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Budget cuts will make building affordable homes in Colorado’s mountains even harder, housing advocates say

Housing advocates warn the move could slow affordable home construction as developers pause projects and lawmakers seek to close a $1.5 billion gap.

The challenges facing affordable housing developers in Colorado’s mountain towns are nothing new: Higher land and construction costs, shorter building seasons and a limited labor pool.  Yet they’ve seen more projects take off in recent years, thanks in part to the hundreds of millions of dollars that state voters dedicated to affordable housing with the passage of Proposition 123 in 2022.  Now, much of that funding is on the chopping block as la…

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Vail Daily broke the news on Thursday, April 16, 2026.
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