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Buyers with ties to Denver neighborhood get priority in Five Points affordable condos

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Buyers with ties to Denver neighborhood get priority in Five Points affordable condos


More opportunities for home ownership are coming downtown. Affordable condos are planned for Denver’s historic Five Points neighborhood. The upcoming project at 29th and Welton Street will transform an RTD parking lot into much-needed housing.

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The new development is named after Hattie McDaniel, the first African American woman to win an Oscar, and will have 62 affordable units. It’s built in partnership with the city, RTD, Shanahan Development and Elevation Community Land Trust.

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Stefka Fanchi, President and CEO of Elevation Community Land Trust, says their goal is to provide permanently affordable homeownership opportunities. Another development added more than 40 affordable condos to Five Points this year.

“We utilize the community land trust model,” Fanchi said. “This model emerged from the Civil Rights Movement in the late 1960s when a group of sharecroppers in the rural South, after being displaced for registering to vote, came together to purchase land communally. They built homes on this land but did not own the land itself. This model allowed them to secure housing while keeping the land under communal ownership.”

Elevation Community Land Trust maintains ownership of the land beneath their properties, which helps keep housing costs affordable. This structure ensures that the cost of land does not inflate the price of the home and that homes remain accessible to low- and moderate-income buyers even as they are resold.

Plans call for the ECLT to lease the land and ground floor community space to the homeowner’s association on a renewable 99-year land lease.

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Buyers earning up to 80% of the median area income, or up to $71,900 for a single-person household and up to $92,400 for a three-person family, are eligible.

In what was one of the country’s fastest gentrifying areas, priority will be given to buyers with area ties through the Neighborhood Investment Program.

“Our goal is to create homes that allow families with historical ties to the community to return and become part of the neighborhood’s fabric again,” said Fanchi. “Either folks that currently live, work or have their children enrolled in school there, or whose parents or grandparents used to live there and were displaced.”

Elevation Community Land Trust is finalizing plans for this project, including securing tax increment financing through the Denver Urban Renewal Authority. This financing approach leverages the increase in property taxes generated by new homeowners to fund the development.

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“It’s a unique approach to funding that allows us to build high-quality homes while ensuring affordability,” Fanchi said.

With the necessary approvals in place, groundbreaking could occur within the next few months, with construction expected to take between one to one-and-a-half years.

“We are hopeful that by 2026, we will bring over 100 new homes available in Five Points,” Fanchi said.



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Denver, CO

Denver Broncos secret weapon becoming known around the league

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Denver Broncos secret weapon becoming known around the league


Arguably the biggest reason that the Denver Broncos are going to be playing in the 2024 NFL playoffs has been the quarterback play of rookie Bo Nix. The rookie out of Oregon by way of Auburn threw for 29 touchdowns and ran for four additional scores. He has been led this season by Broncos’ quarterbacks coach and former Giants signal-caller Davis Webb.

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As the story goes, the Buffalo Bills had asked Webb to be their quarterbacks coach during his tenure as a quarterback in the AFC East, but he had decided to keep playing. Sean Payton was able to snag him as his QB whisperer, and his work in Denver has been impressive. In two years, the quarterback play of the Broncos has steadily improved and now reached the point where their 30+ touchdown rookie is arguably the biggest reason they are in the playoffs for the first time since 2015.

Davis Webb certain to draw interest outside of Broncos organization soon

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Webb flew relatively under the radar in 2023, even as the quarterback play of Russell Wilson returned to a strong form. Since then, his name has begun to gain more attention on the national stage. As coaching changes begin to take place across the league, Webb figures to be a name that comes up consistently. As coordinator openings are now rumored and openings are popping up, Webb has already been tied to a fairly high-profile job.

Newsday’s Tom Rock shared on X that Webb could be a name to watch as the Giants continue evaluating their coaching staff after a disappointing 2024. Webb, a former Giants quarterback himself, could become a strong offensive coordinator candidate for multiple vacancies. If Vance Joseph, who has been tied to the Jets opening, is to take a head coaching job elsewhere after this year, Webb could be a strong candidate to follow him as an offensive coordinator.

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It has been a decent amount of time since top Denver lieutenants were named in coaching searches around the league, but between Joseph, Webb, and the potential for others such as Pete Carmichael, Zach Strief, and David Shaw to get tabbed for jobs, the Broncos could be looking to rebuild aspects of their coaching staff in the next few months. However, there is no reason not to have faith in Sean Payton to once again build one of the NFL’s premier coaching staffs, just as he did heading into the 2024 season.



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WATCH: Broncos Let Cameras in For Fiery Post-Game Locker Room Speech

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WATCH: Broncos Let Cameras in For Fiery Post-Game Locker Room Speech


The mood in the Denver Broncos locker room on Sunday following the team’s playoff-clinching win over the Kansas City Chiefs was jubilant. Tones of triumph, relief, elation… the Broncos embodied it all and for understandable reasons.

