Denver University's Innovative Solution to Colorado's Affordable Housing Crisis

Lisa Mailhot  |  July 2, 2024

Buyers

Denver University's Innovative Solution to Colorado's Affordable Housing Crisis

 

Colorado's affordable housing crisis has reached a critical point, with about half of the population grappling with cost burdens related to housing expenses. As home prices and living costs continue to soar, the dream of homeownership becomes increasingly elusive for many. Recognizing this pressing issue, the University of Denver has stepped up to the plate with an innovative solution.

The university is launching a groundbreaking certificate program created to address the affordable housing needs in Colorado. This initiative comes at a crucial time when the state finds itself at the forefront of a nationwide housing crisis, coupled with a growing demand for skilled professionals.

Susan Daggett, who leads the Rocky Mountain Land Use Institute and co-directs the newly launched program, emphasizes the complex and layered aspects of the current housing crisis. She points out that in the past five years, living costs have skyrocketed, making it increasingly difficult for people to afford homeownership. Moreover, there's a significant shortage of housing options for both potential homeowners and renters.

The certificate program aims to train and educate professionals from diverse backgrounds, equipping them with the knowledge and skills necessary to contribute to developing more affordable housing. This interdisciplinary approach will bring together experts from various fields, including architecture, real estate, construction management, law, social work, and public policy.

 

Professor Vivek Sah, co-director of the new program and director of DU's Burns School, emphasizes the importance of collective problem-solving. By providing education and knowledge to a wide range of professionals, the program hopes to foster a community-driven approach to tackling the housing crisis.

Set to launch this fall, the eight-month program at the University of Denver will offer scholarships to help cover costs, making it accessible to a broader range of participants. The curriculum imparts best practices and leadership skills, enabling graduates to build housing to serve needy communities.

This innovative program represents a significant step toward addressing Colorado's affordable housing crisis. By nurturing a new generation of skilled professionals, the University of Denver is paving the way for creative solutions and sustainable development in the housing sector.

Bottom Line

The affordable housing crisis in Colorado requires innovative solutions and collaborative efforts. If you're considering a move to Orange County or exploring real estate opportunities in the area, let's connect. Together, we can navigate the evolving housing landscape and find your perfect home.

 

 

Reference: “University of Denver launches new program to address affordable housing crisis in Colorado” by Ashley Portillo. Published on June 24, 2024.

RECENT BLOG POSTS

Understanding Current Housing Market Trends

The housing market is experiencing some noticeable changes, from fewer new listings to a drop in buyer activity. In this blog, we dive into the latest market shifts, w… Read more

US Median Home Prices Hit Record High

The median sales price of a U.S. home has surged to a record high of $396,500, but with more homes on the market, buyers are in a stronger position to negotiate. Learn… Read more

Mortgage Applications Rise Slightly After Recent Decline

Mortgage applications have increased by 1.1% following a decline the previous week, signaling some shifts in the housing market. In this blog, we explore the latest mo… Read more

Longtime Homeowner? This Hidden Tax Could Cost You Thousands

Many longtime homeowners in Orange County are sitting on a hidden tax burden due to outdated capital gains rules that haven’t changed since 1997. Learn how this overlo… Read more

Home Prices Slow as Buyers Gain Power

May 2025 saw home prices at seasonal highs, but growth has nearly stalled as market dynamics shift. With more listings than buyers, slower sales, and increased negotia… Read more

What Home Sellers Must Know About Capital Gains Tax

Selling your home may come with a tax obligation if you earn a profit. Learn how capital gains taxes work, what exemptions may apply, and how to plan strategically to … Read more

Builders Struggling with Rates and Tariffs in May

The construction of single-family homes remained slow in May as builders face the dual challenges of high interest rates and tariff-related cost increases. Learn how t… Read more

Boost Your Home’s Value with These Paint Colors

Discover how strategic paint choices can increase the value of your property listings. A new Zillow study reveals the best colors to use for boosting home value. Find … Read more

Shrinking Down Payments Signal a Cooling Housing Market

Homebuyer down payments are shrinking for the first time in nearly two years, revealing key shifts in the U.S. housing market. FHA and VA loans are gaining popularity,… Read more

We are excited to assist you in finding your perfect home

Let's find a time that suits you best to chat about your goals, show you how we work, and figure out how we can help you the most