Colorado is often ranked among the least affordable housing markets in the country. Even as construction has rebounded in recent years, there is still a shortage of affordable rental and ownership opportunities.
The models highlighted in this report show that when residents have access to and engage with trusted, culturally relevant programs, they are more likely to build credit, accumulate assets, and pursue long-term financial goals.
Despite federal housing cuts that threaten funding and limit state resources for housing, the Colorado state legislature passed several housing bills that will have direct implications for local governments such as Jeffco.
In this piece, we summarize the broader problem of lack of affordable housing for middle income Coloradans, and zoom in on Jeffco to assess impacts and effort to address the challenges.
In 2022, Colorado voters passed Proposition 123, dedicating approximately $300 million annually from the state’s TABOR surplus to support several programs to address housing affordability. Learn more.
