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Denver Housing Authority outlines Sun Valley transformation, asks council for $20 million bond
Summary
The Denver Housing Authority told the South Platte River Committee that Sun Valley has been redeveloped from 333 public-housing units into 965 DHA units with extensive infrastructure and park plans; DHA requested $20 million in bond funding to complete Phase 2 of Riverfront Park and the broader transformation.
The Denver Housing Authority on Wednesday walked the South Platte River Committee through more than a decade of planning and construction in the Sun Valley neighborhood and asked the city for an additional $20 million in bond funding to complete the project’s next phase.
"This property began with 333 aging homes, a concentration of 1,400 very low income residents," said Renee Martinez Stone, DHA chief strategy and planning officer, describing the site’s history and the agency’s Healthy Living Initiative, a resident-focused planning approach DHA said it first piloted during Mariposa redevelopment. Martinez Stone said DHA used planning grants in 2013 and HUD implementation funding in 2015 to align housing, health indicators and resident services.
Erin Clark, DHA’s chief real estate investment officer, summarized the physical changes: DHA has replaced the original Sun Valley Homes with 965 apartments across seven DHA buildings delivered in three phases, and DHA plans to…
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