Here is the future of zoning reform in Lakewood. Many demographics are impacted by unaffordable housing today. But simply building structures closer together is a nice gift to developers. Developers will typically produce housing that is priced at the going market rate. That market rate is often not considered ‘affordable’. Here’s is how upzoning often works.
(This is a hypothetical example of how a developer might increase density without providing units that are affordable. The actual numbers or building depictions could vary somewhat depending on local conditions. All possible scenarios are not represented by just this one example.)
“According to a US Census Bureau poll in summer of 2021, Colorado ranked first for housing instability for older adults in the US” https://www.coloradocoalition.org/sites/default/files/2023-04/COAffordableHousingCrisis_StrategicInvestmentReport_CCH_2023.pdf
