Politics & Government
Proposition 123: Colorado Voters Will Decide If State Should Direct $290 Million Toward Affordable Housing
The move would transfer one-tenth of 1% of taxable income from the general fund to an affordable housing fund.

Colorado is now one of the most expensive states to live in and lack of housing is one of the biggest reasons. A measure on the Colorado ballot in the November general election aims to address that.
Proposition 123 would transfer one-tenth of 1% of taxable income - about $290 million - every year from the general fund to an affordable housing fund.
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