Colorado voters pass statewide affordable housing measure


The statewide measure that would set aside tax dollars and create more affordable housing has passed.

Colorado voters narrowly voted in favor of Proposition 123, which will take 0.1% of the state’s federal taxable income to create an affordable housing fund of about $300 million per year. The measure will lower Coloradans’ Taxpayer’s Bill of Rights refund each year.

Results show that 52.4%, or 1,245,139 people, voted in favor of Proposition 123, while 47.6% —1,130,883 people — voted…

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