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Over the last 5 years Colorado has grown by over 80,000 people making it the 7th highest growth rate in the nation. The laws of supply and demand dictate that when housing demand outpaces supply, prices go up. In theory, supply increases in response to that demand and prices stop their climb. The cost of housing in Colorado has skyrocketed and it is preventing tens of thousands of people from buying a home.  The median home price in Colorado is over $450,000.  Research shows that stable and affordable housing has a positive impact on families and communities. 

 

The Lopez Administration will have the Director of Local Affairs through the Division of Housing prepare a report outlining all the associated costs in new construction of homes specifically focusing on all regulations that are driving housing costs up.  As a former Strong Mayor in Parker along with being the city manager at the same time I know firsthand the challenges that a community faces during exploding growth rates. 

 

I will have a strategic working session with the Colorado Association of Home Builders to evaluate what is the best course of action for the construction of affordable housing consisting of 1,000 -1,200 sq.ft. which is adequate for a young couple without children or with one or two children. 

 

As I focus on rebuilding communities and enhancing the quality of life for middle-class families, the hard-working men and women, and the poor, I will work with Counties and Cities to embrace “Smart Growth”.

 

Health, schools, taxes, traffic, the environment, economic growth, fairness, opportunity—many of the things we care about—are all affected by development decisions. From the length of our daily commute to the price of a new home to the safety of our neighborhoods—what, where, and how we build have major impacts on our personal lives, our communities, and our state. 

 

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