Denver study shows removing parking requirements results in more affordable housing being built

Removing parking requirements for new buildings could help thousands of Coloradans who struggle to afford housing.

There is a shortage of over 106,000 homes across Colorado, according to a recent study by the Colorado State Demography Office.

Nearly 90% of the lowest-income households in the state spend over one-third of their pretax income on rent or mortgage payments. That means they pay more on housing, as a percentage of their income, than is considered affordable…

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