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City briefed on housing needs assessment: 27,000‑unit shortfall today, up to 60,000 by projected growth
Summary
City staff and consultants presented a regional housing needs assessment that finds a current shortfall of ~27,000 units in Colorado Springs and a potential future deficit near 60,000 units; it points to acute shortages for households below 80% AMI, high rental cost burdens and a Q1 2026 housing action plan to prioritize tools and public engagement.
City housing staff and consultants presented a regional housing needs assessment and a timetable to develop a city‑specific housing action plan in early 2026.
Key findings: Amy Cox (city chief housing and homelessness response officer) and consultants said Colorado Springs faces a structural housing deficit: the assessment estimates roughly 27,000 units of current unmet demand as of 2023 and projects a cumulative deficit near 60,000 units under expected growth scenarios. The largest needs are concentrated among households earning at or below 80% of area median income; analysts highlighted a key inflection point at approximately…
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