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TIF

Tax Increment Financing

Forget the legacy project. Give tax increment financing money back to the schools

19 July 2020 by Welton Corridor

  “The City of Denver is planning a project to completely reconstruct the 16th Street Mall with an estimated price tag in excess of $100 million. On Monday night Denver City Council, our elected officials, will vote to commit tax dollars to help make it happen, but those dollars come with a twist: about $30 … [Read more…]

Posted in: IN THE NEWS Tagged: 16th street mall, Denver Urban Renewal Authority, DURA, Funding, Schools, Tax Incriment Financing, TIF

One man delayed several major area projects. One town fought back.

11 July 2019 by Welton Corridor

  “Since Eric Sutherland first stepped into a courtroom about five years ago, he’s represented himself in at least nine lawsuits for pennies on the dollar compared to his taxpayer-funded opponents. Through mid-June, those government agencies have spent more than $910,529 on litigation involving the Fort Collins community activist since 2014 — and those costs … [Read more…]

Posted in: IN THE NEWS Tagged: blight, Coloradoan, Eric Sutherland, Fort Collins, lawsuit, Tax Incriment Financing, TIF

Denver to build 176 units affordable housing for seniors, people with disabilities

7 February 2018 by Welton Corridor

  “It’s called Vida at Sloan’s: 176 one-bedroom units with an activity facility, rooftop garden and commercial space on the ground floor. Tenants would pay one third of their gross income for rent. “It’s about a $64 million price tag on this building,” said Ryan Tobin, the director of Real Estate Development for the Denver … [Read more…]

Posted in: IN THE NEWS Tagged: affordable, Denver Housing Authority, Denver Public Schools, Denver Urban Renewal Authority, DHA, disabled, DPS, DURA, Housing, Ryan Tobin, Schools, seniors, tax-increment financing, TIF, Tracy Huggins, Vida at SLones

Not all tax-increment financing is created equal

9 November 2017 by Welton Corridor

“On behalf of counties across the state, I want to express strong support for The Denver Post’s notion of ensuring adequate accountability in the use of tax-increment financing (TIF). This is a message that counties, whose property taxes until recently were diverted for TIF projects without their consent, have been bringing to the General Assembly … [Read more…]

Posted in: IN THE NEWS, LEGISLATION Tagged: Denver Post, House Bill 1348, opinion, Regional Tourism Act, tax-increment financing, TIF

Judge keeps alive fire district’s lawsuit against Parker urban renewal authority

27 October 2017 by Welton Corridor

“A district judge in Douglas County this week declined to dismiss a lawsuit in which South Metro Fire Rescue accused Parker’s urban renewal authority of improperly collecting taxes that should have gone to the firefighting agency. South Metro Fire Rescue sued in June, claiming that it could lose out on $16 million over the next … [Read more…]

Posted in: IN THE NEWS Tagged: Denver Post, Parker, South Metro, TIF, Urban Renewal

Judge denies motion to dismiss South Metro Fire’s lawsuit against Parker’s urban renewal authority

25 October 2017 by Welton Corridor

“A district court judge in Douglas County has denied a motion filed by Parker’s urban renewal authority to dismiss a lawsuit brought against it by South Metro Fire Rescue. South Metro filed the suit June 5, alleging the Parker Authority for Reinvestment distributed funds inappropriately, thus depriving SMFR of revenue needed to provide fire and … [Read more…]

Posted in: IN THE NEWS Tagged: DOuglas County, lawsuit, public safety, South Metro Fire, tax-increment financing, TIF, URA, Urban Renewal Authority

Wheat Ridge will not challenge judge’s crackdown on urban renewal limits

10 October 2017 by Welton Corridor

“The Wheat Ridge City Council late Monday decided not to challenge a recent court ruling that invalidated restrictions the city had placed on the use of urban renewal tactics, intensifying a debate over an issue that has proven divisive in Colorado’s economic development circles. The council voted 5-3 to not appeal last month’s Jefferson County … [Read more…]

Posted in: IN THE NEWS Tagged: Independence Institute, Mike Krause, tax-increment financing, TIF, Urban Renewal, Wheat Ridge

Artist makes Denver more beautiful with a paint brush

18 September 2017 by Welton Corridor

“The piece near the Alameda RTD station will take at least a month to complete, with days lasting up to 10 hours. The artist, Aaron Glasson is being compensated through the Denver Urban Renewal Authority – a group that partners with different developers in the city – and helps fund their projects through TIF – … [Read more…]

Posted in: IN THE NEWS Tagged: Art, Denver Urban Renewal Authority, DURA, RTD, tax-increment financing, TIF

Coloradans are pushing back on urban renewal abuse

4 July 2017 by Welton Corridor

  “In June, a south suburban Denver fire district filed suit against the urban renewal authority (URA) in Parker, Colorado over the diversion of property taxes to subsidize redevelopment projects. Also in June, news broke that the URA in Arvada, Colorado in the north metro Denver area sold a 9-acre parcel of land to a … [Read more…]

Posted in: IN THE NEWS, LEGISLATION Tagged: blight, fire department, law, Legislation, property tax, school, tax-increment financing, The Hill, TIF, Urban Renewal

Denver’s urban revitalization comes with a hidden cost

9 June 2017 by Welton Corridor

  “The Renaissance of Lower Downtown should be celebrated along with the politicians, civic leaders and public policies that helped urban revitalization occur at an incredible pace in a once nearly abandoned part of the city. The Denver Post’s Jon Murray recently documented LoDo’s rapid growth over the last three decades: a population rising from … [Read more…]

Posted in: IN THE NEWS Tagged: budget, Denver Post, finances, property tax, quasi-government, tax-increment financing, TIF
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About

Informational links, announcements, and media coverage for Denver, Colorado's Welton Corridor neighborhood meetings, development projects, transit issues, Business Improvement District, and community affairs.

