DENVER, February 15, 2017
Mile High Connects today announced that Denver was selected to join the Strong, Prosperous, And Resilient Communities Challenge (SPARCC). SPARCC is a three-year, $90 million initiative that will bolster local groups and leaders in their efforts to ensure that, as major new investments are made in community development, they improve equity, health, and environmental outcomes for all residents.
In 2004, the region’s voters approved FasTracks, a $7.8 billion transit expansion that adds 122 miles of new rail, 18 miles of bus rapid transit, and enhanced regional bus service to the regional transit district. At the same time, the region is experiencing unprecedented growth, creating development opportunities, as well as significant gentrification and displacement in the urban core. The award from SPARCC will enable the Denver region to harness this energy and ensure that development equally benefits low-income communities and communities of color.
Following a competitive process in 2016, Denver’s Mile High Connects was one of six places chosen to receive initial funding and expert technical assistance from the SPARCC initiative. Mile High Connects, a diverse group of organizations that includes local and national nonprofits, banks, and foundations, was awarded $1 million in direct grant and technical assistance funds over the next three years. Collectively, the SPARCC sites will have access to an estimated pool of $70 million in financing capital, as well as $14 million of additional programmatic support. The initial six SPARCC sites include: Atlanta, Chicago, Denver, Los Angeles, Memphis, and San Francisco Bay Area.
“This is an incredible opportunity that will help the Denver Metro region think creatively about equity, health, and climate under the leadership of Mile High Connects,” said Christine Márquez-Hudson, president and CEO of The Denver Foundation. “This investment comes at a critical time given the economic and development boom our region is experiencing. It will mean a great deal to low-income communities and communities of color.”
With the award, Mile High Connects will be better supported in its efforts to:
These efforts will result in community-informed development that creates equitable, thriving, and climate-resilient communities.
“In the past, policy and programmatic decisions about how to invest in the places we live, work, and play have all too often led to deeper poverty and risk for people of color and low-income communities,” said Brian Prater, executive vice president of strategy, development, and public affairs at the Low Income Investment Fund, one of the national partners of SPARCC. “This is a critical moment when big infrastructure investments are coming, or are already underway, and people of all races and incomes should benefit. We are excited to support the SPARCC sites and look forward to seeing the results of these local efforts to positively shape our cities and regions for generations.”
The major public investment in the transit system has created challenges and opportunities for the Denver Region. It has increased displacement pressures for many low-income communities, and at the same time, created new ways for cross-sector partners to work together to ensure the build-out is done in a way that takes into consideration equity, health, and the built environment. Mile High Connects is working to create the systems and policies that will connect residents to opportunity throughout the Denver Region.
“As the construction of the FasTracks systems nears completion, we need to turn our attention to the growth happening around the stations to ensure that the investment is creating economically resilient and sustainable places for low-income communities,” said Emma Pinter, Westminster city council member.
In addition to funding support, each SPARCC site has access to an extensive learning network, and advisory services from a range of experts, to help advance local efforts.
SPARCC is an initiative of Enterprise Community Partners, the Federal Reserve Bank of San Francisco, the Low Income Investment Fund, and the Natural Resources Defense Council, with funding support from the Ford Foundation, The JPB Foundation, The Kresge Foundation, the Robert Wood Johnson Foundation, and The California Endowment. Long term, SPARCC’s intention is for other cities, communities and regions to adopt similar approaches to achieving more just economic, health, and environmental outcomes, using the success of SPARCC sites as a model.
About Mile High Connects
Mile High Connects is a multi-sector collaborative working to ensure that the regional transit system fosters communities that oﬀer all residents the opportunity for a high quality of life. The partnership formed in 2011 to ensure that FasTracks, the region’s $7.8 billion transit build-out, beneﬁts low-income communities and communities of color by connecting them to aﬀordable housing, healthy environments, quality education, and good-paying jobs.
Mile High Connects Partners are Colorado Housing and Finance Authority, The Colorado Health Foundation, The Colorado Trust, The Denver Foundation, Enterprise Community Partners, FirstBank, Ford Foundation, FRESC: Good Jobs Strong Communities, Gates Family Foundation, Kaiser Permanente, Natural Resources Defense Council, New Belgium Family Foundation, 9to5 Colorado, Gary Community Investments, Rose Community Foundation, Urban Land Conservancy, U.S. Bank, and Wells Fargo.
Mile High Connects is housed at The Denver Foundation, the largest and most experienced community foundation in the Rocky Mountain West. For more information, please visit denverfoundation.org.
The Strong, Prosperous, And Resilient Communities Challenge – or SPARCC – is supporting local efforts to make sure that everyone benefits from major new investments in the places we live, work and play. By supporting locally driven initiatives, SPARCC aims to improve equity, health and environmental outcomes to positively shape our cities and regions for generations. SPARCC is an initiative of Enterprise Community Partners, the Federal Reserve Bank of San Francisco, the Low Income Investment Fund, and the Natural Resources Defense Council, with funding support from the Ford Foundation, The JPB Foundation, The Kresge Foundation, the Robert Wood Johnson Foundation, and The California Endowment.
For more information on SPARCC and the selected jurisdictions, please visit sparcchub.org.