affordable housing Archives - Colorado Politics
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Adam McCoyAdam McCoyJanuary 12, 20183min3480

Surging rent and an apartment glut have spawned a new Denver pilot program providing housing subsidies to low-income Denverites.

A news report from the Wall Street Journal notes that the new program called LIVE, Lower Income Voucher Equity, will help “house teachers, medical technicians and others” in “sparkling new, high-end rental apartments with amenities like gyms, roof decks and sometimes even pet spas.”

In lieu of letting vacant apartments sit empty, why not create housing opportunities for Denver residents, Denver Mayor Michael Hancock told the WSJ.

The city has long wrestled with affordable housing as the cost of living has soared, gentrifying many out of Denver neighborhoods. Denver has been working with developers to build new affordable housing units, often buying land to sell to developers interested in building affordable housing. Denver has also launched programs like the Temporary Rental and Utility Assistance Program aiding Denver households experiencing a housing crisis including a rent increase or loss of a job.

Under the new program, single Denverites making between $23,500 to $47,000 a year and families of four making $33,500 to $67,000 a year are eligible, according to Denver7. Those found to qualify would then receive a voucher to pay 30 to 35 percent of their income in rent for two years. The program would also place about 5 percent of monthly rent in a savings account.

The program currently has funding to subsidize 400 units, while 100 units have joined the pilot program thus far. LIVE, starting later this month, will be funded by the city, employers and charitable foundations, according to the WSJ. Denver anticipates spending roughly $500 a month subsidizing rent for a single person and $900 for a family.


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Jessica MachettaDecember 24, 20173min3650

Former state treasurer and Democratic candidate for governor Cary Kennedy held a 25-hour “tweetstorm” Thursday, one tweet per hour for every new person that moves into Colorado, 25 each day.

Also this week, Kennedy unveiled her goal of improving the state’s transportation challenges and expanding broadband in rural areas.

“Growth is a top concern,” Kennedy said on Twitter. “My #CKplanforgrowth tackles issues like housing, transportation & protecting the Colorado we love.”

“Colorado has gone too long without preparing for growth,” she said in a press release. “Our deteriorating roads and inadequate transit systems hold our state back and cost us time and money. Our state is innovative and forward looking, but we haven’t made the necessary investments. I know as a working mom how frustrating it is when you miss dinner with your family because you’re stuck in traffic. We can do better.”

Kennedy’s four-tiered plan includes making Colorado affordable; protecting public lands and open spaces; investing in transportation, housing, water conservation, clean renewable energy and broadband; and standing up for middle-class families.

“I’ve watched Colorado’s population double since I was a kid,” Kennedy told Colorado Politics. “And now, forecasters are telling us it’s going to double again by the time my teenagers are my age.”

The political reality, however, is that she will have to pay for such goals and possibly wrangle support from moderates and Republicans, depending on which party holds majorities in the state House and Senate next year. That dynamic quickly fills lofty campaign promises with hot air.

While serving as chief financial officer for Denver, Kennedy helped start the city’s first affordable housing initiative, a plan she would make statewide if elected.

“People can’t afford to live in the communities where they grew up, and can’t afford to live in the communities where they work, so that’s added to our traffic congestion problem,” she said.


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Jessica MachettaDecember 14, 20172min496
Gubernatorial candidate Cary Kennedy says strong Democratic governors need to lead change at the state level while Republicans in Washington continue to chip away at protections for the working class. Kennedy spoke to about 75 supporters at her campaign’s new headquarters in Denver Wednesday evening, saying her plan for preserving Colorado’s environment, public lands and […]

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David O. WilliamsDavid O. WilliamsNovember 5, 20179min626
Former Obama field organizer and state legislative policy analyst Dylan Roberts wasn’t planning to jump back into politics after he got his law degree from the University of Colorado and landed a job as a deputy district attorney in Eagle County. Then Trump happened. “I was going to take a break from politics for a […]

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Joey BunchJoey BunchOctober 10, 20174min267
Denver Mayor Michael Hancock unveiled a package of plans to address the city’s housing crunch Tuesday to be used by a city program called HOPE. That stands for Housing and Opportunities for People Everywhere, and the details announced Tuesday include binding mediation between landlords and tenants before eviction and money for city residents facing a […]

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