Colorado affordable housing proposal would fund unique program
Coloradans will vote on an affordable housing measure for the first time ever this November, one that would divert nearly $300 million in annual funding toward a first-of-its-kind program.
Proposition 123 is unique in its breadth and scale, supporters and analysts said. It would support eviction defense, down-payment assistance, new housing development, the purchasing of land for future use and direct payments to renters. Its presence on an already crowded ballot comes as affordability anxiety among residents — and their…