Colorado Statutes

§ 29-35-201 — Legislative declaration

Colorado·Title 29 Government·Art. State Land Use Criteria for Strategic Growth
(1)The general assembly hereby finds, determines, and declares that:
(a)Multifamily housing is typically more affordable than single-unit dwellings. According to the American Community Survey, Colorado multifamily units cost between fourteen and forty-three percent less to rent in 2019, depending on the size of the building, compared to single-unit detached dwellings.
(b)Allowing higher density residential development is important for the cost effectiveness and availability of affordable housing. An analysis of over sixty affordable housing projects funded by the U.S. department of housing and urban development in transit-oriented areas in Colorado since 2010 found that half were developed at over fifty units per acre, and twenty percent were over one hundred units per acre.

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Legislative History

Source: L. 2024: Entire article added (see the editor's note following the part 2 heading), (HB 24-1313), ch. 168, p. 841, � 1, effective May 13.

Nearby Sections

15
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