Aurora's plan to build affordable housing will net Prop. 123 funds
Aurora's plan to build nearly 2,000 affordable housing units over the next three years will make it eligible to get state funding through a voter-a...
Aurora's plan to build nearly 2,000 affordable housing units over the next three years will make it eligible to get state funding through a voter-approved program that will funnel hundreds of millions of dollars per year into new housing across the state. Aurora — and other municipalities — must commit to increasing their affordable housing inventory by 3% annually over three years to receive funding under Proposition 123, which voters passed last year. For Aurora, that means agreeing to add 550 units per year until 2026.