play a critical role for the Denver Office of Economic Development (OED) in offering its various workforce development programs. The office annually partners with a variety of organizations in achieving its mission of placing residents with skill development and job placement opportunities.

Monday, November 17, 2008 (648 reads)
Public Comment Period for Strategy Addressing Acquisition/Redevelopment of Foreclosed Properties Runs Through November 30

The Denver Office of Economic Development has released a draft action plan of how the City and County of Denver will administer the federal Neighborhood Stabilization Program (NSP) activities.
Monday, October 20, 2008 (671 reads)
Credits will be used to stimulate job growth and economic investment in urban and rural communities

The Colorado Growth and Revitalization Fund, LLC (CGR Fund), a partnership between the Colorado Housing and Finance Authority (CHFA), the City and County of Denver, and the Colorado Enterprise Fund, was awarded $35 million in New Market Tax Credits by the U.S. Treasury Department earlier today. New Market Tax Credits are used to spur job growth and private-sector economic investment in traditionally underserved low-income areas in urban and rural communities.

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Derek Woodbury
Communications Director
720-913-1608
derek.woodbury@denvergov.org

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