This issue brief provides background on mobile homes and an overview of the Mobile Home Park Act, including recent changes to the law regarding purchasing mobile home parks, evictions, and leases.
Several factors contribute to high housing costs in Colorado, including low inventory and a limited variety of available housing types. Housing cost-burdened refers to families paying more than 30 percent of their income for housing. According to the Colorado Health Institute August 2019 report Home Equity, in Colorado 45 percent of renters and 19 percent of homeowners are housing cost-burdened.