Higher building costs, a shrinking supply of low-cost rental units and more people with higher incomes choosing to rent rather than buy are driving the increase in higher-priced rentals and corresponding decline in low-cost units.

Colorado voters passed Prop 123, which will allow 0.1% of the state income tax rate to go toward a number of grants and programs to increase affordable housing, assist unhoused people or prevent eviction, and provide rental assistance, among other provisions. 

The paper announced on its Facebook page Sunday that it would resume operations after a Southwest Michigan newspaper company, and a man named Mike Wilcox, swooped in at the last minute to save it. Shortly after the news was delivered, the original post was taken down, reportedly because the report was premature, and the deal had yet to be finalized. However, staff did receive confirmation on Monday that the deal is done.