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The state is home to roughly 111,000 subsidized units with affordability requirements and many will soon expire if the legislature is not able to grant municipalities a right of first refusal to buy subsidized-housing properties.
Colorado Democrats in the legislature are pursuing a right of first refusal bill to preserve affordable housing properties by giving cities and towns the right of first refusal to buy them.
A ballot measure from last week’s Silverthorne municipal election that would allow the town to take on more debt to finance affordable housing projects will pass by a razor-thin margin, officials said. Ballot Question 2.
A ballot question from Tuesday night’s municipal election in Silverthorne that passed with just three votes will not go to a recount, according to officials. But the final result could still change should the town.