-
State Data Overview
Across Colorado, there is a shortage of rental homes affordable and available to extremely low income households (ELI), whose incomes are at or below the poverty guideline or 30% of their area median income (AMI). Many of these households are severely cost burdened, spending more than half of their income on housing. Severely cost burdened poor households are more likely than other renters to sacrifice other necessities like healthy food and healthcare to pay the rent, and to experience unstable housing situations like evictions.
Housing Profiles
Colorado
Key Facts
-
187,042 OR 22%
Renter households that are extremely low-income
-
-136,324
Shortage of rental homes affordable and available for extremely low-income renters
-
$35,810
Average income limit for 4-person extremely low income household
-
$75,797
Annual household income needed to afford a two-bedroom rental home at HUD's Fair Market Rent (FMR)
Impact on Low-Wage Workers
A minimum wage worker would need to work:
- 80 hours per week or 2.0 full-time jobs to afford a 1-bedroom apartment at Fair Market Rent (FMR).
- 96 hours per week or 2.4 full-time jobs to afford a 2-bedroom apartment at Fair Market Rent (FMR).
Most Expensive Areas 2-Bedroom Housing Wage Summit County $47.44 Eagle County $45.75 Pitkin County $42.58 Boulder MSA $40.85 Denver-Aurora-Centennial MSA $40.17 Common Occupations Median Hourly Wage Nursing Assistants $23.41 Janitors and Cleaners, Except Maids and Housekeeping Cleaners $19.08 Home Health and Personal Care Aides $19.05 Retail Salespersons $18.76 Fast Food and Counter Workers $17.93 Solutions
- Provide significant resources to build and preserve homes affordable to renters with the lowest incomes through investments in public housing and the national Housing Trust Fund
- Encourage states and local communities to reform zoning and land use regulations that prevent housing from being built and push up housing costs
- Bridge the gap between incomes and housing costs by expanding rental assistance so that it is universally available to all eligible households or consider other innovative approaches, such as a fully refundable renters’ tax credit
- Prevent evictions and homelessness by creating permanent tools, such as emergency rental assistance, to help stabilize families in crisis
- Other federal housing resources, including the Low-Income Housing Tax Credit, should be reformed to better address the shortage of rental housing affordable to the lowest-income households.
-
-
State Level Partners
NLIHC Housing Advocacy Organizer
Kenza Idrissi Janati
State PartnersColorado Coalition for the Homeless
2111 Champa Street
Denver, CO 80205
P 303-293-2217
F 303-293-2309
www.coloradocoalition.orgCathy Alderman
Chief Communications and Public Policy Officer
[email protected]Housing Colorado
1981 Blake Street
Denver, CO 80202
P 303-863-0123
www.housingcolorado.orgBrian Rossbert
Executive Director
[email protected]Become an NLIHC State Partner
NLIHC’s affiliation with our state coalition partners is central to our advocacy efforts. Although our partners' involvement varies, they are all housing and homeless advocacy organizations engaged at the state and federal level. Many are traditional coalitions with a range of members; others are local organizations that serve more informally as NLIHC's point of contact.
Inquire about becoming a state partner by contacting [email protected]
-
Housing Trust FundHTF Implementation Information
NLIHC continues working with leaders in each state and the District of Columbia who will mobilize advocates in support of HTF allocation plans that benefit ELI renters to the greatest extent possible. Please contact the point person coordinating with NLIHC in your state (below) to find out about the public participation process and how you can be involved.
Current Year HTF Allocation$10,917,121
HTF State Resources2019
Draft 2019-2020 Annual Action Plan with HTF Allocation Plan, pages 152-158 and 199-223 and page 231 (PDF)
2018
Draft 2018-19 Annual Action Plan with draft HTF Allocation Plan, pages 166-191 (PDF)
Final 2018-2019 Annual Action Plan with HTF Allocation Plan on page 119 (PDF)
2017
Final 2017 HTF Allocation Plan (PDF)
Draft HTF Allocation Plan (PDF)
Draft Annual Action Plan (PDF)
Public meeting flier (PDF)
2016
HUD-approved 2016 HTF Allocation Plan (PDF)
HTF Implementation Webinar Slides dated April 22, 2016 issued by Colorado Division of Housing (PDF)
Draft HTF Allocation Plan by Colorado Division of Housing (PDF)
State Designated EntityState Entity Webpage
Colorado Department of Local Affairs
Division of HousingOfficial Directly Involved with HTF ImplementationAndrew Atchley
Housing Development Team Manager
[email protected]Alison George
Housing Director
Division of Housing
303-864-7871
[email protected]NHTF-specific Pages
National Housing Trust Fund
Publications and Reporting
(see "Featured Publications" section) -
ResourcesResources
Housing Profiles
State Housing Profile
State Housing Profile: Colorado (PDF)
Congressional District Housing Profile
Congressional District Profile: Colorado (PDF)
Research and Data
National Housing Preservation Database
The National Housing Preservation Database is an address-level inventory of federally assisted rental housing in the United States.
Out of Reach: The High Cost of Housing
Out of Reach documents the gap between renters’ wages and the cost of rental housing. In Colorado and Nationwide
The Gap: A Shortage of Affordable Rental Homes
The Gap represents data on the affordable housing supply and housing cost burdens at the national, state, and metropolitan levels. In Colorado and Nationwide
Explore Other States
