DPS should not sell the land — rather it can lease it out for a 99-year term for $1 to developers who commit to long term affordability.
recently led the way, working with Habitat for Humanity to build housing. Here in Denver the city did something similar with McGregor Square, allowing the Colorado Rockies to develop a parking lot. The cost savings helped allow for a Tattered Cover to be situated there.
Next, we will partner with developers interested in building educator-based housing. Mercy Housing, a not-for-profit developer headquartered in Denver, is already innovating on housing options for educators. This week, they are announcing a partnership with Meta to build housing for teachers in Santa Clara, California. In partnership with the county and the local school districts, Mercy Housing received a sizable donation from Meta to create 110 affordable homes for educators and school staff.
These three attainable steps — cheap land acquisition, expedited zoning processes, and partnerships with public developers, with private engagement — can allow Denver to quickly realize its obligation to our educators. We are encouraged by the community agreement processes that have occurred with Fox Park and the Ball Arena discussions presently and believe a similar community-based discussion within DPS is needed.
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