At a time when Denver has become the hottest market in the country and rents are rising faster than anywhere except Oakland, Calif., there are a dozen reasons why builders have a hard time building affordably priced homes. Nowhere is that tougher than in Stapleton – Denver’s most popular new community, where parks, restaurants and… [Read More]
10M revolving loan fund launched to boost Denver affordable housing
10M revolving loan fund launched to boost Denver affordable housing By Claire Martin and Steve Raabe The Denver Post The fund will support the development of multifamily rental units for individuals and families earning up to 60 percent of the area’s median income, capped at $46,020 for a family of four. About 35 percent of… [Read More]
Denver buyers up their game to be last bidder standing in real estate deals
Denver’s tight housing market has morphed into a version of “The Hunger Games,” with buyers scrounging for whatever weapons they can find to remain the last bidder standing. “Everything is flying off the shelf,” said Chad Ochsner, a broker with Re/Max Alliance in Arvada. “We are used to a market where the buyer has a… [Read More]
Denver to address failure of Affordable-housing effort
Denver’s decade-long effort to stimulate affordable-housing development is broken, prompting a broad revamping of the plan. The Inclusionary Housing Ordinance was designed to add hundreds, even thousands, of below-market-rate homes for Denver wage earners. But the law has not delivered as planned. Developers have skirted the ordinance. The economy helped derail it, first from the… [Read More]
Chris Dukes with Former Denver Bronco Javon Walker
Chris Dukes is pictured here with former Denver Bronco Javon Walker. Mr. Walker was a past client of CA Dukes and Associates LLC. Javon came to a graduation party for my step son Floyd May Jr.
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