Recent Posts

  • A New Bar and Plant Store Is Finally Ready to Bloom in Five Points 16 March 2023
  • Longtime Five Points soul food restaurant reopening in new location 20 February 2023
  • What’s going on with shared streets? City officials shared an update on them this week 17 February 2023
  • Five Points’ New Businesses Show an Optimistic Future for the Neighborhood 15 February 2023
  • This Denver district’s crime rate was 91% higher than the second worst districts’ 14 February 2023
  • A play about Five Point’s past offers hopes of a more collaborative future 13 February 2023
  • Melody Market will close at the end of January. It’s the latest Black-owned business to leave Welton Street 19 January 2023
  • Haroun Cowans, new chair of the Five Points BID, talks the future of Welton Street 16 January 2023
  • Three-plus miles of Broadway, Welton will go car-free for ‘ciclovía’ on four Sundays this year 13 January 2023

Upcoming Events

Apr
3
Mon
2023
3:30 pm Denver City Council Meeting @ Cathy Reynolds City Council Chamber
Denver City Council Meeting @ Cathy Reynolds City Council Chamber
Apr 3 @ 3:30 pm – 8:00 pm
Denver City Council Calendar https://denver.legistar.com/Calendar.aspx Monday Meetings Begin at 3:30 p.m. and recess between 5:00 and 5:30 p.m. for the General Public Comment. The council meeting continues at 5:30 p.m. City Council meetings are open ... [Read more...]
Apr
6
Thu
2023
6:30 pm Curtis Park Neighbors Public Mee... @ Mile High United Way
Curtis Park Neighbors Public Mee... @ Mile High United Way
Apr 6 @ 6:30 pm – 8:00 pm
  The Curtis Park Neighbors meets at 6:30 pm the first Thursday of every month at Mile High United Way 711 Park Avenue, Denver, CO.   AGENDA   Curtis Park Neighbors website.   Meeting dates ... [Read more...]
Apr
10
Mon
2023
3:30 pm Denver City Council Meeting @ Cathy Reynolds City Council Chamber
Denver City Council Meeting @ Cathy Reynolds City Council Chamber
Apr 10 @ 3:30 pm – 8:00 pm
Denver City Council Calendar https://denver.legistar.com/Calendar.aspx Monday Meetings Begin at 3:30 p.m. and recess between 5:00 and 5:30 p.m. for the General Public Comment. The council meeting continues at 5:30 p.m. City Council meetings are open ... [Read more...]
Apr
12
Wed
2023
7:00 pm Heart of Five Points RNO Meeting
Heart of Five Points RNO Meeting
Apr 12 @ 7:00 pm – 8:30 pm
Heart of Five Points webpage https://www.heartoffivepoints.com/ Meetings second Wednesday of the month 7:00 PM
Apr
17
Mon
2023
3:30 pm Denver City Council Meeting @ Cathy Reynolds City Council Chamber
Denver City Council Meeting @ Cathy Reynolds City Council Chamber
Apr 17 @ 3:30 pm – 8:00 pm
Denver City Council Calendar https://denver.legistar.com/Calendar.aspx Monday Meetings Begin at 3:30 p.m. and recess between 5:00 and 5:30 p.m. for the General Public Comment. The council meeting continues at 5:30 p.m. City Council meetings are open ... [Read more...]
Apr
24
Mon
2023
3:30 pm Denver City Council Meeting @ Cathy Reynolds City Council Chamber
Denver City Council Meeting @ Cathy Reynolds City Council Chamber
Apr 24 @ 3:30 pm – 8:00 pm
Denver City Council Calendar https://denver.legistar.com/Calendar.aspx Monday Meetings Begin at 3:30 p.m. and recess between 5:00 and 5:30 p.m. for the General Public Comment. The council meeting continues at 5:30 p.m. City Council meetings are open ... [Read more...]
May
1
Mon
2023
3:30 pm Denver City Council Meeting @ Cathy Reynolds City Council Chamber
Denver City Council Meeting @ Cathy Reynolds City Council Chamber
May 1 @ 3:30 pm – 8:00 pm
Denver City Council Calendar https://denver.legistar.com/Calendar.aspx Monday Meetings Begin at 3:30 p.m. and recess between 5:00 and 5:30 p.m. for the General Public Comment. The council meeting continues at 5:30 p.m. City Council meetings are open ... [Read more...]
May
4
Thu
2023
6:30 pm Curtis Park Neighbors Public Mee... @ Mile High United Way
Curtis Park Neighbors Public Mee... @ Mile High United Way
May 4 @ 6:30 pm – 8:00 pm
  The Curtis Park Neighbors meets at 6:30 pm the first Thursday of every month at Mile High United Way 711 Park Avenue, Denver, CO.   AGENDA   Curtis Park Neighbors website.   Meeting dates ... [Read more...]
May
8
Mon
2023
3:30 pm Denver City Council Meeting @ Cathy Reynolds City Council Chamber
Denver City Council Meeting @ Cathy Reynolds City Council Chamber
May 8 @ 3:30 pm – 8:00 pm
Denver City Council Calendar https://denver.legistar.com/Calendar.aspx Monday Meetings Begin at 3:30 p.m. and recess between 5:00 and 5:30 p.m. for the General Public Comment. The council meeting continues at 5:30 p.m. City Council meetings are open ... [Read more...]
View Calendar

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