Colorado will overcome its housing crisis by focusing on building homes for its lowest-income residents.
It's a crisis the report says is leading to "skyrocketing" rates of first-time homelessness.: The coalition says a mixture of public policy and investments targeting the poorest households will help improve the state's crisis.
It includes building housing for people living on fixed incomes and those who historically faced barriers to homeownership due to exclusionary housing policies. The coalition also suggests prioritizing building housing with units available for people with different incomes, like complexes with income-restricted units."If we don't house individuals at those lowest incomes, then we're really destroying community, because we're forcing people out or we're making it impossible for them to live," Cathy Alderman, coalition spokesperson and public policy officer, tells us.
Brough called the report "correct" in dedicating resources and strategies to help the lowest-income households, and said as mayor she wants to make the city an active partner in developing affordable housing. Johnston said the report "affirms" his plans to build 25,000 permanently affordable housing units in new mixed-income developments, and by converting existing market-rate units.
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