April 8, 2010 – (RealEstateRama) — Among households with the lowest incomes, there are twice as many households as there are affordable rental units in Colorado. According to a report released today by the Department of Local Affairs’ Division of Housing, there are 49 rental units affordable to every 100 households that earn $20,000 or less per year. The report assumes that households earning $20,000 can afford a monthly rent payment of $500, or 30 percent of monthly income.
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