income-restricted housing
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Caps on rental income requirements, security deposits pass Colorado Senate
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A bill seeking to qualify low-income Coloradans for much more rental housing cleared the Senate on Monday. Most landlords require tenants to earn at least three times the amount they charge for rent. In 2022, the average monthly cost of a one-bedroom apartment in Colorado stood at $1,364. That means tenants must make at least $49,104…
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Breaking down Denver’s proposed Expanding Housing Affordability Guidelines
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Denver City Council will have a public hearing on its new Expanding Housing Affordability Guidelines on Monday, June 6, giving Denverites the opportunity to share their thoughts on the city’s code changes before council votes on them one last time. Here’s a breakdown and need-to-know information on the guidelines ahead of the hearing. How is…
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Income-restricted housing now resides in transformed Denver historic landmark building
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The newly restored Pancratia Hall has been converted into 74 income-restricted units for households earning 30-80% of Denver’s area median income. Denver Mayor Michael Hancock and City Council member Kevin Flynn attended a grand opening for the housing units on the Loretto Heights campus late Thursday afternoon. The building was originally build in 1929 and…
