chfa enews
chfa enews
November 19, 2018

Colorado’s Housing Affordability Gap and Housing Continuum White Papers Released

CHFA has published the following white papers highlighting Colorado’s Housing Affordability Gap, an overview of the state’s Housing Continuum, and a summary of Federal Housing Resources available to support affordable housing.

Research shows that Coloradans must earn $92,500 annually in order to afford the median home price of $368,000, and $52,680 to afford the statewide median rent of $1,317 without being cost-burdened. This places housing out of reach for many in Colorado, where the median annual income is $69,117 and $45,707 among renters-households.1

Click here to view CHFA’s Housing Gap Map, which shows various housing needs and challenges across the state.

CHFA would like to thank the following partners for their collaboration and support in the preparation of the white papers.

Apartment Association of Metro Denver/Colorado Apartment Association
Colorado Mortgage Lenders Association
Colorado Municipal League
Habitat for Humanity of Metro Denver
Housing Colorado

For more information, please contact Jerilynn Martinez, Marketing and Community Relations Director.

1. US Census, 2017 American Community Survey 1 year estimates

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