Affordable housing often costs more to build than market-rate housing – Colorado is closing the gap

Featured photo: Reducing the administrative and regulatory costs associated with building affordable housing can increase the housing supply in Colorado. I’ve spent nearly three decades trying to understand why affordable housing costs so much to build – and how to bring those costs down. How Colorado breaks the patternSo why does affordable housing cost less to build in Colorado? Affordable developers are using modular and panelized construction to narrow the gap with market-rate building. Affordable housing’s impactStable, affordable housing is linked to better health, stronger school performance and higher lifetime earnings for children.