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STRESSES
an apartment complex that includes some below-market-rate units and sits next to an RTD rail line.
Big spending e Innovative Housing Incentive Program directs funding to Colorado-based housing manufacturers in an e ort to boost the supply of houses that aren’t built traditionally. at includes modular homes, or factory-made houses, that are assembled at the location where the homeowner will move in.
Another hint at what the governor wants came in response to questions after his State of the State Address. Polis said that he doesn’t want the state to get mired in age-old local debates over what the ideal mix is between a ordable and market-rate housing.
“ ere is no state AMI gure that works for Summit County, for Denver (and) for Boulder,” Polis said, in a reference to area median income, a measure often used to determine who is eligible for housing assistance.
However the mix of new homes might look, Colorado is wading deeper into spending to boost the supply of less costly housing.
Just days before the governor’s speech, the state announced a new program expected to help create up to 5,000 “high-quality, lowcost” housing units over the next ve years.
Polis touted a company from the mountain town of Buena Vista, saying it “can build a home in roughly