Testimony of Patrick Boyle, Senior Director of Policy and Communications at Enterprise New York to the New York City Council Committee on Land Use at their public hearing on bills impacting affordable housing on November 19, 2025.

Enterprise has created issue briefs and case studies that look at the market challenges, policy barriers, and best practices in preserving affordable homes in Colorado.

Five case studies that look at individual acquisitions and preservation of affordable homes in Colorado.

Preservation of affordable rental housing means securing the long-term affordability and habitability of multifamily properties. These fact sheets look at the importance of affordable housing in Colorado and how the right capital tools can help preserve this stock.Preservation of affordable rental housing in Colorado ensures the long-term affordability and habitability of multifamily properties to prevent displacement, allow low- to moderate-income residents to remain in their homes, and maintain an adequate supply in communities statewide.

This issue brief identifies the financing gaps and policy barriers that prevent affordable housing preservation in Colorado and outlines specific recommendations for new capital tools, streamlined processes, and funding mechanisms needed to acquire and maintain long-term affordability in existing rental properties.

This issue brief explains the importance of affordable housing, documenting the scale of loss across the state, the benefits of preservation compared to new construction, and the systemic barriers that currently prevent preservation efforts from meeting community needs.

Archway Communities is a Colorado-based nonprofit that has provided affordable housing and resident services for over 50 years. Recognizing the critical importance of preserving the affordability of units serving low-income seniors in a high-demand area, Archway moved quickly to renovate Downing Square.

East Colfax Community Collective (EC3) is a grassroots organization working to stabilize rents and prevent displacement in Denver’s East Colfax neighborhood—a historically diverse community facing rapid change. In September 2024, EC3 purchased 1371 Xenia, which is home to some of the neighborhood’s most vulnerable residents. Immediately after closing, EC3 and a resident-led stewardship committee identified urgent repair priorities.