The Moment. The Moment Mile High Connects A Growing Network.

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Presentation transcript:

The Moment

Mile High Connects

A Growing Network

Gentrification: Not Just a Local Problem

But Also a Local Problem: Trends and Context

The Housing Market Zillow

Housing Production Lagging Attribution: Data Initiative/Piton Foundation/GCI

Affordable Housing Pressures Attribution: Data Initiative/Piton Foundation/GCI Sources: Data Initiative calculations from Colorado Affordable Housing Early Warning System and 2014 ACS 5 year estimates, Data Initiative tabulations of 2014 ACS PUMS, Regional Transportation District

Wages vs. Rents What can nurses afford? Attribution: Data Initiative/Piton Foundation/GCI

Wages vs. Rents What can janitors afford? Attribution: Data Initiative/Piton Foundation/GCI

Our Urban Core Share of Eligible Tracts Gentrifying Tracts Gentrifying   Share of Eligible Tracts Gentrifying Tracts Gentrifying Did Not Gentrify Not Eligible to Gentrify Total Census Tracts Since 2000 42.1% 24 33 87 144 1990-2000 31.8% 21 45 78 Governing Magazine

A Picture of Gentrification Attribution: Data Initiative/Piton Foundation/GCI Overall, mobility rates between 2009 and 2014 remained flat, but Black and Hispanic populations consistently have higher inter-regional mobility rates. 19% 14% Black or Hispanic White Alone Sources: Data Initiative analysis of 2009 and 2014 ACS 5 year estimates, Regional Transportation District

Signs of Displacement? Race/Ethnic Plurality 2009 Attribution: Data Initiative/Piton Foundation/GCI Sources: Data Initiative calculations from Colorado Affordable Housing Early Warning System and 2014 ACS 5 year estimates, Data Initiative tabulations of 2014 ACS PUMS, Regional Transportation District

Vulnerable Neighborhoods City of Denver Gentrification Report

Impacts on the Suburbs DRCOG

Intersections

Areas of Intervention Housing Economic Opportunity Community Fabric

Preserve affordability of current housing near transit and in historically underinvested neighborhoods experiencing revitalization Strengthen policy and enforcement of protections for renters throughout the region Support programs that assist in the purchase of homes and land by and on behalf of low-income people and people of color Create new affordable housing near transit and in neighborhoods of opportunity

Create jobs for residents in the development occurring in their neighborhoods and with the businesses that locate in the neighborhoods Provide incentives for local and culturally relevant businesses providing good jobs and needed services to remain and/or locate near transit and in revitalizing neighborhoods Create targeted opportunities for support and growth for locally owned and culturally relevant businesses near transit and in revitalizing neighborhoods.

Support organizing and engagement of community residents to participate in planning and other processes that shape the character of neighborhoods and development projects Utilize arts and culture as a framework to address gentrification Maintain affordable, accessible and safe transit that is meaningful to low-income communities and communities of color

Resources Brother’s Redevelopment Colorado Coalition for the Homeless Colorado Housing and Finance Authority Denver Housing Authority Denver Office of Economic Development Denver Office of Aging Denver Urban Renewal Authority Habitat for Humanity NEWSED Northeast Denver Housing Corp Salvation Army Denver Human Services Energy Resource Center Energy Outreach Colorado Groundwork Denver Colorado Affordable Legal Services Denver Metro Fair Housing Center Denver Asset Building Coalition Mpowered Denver Office of Financial Empowerment

Regional Problem: Local Solutions

Dace West, Executive Director Thank You! Dace West, Executive Director Mile High Connects www.milehighconnects.org 303-865-4609 dwest@denverfoundation.org