I'm happy to show you my housing plan for Denver.
Big challenges require big, dynamic solutions. Our team talked to community members, activists, and housing specialists, as well as researched components from plans across the world to create a proposal that we think will work for Denver. If the details seem daunting, keep scrolling for a breakdown of all the terms you need to know.
Glossary of Terms
Affordable Housing: Spending less than 30% or less of your total income on total housing costs including utilities.
AMI - Area Median Income: The midpoint of a region’s income distribution. Helps determine what is affordable for different income levels, and shows which incomes are addressed by various government programs.
Community Land Trusts: A nonprofit, community-based organization that works to provide perpetually affordable home ownership opportunities. A Community Land Trust acquires land and removes it from the for-profit, real estate market.
Cost Burdened: A household is considered cost-burdened when 30% or more of its monthly gross income is dedicated to housing.
Human Rights Housing Fund: This fund will pool existing monies and land from the city and our partners to invest in the construction of social housing developments in collaboration with community land trusts.
Looking for Even More Details?
You can read through the detailed housing plan here.