Polis signs order expediting affordable housing funding, state growth goals

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Polis signs order expediting affordable housing funding, state growth goals
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In a bid to accelerate affordable housing development in Colorado, Gov. Jared Polis signed an executive order Monday that expedites loan and grant approval processes while directing a suite of stat…

In a bid to accelerate affordable housing development in Colorado, Gov. Jared Polis signed an executive order Monday that expedites loan and grant approval processes while directing a suite of state agencies to prioritize programs to help prepare the state for years of coming population growth.

The order doesn’t allocate any additional funding. But it requires the housing division to accelerate its timelines, while providing a monthly report detailing any delays to the governor. “We hope this can drive more housing quicker to help meet the real life needs that Coloradans have to find housing options to fit in their budget,” Polis said. “In addition to reducing red tape, it also aligns our state role around smart growth priorities.”

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