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Denver offering $12M in stimulus loans to redevelop foreclosed apartments

To qualify for the loans, a multifamily project must have five units or more - which makes it an apartment complex - and be located in eligible NSP2 neighborhoods. Those residential areas include Montbello, Green Valley Ranch, Northeast Park Hill, Elyria Swansea, Cole, Clayton, Chaffee Park, Globeville, Sunnyside, West Colfax, Villa Park and Westwood.

Projects in other areas might be eligible, on a case-by-case basis, according to the OED.  View full article

http://denver.bizjournals.com

Lumberyards mixed-use project set to rise along South Broadway

www.denverpost.com - Real estate investor Jon Cook has spent the past 40 years assembling property along South Broadway, and now he is getting ready to start an ambitious redevelopment plan.  Read more
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