05/23/13

Evans Station Lofts is the first new affordable housing completed with support from the Denver Transit Oriented Development Fund

In 2004, residents in the Denver metropolitan area approved the creation of a dedicated funding source for the expansion of the Regional Transportation District’s multimodal transit system. Once complete, the expansion — known as the FasTracks program — will include more than 120 miles of commuter and light rail and 18 miles of bus rapid transit across 6 new lines. This historic transit expansion has been coupled with coordinated and strategic efforts from public- and private-sector partners to ensure that the investment in infrastructure supports not only local and regional economic development but also new opportunities for location-efficient affordable housing. One result of this work is taking shape along the Southwest light rail corridor, where the 50-unit Evans Station Lofts will soon become the first affordable housing project completed with funding from the Denver Transit Oriented Development Fund (TOD Fund).

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