Protecting Colorado's Housing Future

Prop 123 is Working. A Proven Solution to Colorado's Housing Crisis.

In 2022, Colorado voters made a historic choice to permanently fund affordable housing without raising taxes. The results speak for themselves.

See the Impact Tell us how it's going

Each county, by where most of its Prop 123 dollars go

Rental homes
Homeownership
Housing stability
Future pipeline

Invested in Communities

Housing Units Funded

Families Helped

Why Prop 123 Matters

Colorado faces a severe housing affordability crisis alongside a state budget shortfall. Prop 123 balances both challenges.

$51/Month

Average Rent Decrease

Colorado saw some of the largest rent declines in 2025, driven by increased housing development

$10

ROI for Every $1 Spent

Prop 123 housing funds deliver measurable economic benefits to local communities

$130M

Funding Returned to State

Prop 123 was built to meet state budget needs and has already committed funds

Featured Projects Across Colorado

From Denver to Grand Junction, Prop 123 is funding innovative housing solutions in communities across the state.

Denver

The Irving

Sustainable, modern, affordable housing

The Irving at Mile High Vista is a new, permanently affordable, all-electric multifamily housing community in Denver's West Colfax neighborhood that offers 102 units for tenants earning 20%–80% of Area Median Income (AMI).

Grand Junction

The Terminal

Abandoned bus depot revitalized

The Terminal project is in development at an abandoned Greyhound Bus Station, aiming to bring safety, energy and connection to downtown Grand Junction. It will also add 107 apartment units for tenants earning between 70-100% AMI.

Greeley

Cityline Station

Former nursing home-turned-community hub

Cityline Station sits on the site of the old Bonell Campus, a former nursing home. Just blocks from the University of Northern Colorado, it offers 310 units, from studio apartments to 3-bedroom bungalows, for residents earning 70-90% AMI.

Longmont

True North

An affordable place to buy

True North will create 185 residences in Downtown Longmont. Phase 1 consists of 52 for-sale homes, with 10 units priced for buyers below 80% AMI and 42 homes for those between 80-120% AMI.

Prop 123 News & Stories

Your Voice Matters

Colorado voters invested in a solution to the housing crisis. That investment is working in communities across the state.

Keeping that progress going requires constructive conversations about improving Prop 123 and protecting its funding.

Tell us how it's going