Like many cities in the US, Denver is having a housing crisis. Workers such as teachers and nurses are struggling to find homes that fit their budget, and the cost of living in the city is pushing people further away from the metropolitan area. In an effort to address this affordability issue, Denver has a radical idea. It plans to subsidize rent so that lower-income people can live in high-end apartments that currently are too expensive to attract market rate tenants. This may sound crazy for a city to do, but with 16,000 living units sitting empty, it simply makes sense.
Denver is subsiding rent to make expensive apartments available for low-income workers
More of Today's Solutions
Vision board ideas for adults: how to create one that inspires real change
BY THE OPTIMIST DAILY EDITORIAL TEAM A vision board might look like a crafty throwback to childhood afternoons spent collaging. But don’t write it ...
Read MoreIndia’s social experiment: how paying women directly reshapes welfare, autono...
BY THE OPTIMIST DAILY EDITORIAL TEAM Across India, millions of women now receive a modest but unwavering deposit each month into their bank accounts. ...
Read MoreNew Zealand’s groundbreaking shift to renewables promises massive emiss...
New Zealand launched its most ambitious emissions reduction initiative to date in an incredible undertaking. The government announced a historic switch from coal to ...
Read MoreGoing for the goal: the impact of team sports on boosting young girls’ ...
In a pioneering study, the Here for Every Goal report demonstrates that team sports, particularly elite women's soccer (referenced from here on in this ...
Read More
