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Affordable Housing Spreads to the Suburbs

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While much of the focus on the affordable housing crisis has been on Denver, due to the city’s increasing rental rates and its 10-year, $150 million affordable housing fund, suburban cities are turning their attention to the issue as well.

Westminster currently has 600 affordable housing units, either proposed, planned or under construction, that will be open to people making anywhere from 30 to 60 percent of the area median income.

In October, Commerce City announced the groundbreaking of a 216-unit affordable housing project, which will be open to tenants making $33,660 a year — or 60 percent of the area median income.

In Lakewood, the 40 West Residences opened its 60 affordable units in October, with 25 of those homes reserved for homeless veterans.

Golden has a comprehensive plan that commits the city to ensuring that 30 percent of its total housing stock is affordable to households making up to 80 percent of area median income.

 

 

Photo: Stapleton Affordable Housing project by Northeast Denver Housing Center, Palace Construction & Cunningham Group Architecture; Photography by The Unfound Door

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