Record Breaking Number of Evictions Hitting Denver
Here in Colorado, housing has become an incredibly prominent and touchy issue.
In fact, it was housing costs that were considered to be the biggest concern in Colorado, with 89% of participants believing it to be an extremely or very serious problem.
That’s not a wild assertion by any means.
Residents in places like Fort Collins have been experiencing some major spikes in their rent, which is compounded by the issue that rent along the Front Range and much of Colorado is at an all-time high.
With this being said, one issue in particular has arisen that has many people on edge; the threat of eviction.
Eviction filings have skyrocketed throughout Colorado, but it is Denver that has seen some of the worst cases. In fact, it may only be getting worse.
Denver Seeing Record Eviction Numbers
In 2023, Denver saw a record number of evictions. In one year alone, there were 12,910 eviction actions, shattering the old record.
However, it appears that the housing crisis is by no means slowing down. In fact, it’s heating up even more.
So far in 2024, there have been 9,055 eviction filings, which is 32% from last year. This means that Denver is on a collision course to break last year’s record at an even faster pace.
At the moment, Denver is projected to have more than 15,500 eviction filings by the end of the year, which is more than 2,500 more than last year’s total.
In the entire state, evictions are up by 10.5%, with there being more than 25,300 this year, according to the Denver Post.
Are There Any Programs That Can Help?
Last November, Denver’s Department of Housing Stability put together a $29.1 million budget that was meant to go towards assisting people with rent. It was meant to cover at least 4,000 households
The budget kicked in in February according to the Denver Post, and quickly ran dry back in June. It covered at least 3,500 households, which is equivalent to about 8,000 people.
The state itself actually has money left over from rent assistance that dates all the way back to the pandemic. Currently, there is $13 million left that the state is using more sparingly.
However, they are looking to add $24 million early next year to be able to help more people with rental assistance.