Denver collaborative receives Ford Foundation Grant to ensure residents benefit from FasTracks syste

A collaborative of 13 leading nonprofits has announced that it has received a $500,000 grant from the Ford Foundation to ensure that the creation of the FasTracks transit system improves the lives of all Denver residents by increasing access to affordable housing, good paying jobs and essential services. The grant is a part of the Ford Foundation's Metropolitan Opportunity work, which seeks to transform the way cities, suburbs and surrounding communities grow and plan for the future, promoting a new metropolitan approach that interweaves housing, transportation and land use policy to foster economic growth for all. "We believe that Denver's effort to create a world-class regional transportation system that benefits all its residents has great potential to serve as a model for others," said Lisa Davis, program officer, Ford Foundation. "By uniting a strong network of leaders from nonprofits, business and government, this effort is poised to strengthen the vitality of Denver's communities and ensure that all its citizens have equal access to opportunity across the region." Activities funded through the grant and local organizations matching resources include: the formation of the Mile High Transit Opportunity Collaborative, educational events for regional stakeholders, exploration of the expansion of the existing Denver TOD Fund to a regional acquisition finance resource for community development and funding for local community development corporations to develop their role in the effort. "It is with great enthusiasm that we gathered today to recognize The Ford Foundation and to celebrate what will become an exciting part of our living history," said Patrick Horvath of The Denver Foundation, a leading member of the collaborative. "Through this effort we will document current inequity in our region, provide vision and leadership for improving opportunities for all communities across the region near public transit, convene regional leaders and ultimately invest further resources, so that we all can move forward to achieve equitable communities centered on the Metro Region's expanding transit system."