IN 2024, AFFORDABLE HOUSING BECOMES EVEN MORE OUT OF REACH FOR COLORADO'S WORKERS:COLORADO IS THE 8TH LEAST AFFORDABLE STATE IN THE NATION
June 28, 2024
June 28, 2024
DENVER, Colorado, June 28 (TNSres) -- The Colorado Coalition for the Homeless issued the following news release on June 27, 2024:
To afford a modest, two-bedroom apartment at fair market rent in Colorado, full-time workers need to earn $37.47 per hour or work 104 hours a week at the current Colorado minimum wage. This amounts to 2.6 full-time jobs to afford modest housing. This is Colorado's 2024 Housing Wage, revealed in the Out of Reach national report released today by the Nation . . .
To afford a modest, two-bedroom apartment at fair market rent in Colorado, full-time workers need to earn $37.47 per hour or work 104 hours a week at the current Colorado minimum wage. This amounts to 2.6 full-time jobs to afford modest housing. This is Colorado's 2024 Housing Wage, revealed in the Out of Reach national report released today by the Nation . . .