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Denver’s e-bike voucher budget was supposed to last three years. It ran out in six months.
The city authorized $9 million to finance incentives through 2024, but that money is already nearly exhausted. More than 4,100 Denver residents have redeemed vouchers worth more than $4.1 million — way more than the $400,000 city official expected to spend. All residents are eligible for a $400 (or up to $1,200 for low-income residents) off the purchase of a new e-bike. Federal officials, take note.
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