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Colorado tees up nearly $40M in affordable housing funding to help pay for more than 600 units

Program’s money comes from voter-approved Proposition 123

A community garden sits in the rear of the Vance Street Flats, a 50-unit, transit-oriented affordable housing project in Arvada that had a ribbon-cutting ceremony on Monday, April 29, 2024. (Photo by Eric Lutzens/The Denver Post)
A community garden sits in the rear of the Vance Street Flats, a 50-unit, transit-oriented affordable housing project in Arvada that had a ribbon-cutting ceremony on Monday, April 29, 2024. (Photo by Eric Lutzens/The Denver Post)
Denver Post reporter Seth Klamann in Commerce City, Colorado on Friday, Jan. 26, 2024. (Photo by Andy Cross/The Denver Post)
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State officials announced nearly $40 million in awards to build more than 600 subsidized housing units for lower- and middle-income Coloradans on Wednesday, using some of the first full year of funding from a new statewide affordable housing program.
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