Grants Strengthen Denver Area Nonprofits to Advance Affordable Homes and Equitable Development
Nine local nonprofits focused on the creation and preservation of affordable homes and building sustainable, equitable neighborhoods throughout the city have received a total of $510,000 in grants from Enterprise Community Partners, Inc. this funding round.
“The grants continue Enterprise’s commitment to bring housing solutions within reach for individuals and families struggling in this tough housing market.” said Jennie Rodgers, Vice President and Market Leader for Enterprise’s Denver market office.
The grants are made possible through the U.S. Department of Housing and Urban Development’s (HUD) Capacity Building for Community Development (Section 4) program. Funding from this proven and effective program helps community development corporations (CDCs) improve their organizational structure, program delivery and production of affordable housing.
“The Fax is excited to be a first-time recipient of the Section 4 grant program. As a fifteen-year old non-profit working along the East Colfax corridor, our organization has been dedicated to economic development of this important street. However due to unequal economic growth and Denver metro's acute affordable housing crisis, our organization has pivoted to promote affordable housing development and greater equitable development of this area and the Section 4 program is an important funding tool to support our work" said Monica Martinez, The Fax Partnership: East Denver Colfax Partnership.
Grants were awarded to:
Archway Investment Corporation
Colorado Coalition for the Homeless
Habitat for Humanity of Metro Denver
Second Chance Center, Inc.
St. Francis Center
The Delores Project
The Fax Partnership: East Denver Colfax Partnership