While it made up ground in later returns after Tuesday’s election, the measure was rejected on 51% of city ballots counted so far, according to the latest results released by the Denver Elect…
Denver Mayor Michael Johnston, center, speaks at the kickoff rally for Denver Ballot Issue 2R outside of The Burrell Denver, an income-restricted affordable condo project, on Sept. 17, 2024. On Friday, Johnston conceded that the measure was defeated in the 2024 election, leaving his administration to look elsewhere for more funding for affordable housing investments and programs.
But with an estimated 30,000 ballots left to be counted, 2R still trailed by 6,145 votes. The mayor, in a statement at 5:59 a.m. Saturday, acknowledged that the deficit was too steep to overcome. He added that 2R was not the only avenue the city had to tackle its housing affordability challenges and he will continue to look for new solutions.determined that Denver will need to build or preserve 44,000 units of affordable housing over the next decade to meet the city’s demands.
Denver voters have been happy to support sales tax increases to fund priorities in the city’s recent history. They approvedcombined in the 2018 and 2020 elections. Those included 0.25% rate hikes to fund the city’s Homelessness Resolution Fund and the Parks Legacy Fund dedicated to acquiring and maintaining parks and open space.a sales tax increase that shared the ballot with 2R on Tuesday, coasted to a victory with 56% of the vote as of Friday’s updated results. That measure, a 0.
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