Denver Housing Authority Launches Pilot Program with Tax Breaks as Broncos Buy Land Near Burnham Yard and 310-Unit Development Begins

Denver is witnessing increased activity in the housing and development sector with multiple initiatives and projects underway. The Denver Housing Authority (DHA) has partnered with the City and County of Denver to launch a pilot program aimed at supporting the development of new middle-income rental housing to address rising housing costs. This initiative includes offering tax breaks to developers as an incentive. Concurrently, construction has begun on a 310-unit multifamily development in Denver's River North Art District. Additionally, a Greenwood Village-based developer is involved in a proposed project along the I-70 corridor. The Denver Broncos have also been active in acquiring land near the potential Burnham Yard stadium site, including DHA land, which comes with housing-related conditions. Earlier this year, the company behind these purchases identified Denver as a target market and acquired another apartment community in nearby Parker, signaling a broader regional investment trend.