Our Priorities
At the current time, we are looking for projects that have profound public benefit and stretch our dollars to benefit all. We will consider any projects that are brought before us, but the project must meet the criteria called out in the Colorado state statute for blight and safety.
There are 11 factors of blight identified in the law, and four of them must be found for an area to be declared an urban renewal area, unless there is no objection by the property owner(s) and tenants, in which case only one factor of blight must be present. If eminent domain is used, five factors of blight must be found. The following factors are used to determine if an area is blighted:
- Slum, deteriorated, or deteriorating structures
- Predominance of defective or inadequate street layout
- Faulty lot layout in relation to size, adequacy, accessibility, or usefulness
- Unsanitary or unsafe conditions
- Deterioration of site or other improvements on the site
- Unusual topography
- Defective or unusual conditions of title rendering the title unmarketable
- The existence of conditions that endanger life or property by fire or other causes
- Buildings that are unsafe or unhealthy for persons to live or work in because of building code violations, dilapidation, deterioration, defective design, physical construction, or faulty or inadequate facilities
- Environmental contamination of buildings or property
- Inadequate public improvements or utilities
The Funding Area
