Denver preps for passage of bill letting it mandate income-restricted housing
Courtesy of Guerilla Capturing)
Denver city leaders are already taking steps to prepare for the expected passage of state legislation that would allow Colorado municipalities to require developers to build income-restricted housing.
Two members of the City Council, along with the city’s Department of Community Planning and Development, have convened a task force to discuss the approach Denver should take if House Bill 1117 becomes law. So far, it’s passed the House and awaits Senate deliberation.
The bill would allow cities and towns in Colorado to require that newly constructed buildings include a certain percentage of units set aside for those making under the area median income, a designation commonly referred to as affordable housing.