Frequently Asked Questions

Firstly, Middle-Income is the category of wage earners with gross incomes between 80-120% of the Area Medium Income within your census tract. Attainable Housing is the category of housing that allows Middle Income buyers to purchase using no more than 33% of the household's gross income toward mortgage payment, taxes, insurance, utilities and HOA. Middle-Income Housing and Middle Housing commonly refers to the category of product that is conspicuously absent from much of American neighborhoods and communities, frequently due to zoning and land-use restrictions that prevent the building of higher density housing.  MiddleHousing.com provides the best opportunity to serve this oft overlooked segment of buyers, also known as workforce and attainable housing; homes with accessory dwelling units (ADUs), duplexes--also called paired homes,--triplexes, quadplexes, townhouses, villas or cottage homes and higher density, small lot developments all fall within this commonly held definition.

 Colo. Rev. Stat. § 7-101-503 Section 7-101-503 - Public benefit corporation - definitions - contents of articles of incorporation (1) A public benefit corporation is a for-profit corporation organized under and subject to the requirements of the "Colorado Business Corporation Act", articles 101 to 117 of this title 7, or a domestic cooperative organized under article 55, 56, or 58 of this title 7 that is subject to the "Colorado Business Corporation Act", that is intended to produce a public benefit or public benefits and to operate in a responsible and sustainable manner. To that end, a public benefit corporation shall be managed in a manner that balances the shareholders' pecuniary interests, the best interest of those materially affected by the corporation's conduct, and the public benefit identified in its articles of incorporation. In its articles of incorporation, a public benefit corporation shall: (a) Identify within its statement of business or purpose pursuant to section 7-103-101(1) one or more specific public benefits to be promoted by the public benefit corporation; and (b) State at the beginning of the articles of incorporation that it is a public benefit corporation. (2) "Public benefit" means one or more positive effects or reduction of negative effects on one or more categories of persons, entities, communities, or interests other than shareholders in their capacities as shareholders, including effects of an artistic, charitable, cultural, economic, educational, environmental, literary, medical, religious, scientific, or technological nature.