Disruptive construction on Denver’s Colfax Avenue has left many local businesses struggling, prompting city officials to explore a permanent solution. The existing Business Impact Fund, which has distributed over $2 million since 2022 and provided grants up to $15,000, faced criticism after construction fences cut off traffic and delayed aid.
Business owners voice frustration
Restaurant owner Obeid Kaido described the grant as “such an insult,” saying he “honestly thought that grant would actually help.” Councilmember Diana Romero‑Campbell relayed a business owner’s comment that he “had to show that I’m working at a loss…we’re kind of in dire straits.”
Proposed permanent program
Councilmembers Amanda Sawyer, Flor Alvidrez and Chris Hinds are introducing the Business Impact Opportunity Program, which would codify funding for grants, technical assistance and tax relief for businesses impacted by major construction. Eligible firms with annual gross revenue of $100,000 or less could receive grants up to 10 % of revenue, while larger businesses would qualify for a minimum $15,000 payment.
Funding challenges
The program would draw from Denver’s general fund, which is only recently recovering from deficits. Sawyer noted the city has “been told no at every turn” regarding a dedicated revenue source, and a ballot‑measure sales tax is not being pursued.
Looking ahead
With additional bus‑rapid‑transit projects slated for Federal and Colorado Boulevards, officials stress that state and federal agencies must also support affected businesses. A companion bill would create a special revenue fund to earmark general‑fund dollars for the program in future years.
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