2 Denver Entities Cited for Housing Affordability Work

Ivory Innovations has released the names of 25 finalists for the Ivory Prize for Housing Affordability, and two of them are in Denver. The finalists are selected by an advisory board which is composed of the top minds in housing across the U.S. In addition to awarding financial support, Ivory Innovations connects all of its finalists with leading practitioners, capital partners, student interns, and pro bono consulting or capacity-building services. The two Denver finalists are:

Madelon (MadelonGroup.com) simplifies infill housing development by streamlining and productizing the entire process. They seamlessly integrate each component, including pre-designed housing products that are compatible with industrialized housing manufacturers, into their online REDtech platform. This allows small local developers, non-profit institutions, and even community trusts to get into the driver’s seat and finally leverage new construction technology to identify and build more affordable housing supply at scale.  

Launched by Gary Community Ventures in partnership with Denver’s Black community, The Dearfield Fund for Black Wealth (DearfieldFund.com) provides up to $40,000 in down-payment assistance to first-time African American homebuyers to help build generational wealth. The fund aims to close the racial wealth gap and accelerate Black homeownership by generating an average of $100K in net worth for 500-600 Black families, leading to $50-$75M in wealth creation for the Black community. The fund seeks to create a model that other cities could replicate in their own housing markets. 

Author: Golden Real Estate, Inc.

Golden Real Estate is a prominent member of the Denver/Jefferson County real estate scene. Based in Golden, we service both Denver and Jeffco, representing both buyers and sellers. We're well known for Broker Jim Smith's weekly "Real Estate Today" column published in the Denver and Jeffco editions of the Denver Post's YourHub section each Thursday. The column also appears in several weekly newspapers and is archived at www.JimSmithColumns.com. We have nine agents, all of whom are Realtors and EcoBrokers. Our office is Net Zero Energy since December 2017, and several of us drive electrics cars. Known for our sustainable practices, we accept polystyrene (aka "Styrofoam") for recycling, keeping 200 cubic yards per year out of area landfills.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: