"Governor Polis Fast-tracks Affordable Housing Funding to Meet State Growth Goals"

1 min read
Source: The Denver Post
"Governor Polis Fast-tracks Affordable Housing Funding to Meet State Growth Goals"
Photo: The Denver Post
TL;DR Summary

Colorado Governor Jared Polis has signed an executive order aimed at expediting affordable housing development in the state. The order requires the Division of Housing to reduce the time it takes to provide loans and grants to approved recipients from an average of eight months to 90 days. While the order does not allocate additional funding, it aligns with Polis' broader objectives of increasing housing density and availability statewide. The order also includes 10 growth goals for state agencies to prioritize, such as cutting down on sprawl and focusing on efficient development. The move comes as discussions on land-use reform are set to resume in the state legislature.

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