Affordable Housing Fund
Denver’s Affordable Housing Fund (AHF) represents the first dedicated source of local funding to support affordable housing development, preservation, and programs. Prior to creation of the AHF, Denver primarily invested federal funds toward housing, though the city started allocating one-time funds through annual budget appropriations including a $3 million contribution in 2014, a $3 million contribution in 2015, and an $8 million contribution in 2016. Created in 2016 and doubled in 2018, the Affordable Housing Fund is resourced through property tax, a per square foot fee on new development called a “linkage fee,” sales tax on recreational marijuana, and the General Fund. It is administered by Denver’s Department of Housing Stability (HOST) and provides approximately $30 million annually to help address Denver’s affordable housing needs.
Does not prioritize beyond eligibility requirements