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DENVER (KDVR) — Denver City Council passed a plan to make housing more affordable in the city on Monday night.
Officials said the policy has been in the works for more than a year.
The policy requires new developments across Denver to ensure a certain percentage of homes built are deemed “affordable.”
The percentage and level of affordability required varies depending on the area.
According to Denver officials, the average median income in a two-person household is about $94,000.
