Entries by admin

If you know how to chip away at the housing crisis, a bank and an affordable housing developer might give you money to try it

A national search for new ideas to address rising housing costs is being conducted from Denver. Denverite explains how Wells Fargo and Enterprise Community Partners is making a difference:   Denver-based Wells Fargo and affordable housing nonprofit Enterprise Community Partners announced Wednesday they were accepting applications from all 50 states, Puerto Rico and the U.S. […]

Landlords Cut Back On Apartment Renovations In Wake Of Rent Regulations

Landlords in New York have significantly reduced spending on renovating apartments since the state government introduced rent reform legislation. BisNow explains why rent control reform has caused these impacts:   “Under the Housing Stability and Tenant Protection Act of 2019 passed in June, the Major Capital Improvement and Individual Apartment Improvements programs, which have allowed […]

New Affordable Housing Complex In Denver Features 139 Units

The Colorado Coalition for the Homeless celebrated the opening of a new affordable housing complex in Denver featuring 139 units. CBS4 reports more on the recent effort for affordable housing:   “Anyone who has walked through the downtown Denver knows we have a growing crisis in terms of homelessness and encampments. Being able to provide almost […]

Renting cheaper than buying in Colorado’s populous jurisdictions

While home ownership is more affordable than renting in most of the country, recent reports show that two-thirds of Colorado counties with populations exceeding 500,000 were cheaper for renters — including in Colorado’s most populous counties. Colorado Politics explains that housing restrictions are the reason for the shift: “Todd Teta, the company’s chief product officer, told […]

Colorado to receive $32 million in homelessness grants for housing, services

Colorado will receive $31.8 million in federal money for services to homeless individuals and families, with a goal of moving them into permanent housing. Colorado Politics explains how this will aid affordable housing in Colorado: “The Continuum of Care program provides funding for certain types of functions, which include permanent housing, transitional housing and supportive services. […]

Lakewood project repurposes blighted property

With affordable housing an important issue in the Denver-Metro area, it’s a good thing when more affordable housing units become available.  A vacant, blighted office tower and retail strip mall have been replaced with 152 affordable housing family units. Colorado Real Estate Journal reports:   ““I am not sure there is any greater impact on […]