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Redevelopment

  • About Redevelopment

    Urban renewal includes the redevelopment or rehabilitation of blighted real property in a city, usually as the result of a cooperative effort by private developers, urban renewal authorities, and local government.

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  • The Urban Renewal Process…

    Determining Blight

    The first step in determining whether or not a proposed redevelopment project is eligible for assistance from DURA is assessing whether or not the area in question is blighted.

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  • The Urban Renewal Plan

    Once it has been determined that an area is blighted, the next step is the drafting of an Urban Renewal Plan and the formation of an Urban Renewal Area by Denver City Council. The purpose of the Plan is to identify the blight conditions present in the area and to describe the plan for improving conditions in the area.

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  • Determining the Need for Financial Assistance

    Once a plan is in place, the next step is determining if the project requires financial assistance. There are generally four questions DURA asks when assessing whether or not a given project warrants assistance – Is the planned redevelopment feasible? Is there a financing gap?

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  • How Tax Increment Financing (TIF) Works

    When DURA partners with a private developer and provides assistance to help finance redevelopment of a blighted property in Denver, the principal tool it uses is tax increment financing or TIF.

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redevelopment & dura

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The Denver Urban Renewal Authority (DURA) offers language translation by utilizing Google's free translation service. While it's common to find some imperfections in these translations, the service provides easy access to translation in several different languages at no expense. If you have any specific questions or would like to speak with someone in Spanish, please contact DURA at 303-534-3872.