Colorado: Governor Polis, State Legislators: Housing Analysis Showing More Housing Built Increases Options and Saves Coloradans Money

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DENVER ~ In a recent analysis conducted by the Pew Charitable Trust, it was found that restrictive zoning ordinances in the United States have led to a shortage of 4 million to 7 million homes, resulting in increased rent prices and hardships for low-income residents and neighborhoods. The study, released today, highlights the need for more homes to be built in order to alleviate these issues.

Governor Jared Polis of Colorado emphasized the importance of increasing housing supply in order to decrease rent spikes and make home ownership more attainable for Coloradans. He stated that breaking down barriers to housing, such as eliminating parking requirements and reworking zoning laws, can save people money and allow them to live where they choose.

House Speaker Pro Tempore Andy Boesenecker also spoke on the issue, stating that Colorado Democrats have made housing affordability a top priority at the Capitol. He believes that their efforts to accelerate budget-friendly housing options will help prevent rent prices from skyrocketing. With over 100,000 homes needed in Colorado alone, Boesenecker believes that their housing laws will spur new options and make it more affordable for people to call Colorado home.

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Senator Matt Ball echoed these sentiments, emphasizing the need for a multi-faceted approach to address the complex problem of housing affordability in Colorado. He believes that building more homes through creative solutions can help keep rents lower for everyone and ease financial strain on families.

Representative Steven Woodrow also weighed in on the issue, stating that studies like this one from Pew confirm that their efforts are on the right track. He believes that increasing housing supply will lead to lower prices overall and is crucial in solving Colorado's housing crisis.

Senator Iman Jodeh highlighted the impact of Colorado's housing shortage on various aspects of daily life, including longer commutes, inefficient water use, poor air quality, and higher rents. She stressed the need for more affordable rental opportunities and cited the Pew study as evidence that increasing housing supply can slow rent growth in lower-income communities.

In response to the findings of the study, Governor Polis signed an Executive Order to update and supplement previous efforts to break down barriers to housing and increase compliance with state housing laws. This includes releasing a list of impacted grants and directing state agencies to prioritize future grant funding.

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Earlier this month, the National Zoning Atlas released an analysis on local zoning ordinances and their impact on Colorado's ability to provide more housing options for all budgets. The state has been taking steps to address this issue, with Governor Polis signing laws that allow for more housing near transit, eliminate discriminatory occupancy limits, and reduce government red tape in order to lower the cost of housing.

Overall, Colorado is leading the way in addressing the cost of housing and breaking down government barriers that hinder the construction of affordable homes. With continued efforts from state leaders and lawmakers, it is hoped that these measures will help alleviate the strain on low-income residents and neighborhoods and make home ownership more attainable for all Coloradans.

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