DENVER — A new housing housing program will spend $40 million on constructing affordable homes throughout the state — focused on innovative housing structures, such as modular and 3D printed homes.
The Colorado's new Innovative Housing Incentive Program, announced by Gov. Jared Polis on Friday, is expected to help create up to 5,000 high-quality, low-cost housing units in the state over the next approximately five years, he said.
"Transformative programs like this ensure there is housing for every budget in our communities, which is increasingly important as our state grows," Polis said. "This will support our teachers, health care providers, and other critical industry workers to access housing near where they work, helping ease workforce shortages. I look forward to exciting housing projects and the progress that will come from this exciting innovation."
Homelessness has spiraled out of control in Colorado in the last several years. Today, almost 7,000 people are homeless in metro Denver alone, and the debate over what caused that explosion and how to address it rages on.
> Read the full story at Colorado Politics.
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