Denver snapped its eight-year playoff drought, finishing the 2024 regular season 10-7. But before the Broncos could get into game-planning mode for the Buffalo Bills in the Wildcard Round, head coach Sean Payton finally gave fans a glimpse of the post-game locker room scene at Empower Field at Mile High.

For the first time this season, the secretive and protective Payton allowed the cameras in for his post-game locker room speech.

What happens next on the Broncos beat? Don’t miss out on any news and analysis! Take a second, sign up for our free newsletter, and get breaking Broncos news delivered to your inbox daily!

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You can see how excited and greaful Broncos CEO and co-owner Greg Penner was as he greeted the players and coaches at the door, exchanging hugs, fist-bumps, and words of encouragement. We learned from Coach Payton at the podium that his game balls went to the Walton/Penner ownership group.

“The game balls today went to ownership,” Payton said on Sunday. “They’ve been tremendously supportive. Man, I’ve been to a number of pro teams, but I told the players, you don’t get to pick a lot of times where you end up, but you guys are in a good spot. This is a group that cares about you.”

Payton has often talked about how big of a selling point the Walton/Penners were in his decision to come out of retirement and take the Broncos job. They rewarded Payton with a lucrative contract and traded a first and second-round draft pick to the New Orleans Saints to acquire his coaching rights.

Payton knew the long-standing tradition of winning in the Mile High City and was well aware of the legacy created by all-timers like John Elway, Peyton Manning, Mike Shanahan, and late owner Pat Bowlen, but in his NFL experience dating back to the ’90s, he believed that the caliber of a team’s ownership group is one of its predictors of the future.

“In today’s pro sports, I think it’s probably one of the bigger indicators of success,” Payton said of ownership. “I know for me, personally, when I went through this process, that meant a lot to me relative to where, and I said that it wasn’t like I was looking to choose to join Patrick Mahomes in this division, you know? But the ownership group here was the reason. They got the game balls.”

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Kudos to Payton for relenting and acquiescing to the cameras being the locker room following Sunday’s win so that Broncos Country can partake in the message and the celebration. Now it’s on to Buffalo.

Follow Denver Broncos On SI/Mile High Huddle on InstagramX, and Facebook and subscribe on YouTube for daily Broncos live-stream podcasts!





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Mayors of Denver and Aurora clash over placement of migrants

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Mayors of Denver and Aurora clash over placement of migrants


In an op-ed published in the Colorado Springs Gazette, Aurora Mayor Mike Coffman accused Denver Mayor Mike Johnston of not being truthful about how migrants, including Venezuelan gang members, ended up in Aurora.

Coffman said he filed an open records request that shows Johnston used the cover of non-profits to quietly dump migrants in other cities.

Johnston denied the allegations, stating,  “The City of Denver never places anyone anywhere.” 

Johnston said he was blindsided by the op-ed that included a headline claiming, “Denver’s Mayor offloads immigrants on Aurora.”

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“I’m surprised by this because Mayor Coffman and I have a collaborative relationship,” Johnston said. 

According to Johnston, Denver contracted with two non-profits to find housing for migrants after more than 40 thousand of them were bussed here from Texas last year.

“We give them dollars and they decide on housing,” Johnston said. “Every day it’s looking for where that housing is and identifying what open unit it is. You might go to Thornton, you might go to Northglenn, you might go to Denver.”  

Mayor Coffman said one of the non-profits worked with a landlord to place migrants in three apartment buildings in Aurora, where police say Venezuelan gang members terrorized residents. The incidents there drew the attention of President-elect Donald Trump, who has promised to carry out mass deportations, or what he calls “Project Aurora”. 

Coffman said Johnston has refused to say how many migrants were placed in Aurora, so he filed an open records request to obtain the contract the city signed with the nonprofit. He said the contract included a clause allowing the agency to put migrants in other cities without notifying them.

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In his op-ed, Coffman said, “Aurora has suffered from a national embarrassment that has harmed the image of our city in a way that could have lasting economic consequences. As the Mayor of Aurora, I’m asking that Mayor Mike Johnston be transparent and tell the truth about what he did.”

Johnston said he bears no responsibility for what’s happened in Aurora, “We run the City of Denver and he runs Aurora and they control the outcomes in their city. We control the outcomes in ours. We’re responsible to our voters and he’s responsible to his.”  

Coffman said the nonprofit is required to report to city officials how many migrants are placed in other cities, but he says Johnston continues to dodge the question about how many migrants were sent to Aurora.

President-elect Trump takes office Jan. 20th. His Border Czar has said he will prioritize the deportation of migrants who’ve committed crimes.

In November, Johnston told the Denverite he would resist all deportations. He now says he will cooperate with federal immigration agents in deporting violent criminals.

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