A huge step forward or a major mistake? Denver’s new affordable housing policy draws praise and criticism

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Projecting what the Denver City Council’s late-night adoption of the long-in-the-works “expanding housing affordability” policy on Monday will mean going forward depends on the prognosticator’s perspective.

” policy on Monday will mean going forward depends on the prognosticator’s perspective.

City Councilwoman Robin Kniech, one of the policy’s main drivers, said on Monday that the industry’s sky-is-falling rhetoric is overblown but the apartment association’s feelings about the policy did not soften over time. The city compromised on that front when tweaking the policy, spreading the increases out over a more than three-year period. But the final per-square-foot rates will be substantially higher compared to the gentle annual increases tied to inflation that developers are used to.

 

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City of Lakewood remove your cap on apt construction.

What's the point of tweeting the link for this article out if you're just going to block access to it? You should allow a few articles to be free especially if you're promoting it. That's why I never bother with the DP.

If companies can pull their head out of their ass and keep WFH then we have all the supply ready to be converted from wasteful offices to housing. The answer isn't always build build build, but rather how can we repurpose what we have.

Did a developer write this?

I'm sorry but as someone who has rented in Denver for the last 10 years the problem is not supply, the problem is that landlords expect market premiums, our last landlord expected 2,500 a month for a run down two bedroom house in Stapleton.

How about writing a story where parents can afford to live in their homes -- but it Isn't a bad thing?

so if a house is selling for 800k they would be required to sell one for $700k? yeah that will fix the problem

Bullshit. Quit acting as stenographers for bloodsucking landlords.

And mayor Hancock committing fraud with contractors by taking money and promising bs don’t forget DIA scandal

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Denver City Council poised to pass proposal to increase affordable housingDenver City Council is expected to vote on a new plan Monday night to address the city's affordable housing crisis. via CB_Cotton CB_Cotton Beginning July 1, new developments in Denver will be required to include more affordable units after city council voted to pass the Expanding Housing Affordability proposal Monday night. Read more on the changes here: CB_Cotton Jokers. Projects
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Denver City Council Approves Affordable Housing PlanNearly six hours after Denver’s city council meeting began on Monday evening, leaders voted to approve the “Expanding Housing Affordability” policy. The boomers are incapable of empathy so it means affordable to them. Ie not affordable Does this mean allowing low-income into higher end homes? I mean, I’m almost positive it doesn’t mean stopping outside state people/corporations from buying up our land and people moving here to get high which drove prices up to begin with. too little, too late
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