Report: Low-income Coloradans priced out of rentals (Denver Post)
The report said that among households with the lowest incomes, there are twice as many households as there are affordable rentals units in Colorado.
The report said there are 50 rental units affordable to every 100 renter households that earn less than $20,000 .
The report assumes that households earning $20,000 can afford a monthly rent payment of $500 , or 30 percent of monthly income.
Low-income households outnumber affordable housing units (NCBR)
Twice as many low-income households exist in Colorado as there are affordable rental units, according to data released Monday by the Colorado Division of Housing.
There are 50 affordable units available for every 100 renter households earning less than $20,000 per year. This annual income suggests that the renter would be able to afford a monthly rent payment of $500, or 30 percent of monthly income.
Colorado low-income families outnumber affordable rentals 2-1 (DBJ)
The shortage is even more acute in the Denver area, where there are 39 units affordable for each 100 households earning $20,000 or less, the Division of Housing report says.
The statewide shortage also increases for families earning less than $15,000 a year.
Effect of camping bans debated as Denver considers ordinance
Denver has spent nearly $60 million in the past seven years to end homelessness. Yet even with that massive effort, there are increasing numbers of people on the street.
That dynamic is what led city officials to consider joining the ranks of many cities across the United States that have banned camping — and ignited the vigorous debate over whether such a move "criminalizes" homelessness.
Rent burdened households rise (Inside Real Estate News)
There are twice as many extremely low-income households in Colorado
as there are affordable rental units for them, according to the report
released by the Colorado Division of Housing.
There are 100 renter households for every 50 affordable rental units
for households that earn less than $20,000, according to the report. The
report assumes that households earning $20,000 can afford a monthly
rent payment of $500, or 30 percent of monthly income.
