Friday, March 31, 2023

Play

Donald Trump indicted by Manhattan grand jury, Georgia campaign fights to reopen local hospitals, and New Mexico creates first-ever $100M conservation fund.

Play

Former President Donald Trump is indicted by Manhattan's district attorney, House Republicans take aim at renewables in new energy bill and House Dems introduce the Women's Protection Health Act.

Play

Small towns respond to a hidden housing and homelessness crisis, a new national weather prediction system will help close the gap between urban and rural forecasting, and more rural communities are eligible for a design project to boost economic development.

CO Lawmakers to Decide How to Invest $300 Million in Affordable Housing

Play

Tuesday, January 3, 2023   

In November, Colorado voters approved the largest source of dedicated funding to address affordable housing and homelessness in the state's history. Lawmakers will debate priorities for almost $300 million generated through Proposition 123 in the upcoming legislative session.

Cathy Alderman, chief communications and public policy officer at the Colorado Coalition for the Homeless, said her group and other advocates will work to ensure investments are in sync with what voters wanted.

"Voters intended this money to go to homelessness resolution, up through homeownership," Alderman explained. "Voters intended this money to provide rental housing for people at moderate to low incomes."

Proposition 123 will tap 0.1% of tax dollars collected, and proponents noted it will add 10,000 additional affordable housing units per year.

Opponents argued creating a separate funding pool for housing could impact the state's ability to address other core needs. Others warned the measure would deny Colorado taxpayers $145 million in Taxpayer Bill of Rights refunds in the first year alone.

Colorado's median rent, currently nearly $1,900 per month, is expected to reach $2,700 a month in 10 years, which is only affordable for people earning more than $106,000 a year.

Alderman stressed Colorado voters made it clear investments in affordable housing and resolving homelessness were more important than getting a slightly higher Taxpayer Bill of Rights refund.

"Voters said 'I'd rather make an investment in affordable housing so that my elderly parent doesn't age out of their house, or my son or daughter can graduate from college and can move back and afford to live here,' was more important than getting $50 back in their pockets," Alderman outlined.

Even if the measure reaches its goals, Colorado will still be short on the number of available affordable units compared with demand. Alderman pointed out the state has fallen behind when it comes to making the sorts of investments to address the actual scale of the crisis, and has a lot of catching up to do.

"We can't just make these investments and then assume it's going to solve the housing crisis, or solve all of homelessness," Alderman cautioned. "Because during the period that we are making investments, people are going to fall into the cycle of homelessness, and people are going to lose their homes."

Disclosure: The Colorado Coalition for the Homeless contributes to our fund for reporting on Budget Policy and Priorities, Health Issues, Housing/Homelessness, and Poverty Issues. If you would like to help support news in the public interest, click here.


get more stories like this via email
Parents, students and teachers are raising concerns over proposed education policies in the Sunshine State. (Pixabay)

Social Issues

Some students, parents and educators plan to rally to send a message to Gov. Ron DeSantis on April Fools' Day. The group of unions, parents and …


Health and Wellness

Small-business owners in North Carolina are reaching out to legislators for help, citing hospital mergers as one reason their health-care costs are …

Environment

A REASONS TO BE CHEERFFUL/SOLUTIONS JOURNALISM NETWORK/WISCONSIN NEWS CONNCECTION COLLABORATION Milwaukee is tied to a wave of freeway removals in th…


Initial money through the American Rescue Plan Act provided education funding to 140 school districts in Tennessee to support post-pandemic academic recovery, student mental health and schools' ability to reopen safely. (f11photo/Adobe Stock)

Social Issues

Tennesseans aren't the only ones mourning the tragic loss of three children and three adults at this week's shooting at Nashville's Covenant School…

Health and Wellness

Doctors in Iowa are studying the brains of babies to learn more about sleep patterns in adults and teens. The United Health Foundation reports one-…

While more than 3,500 people have been awarded the Medal of Honor since it was created by President Abraham Lincoln, only 65 of them are alive today. (The White House)

Social Issues

While National Medal of Honor Month is ending, plans to develop a museum and monument for the award are continuing. Numerous Medal of Honor …

Social Issues

Construction of the Medal of Honor Museum and Foundation is under way in Arlington, Texas - a place to pay tribute to those who've earned the …

Social Issues

Labor leaders in various industries recently celebrated the 85th anniversary of a federal law that laid the groundwork for registered apprenticeship p…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021