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Colorado Springs' 'missing middle' still priced out of homeownership

Colorado Springs' "missing middle" buyers remain priced out as Mayor Yemi Mobolade admits his promised housing fund never materialized. Colorado Springs Mayor Yemi Mobolade has pledged to address the "missing middle" population, a population that is priced out of homeownership due to high housing costs. The "missing mid" refers to individuals who make too much to qualify for rental assistance but are still trying to get into homeownership. Mallorie High, a member of this group, said the condition of homes in her price range has also been a major obstacle. Despite these challenges, she remains optimistic about finding a home for her family in the $300,000 price range. Moboladed also highlighted his efforts to create a "missing-middle housing fund" and increased the city's overall housing supply. He also highlighted the need for federal incentives to address affordable housing proper.

Colorado Springs' 'missing middle' still priced out of homeownership

Được phát hành : 6 giờ trước qua Alasyn Zimmerman trong Business Politics

COLORADO SPRINGS, Colo. (KOAA) — Colorado Springs Mayor Yemi Mobolade said the city has added roughly 9,100 housing units since he took office, but he acknowledged the "missing middle" population he p... [5462 symbols]

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