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Rents doubled in Denver during Hancock’s tenure. What can the next mayor do to make housing more affordable?

Housing, or more precisely the lack of affordable housing, has become a key issue in city’s upcoming election

Construction continues on the new Valor on the Fax development in Denver on Tuesday, Feb. 28, 2023. Valor on the Fax will provide 72 units for people traumatic brain injuries who are struggling to find housing. (Photo by Hyoung Chang/The Denver Post)
Construction continues on the new Valor on the Fax development in Denver on Tuesday, Feb. 28, 2023. Valor on the Fax will provide 72 units for people traumatic brain injuries who are struggling to find housing. (Photo by Hyoung Chang/The Denver Post)
DENVER, CO - NOVEMBER 8:  Aldo Svaldi - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
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The lack of affordable housing has become a key issue in Denver's mayoral race and represents a problem the next administration needs to tackle in bold and new ways, according to people working closely on the issue.
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Updated numbers were provided on the number of multi-unit landlord licenses issued by Denver and a clarification on the lack of delays in third-party inspections, which currently can be obtained within a week. More precise multi-family permit numbers were added in the discussion of the change in permit requests following the implementation of the Inclusionary Housing Ordinance. Context was provided related to the quote from Drew Hamrick that Denver needs more housing for those earning 80% to 100% of the area median income. City numbers show the shortfall exists in the 60% or lower range.

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