Support Affordable Housing in Denver
This petition had 302 supporters
Mothers Advocate for Affordable Housing (MAAH) is a diverse coalition of women who are concerned about the lack of affordable housing and have begun to ask: where will our children or aging parent live, where will our workforce live and, ultimately, how can Denver continue to grow if housing costs become unbearable for all?
Today, to afford the average two-bedroom rent of $1,550 in metropolitan Denver, families need to hold 2.7 minimum wage jobs. This means too many kids are living in inadequate housing and stressful family environments and experiencing frequent moves or even homelessness. This type of housing instability creates long-term, negative economic consequences for a community and, more importantly, negative health consequences for the families themselves.
For those attempting to purchase their first homes, challenges in the housing market are also evident. With housing prices rising so quickly, hitting an average sales price of $322,500 in Denver this August, and the supply inadequate to keep up with demand, the goal of homeownership is simply not achievable for many households.
This issue of affordable housing affects people across all stages of the life cycle — from the young, first-time employee, to the couple starting a family and baby boomer retiree — and nearly all income levels. Which is why MAAH must ask: where will our families, our children, and our workforce live?
The housing crisis threatens our economy, too. Over the next five years, we'll see more than 300,000 new residents flock to the region as the economy continues to improve and new businesses and jobs move here. But our economic growth could be hampered if innovative businesses and people choose to settle elsewhere because of a lack of affordable homes. The bottom line is that despite the economic opportunities Denver offers, businesses and talent will stop coming here if employees can't find affordable places to live.
MAAH’s work is about recognizing the affordable housing challenge in our community and calling for better solutions so families can lead healthy, thriving lives and our economy can continue to grow. Our initial focus is to support Mayor Hancock and Denver City Council in their recent announcement to establish one or more permanent revenue sources that will build and preserve at least 6,000 of the 30,000 affordable homes our City desperately needs. MAAH sees this initiative as an important, first step towards addressing Denver’s affordable housing problem and looks forward to working more with the City of Denver and its regional partners to address our housing crisis.
Please join MAAH’s efforts as we advocate for the establishment of a permanent source of funding of at least $15 million in new revenue annually to support affordable housing in Denver.
For more information, please join the MAAH mailing list at http://bit.do/MAAHlist
Today: MAAH is counting on you
MAAH DENVER needs your help with “Mayor of Denver, Denver City Council: Support Affordable Housing in Denver”. Join MAAH and 301 supporters today.