Hancock Signs Affordable Housing Ordinances

Denver Mayor Michael Hancock is pushing forward on a plan to double the city's affordable housing fund.  He signed a pair of ordinances into law yesterday.  Those will raise the fund from 15-million-dollars a year to 30-million-dollars.  In part, the additional money will be coming from an increase in the city's retail marijuana tax.  Additionally, there will be a partnership formed with the Denver Housing Authority.  The aim of the ordinances is to enable the city to build or preserve six-thousand affordable homes over the next five years. 

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