skip to main content
skip to newscasts

Monday, June 16, 2025

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

American Bar Association sues Trump administration over executive orders targeting law firms; Florida universities face budget scrutiny as part of 'anti-woke' push; After Hortman assassination, MN civic trainers dig deeper for bipartisanship.

view newscast page
play newscast audioPlay

Political tensions rise after Minnesota assassinations. Trump's DOJ demands sweeping election data from Colorado. Advocates mark LGBTQIA+ pay inequity, and U.S. and U.K. reach a new trade deal.

view newscast page
play newscast audioPlay

EV charging stations are harder to find in rural America, improving the mental health of children and teachers is the goal of a new partnership in seven rural states, and a once segregated Mississippi movie theater is born again.

Colorado housing costs 8th least affordable in nation

play audio
Play

Thursday, July 11, 2024   

Colorado remains the eighth-least affordable state in the nation for housing, according to a new report from the National Low Income Housing Coalition.

Even as state and municipal minimum wages have increased, up to $18.29 an hour in Denver, Coloradans must earn nearly $38 an hour to afford a modest apartment.

Cathy Alderman, chief communications and public policy officer at the Colorado Coalition for the Homeless, said it is clear wages will not be able to keep up with rising housing costs.

"Colorado has a very robust minimum wage compared to the federal minimum wage, and many other states, and we're still falling behind in terms of housing costs," Alderman pointed out. "We have to think about policies that can bring the cost of housing down."

A full-time worker earning the state's minimum wage can only afford to pay $750 a month in rent. A Social Security recipient can only afford to pay $294. Boulder, Eagle and Summit counties top the list of the most expensive areas in Colorado, where service and other low-wage workers have to travel for hours each day because they cannot afford to live where they work.

Thousands of new housing units have been popping up along the Front Range for years but are offered at price points better suited for hedge funds and other investors than average working families. Alderman argued the housing crisis will not be resolved by market forces alone.

"In the Denver metro area, we have more than 20,000 units of luxury and market-rate housing sitting vacant because people can't afford it," Alderman observed. "There is no incentive to lower the rent to make it accessible."

The federal government stopped investing in housing decades ago, but the "Housing Crisis Response Act" working its way through Congress aims to create nearly 1.4 million affordable homes and help nearly 300,000 households afford their rent.

Alderman believes the federal government, which can tap many more revenue sources than state and local governments, needs to play a role.

"State and local governments have been trying to invest more in housing," Alderman acknowledged. "But if they can't leverage federal dollars, they just can't get very far. And so I think it's time for the federal government to see this as a nationwide crisis, not just as a local crisis."

Disclosure: The Colorado Coalition for the Homeless contributes to our fund for reporting on Budget Policy and Priorities, Health Issues, Housing/Homelessness, and Poverty Issues. If you would like to help support news in the public interest, click here.


get more stories like this via email
more stories
Griot Arts, a nonprofit in Clarksdale, Mississippi, plans to turn 32,000 square feet of vacant downtown property into a vibrant arts and cultural center.

Social Issues

play sound

By Susannah Broun for The Daily Yonder.Broadcast version by Trimmel Gomes for Mississippi News Connection for the Public News Service/Daily Yonder Col…


Environment

play sound

By Seth Millstein for Sentient.Broadcast version by Chrystal Blair for Missouri News Service reporting for the Sentient-Public News Service Collaborat…

Environment

play sound

By Jessica Scott-Reid for Sentient.Broadcast version by Terri Dee for Ohio News Connection reporting for the Sentient-Public News Service Collaboratio…


Social Issues

play sound

Minnesota and the nation are feeling the emotional weight of political violence after this weekend's assassination of a top Democratic state lawmaker …

Upgrades to the Arkansas Water Plan include structural analysis of flood mitigation infrastructure and programs, and proposed solutions to reduce the impacts of flooding. (Adobe Stock)

Environment

play sound

Arkansas lawmakers passed several bills during this year's legislative session to upgrade and improve the state's water and wastewater systems…

Social Issues

play sound

Local Jewish advocates for Palestinians are joining forces to draw attention to the humanitarian crisis in Gaza. They are calling on the U.S…

Social Issues

play sound

Washington's Office of the Superintendent of Public Instruction has revised its public school discipline policies, and advocates for children said …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021