Last week, Secretary Donovan of the U.S. Housing and Urban Development agency traveled west to speak with business leaders about recent developments in their communities.
On Wednesday, Secretary Donovan and Senate Majority Leader Harry Reid visited Las Vegas, Nevada, an area that experienced one of the worst housing crises following the 2008 recession. Today, however, Las Vegas is one of the fastest-growing metropolitan areas in the country.
At the business leader roundtable, the group discussed Promise Zones, a Presidential initiative that combines the resources of multiple government agencies to help revitalize distressed communities.
On Thursday, small business leaders from Colorado joined Governor Hickenlooper and Secretary Donovan in Denver to discuss the city’s successful downtown area.
Over the past few years, the city of Denver has made it a priority to create a vibrant atmosphere — a commitment that’s attracted new restaurants, music venues and housing developments in areas where people want to live.
The group also addressed the challenge that this commitment brings — for instance, how to preserve affordable housing opportunities for people in urban areas as the location becomes a more desirable place to live.
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