
To help remedy its well-publicized affordable-housing shortage, Mayor Michael Hancock wants to use a lifeline that mayors of most major cities don’t have: pot. On April 16, the city floated the idea of using $105 million in bonds from the Denver Housing Authority — a quasi-municipal corporation that provides housing for middle- and low-income families and individuals — to help cover a proposed $105 million surge in funding for affordable housing over the next five years.