“This is a social justice issue when you have people traveling long distances and leaving children to fend for themselves. It is wrong for our region. Affordable housing is the underpinning of our success as a community, long term.”
Tag: Affordable housing
Posted inSocial justice
More than two-thirds of Aspen’s occupied homes are deed-restricted
Among the 3,278 full-time occupied units in Aspen, 70% are deed-restricted as of July, for a total of 2,303. This represents about 39% of the city’s total units. Aspen has the highest number of deed-restricted units out of the 43 communities surveyed and the second-highest proportion of deed-restricted units after the 1,266 deed-restricted units in Breckenridge accounting for 73% of that community’s full-time households.
Posted inEnvironment
Plan to donate Castle Creek land for school, hospital housing project faces hurdles
“We’re no different from anyone else in our valley looking for quality employees,” the superintendent said, “and it’s the first question asked on every single application whether it’s a mechanic, a teacher, a bus driver or a school principal.”
Posted inLocal Public Data
With 99% of cases finalized, Pitkin County property values increase 72% with reappraisal
Pitkin County commissioners, sitting as the Board of Equalization on Wednesday, approved the updated property valuations after more than 4,700 protests were filed in the spring. The cumulative value of all Pitkin County properties reached $74 billion before the hearing process was conducted throughout the summer. This was up from $42 billion in 2022. After the hearings, the cumulative value is down to $72.4 billion (an average of $4 million per property).
Posted inSocial justice
Organizing mobile-home owners as investors gobble up parks
What Sullivan and his neighbors worry about — corporate ownership takeover, creeping unaffordability, the potential for the park to be displaced by redevelopment — is happening at an accelerating rate, both in the Roaring Fork Valley and across Colorado, prompting stronger policy prescriptions from elected officials and community leaders.
Posted inSocial justice
Bill aims to address water quality at mobile home parks
Water quality in mobile home parks is an environmental-justice issue for the Latino community.
Posted inSocial justice
Nonprofit coalition aims to buy down homes to create affordable housing
The group would give homeowners cash to help make the purchase — $100,000 or more, coalition members estimate — in exchange for placing a deed restriction on the properties at purchase to keep them occupied by local people who intend to live there full time.
Posted inLocal Public Data
APCHA’s RO category supports a growing number of million-dollar homes
The concept of RO — housing locals who don’t otherwise fit into the numbered categories and accommodating properties that also couldn’t easily be categorized — is an important one in one of the country’s most robust affordable-housing programs. But, is it working?
Posted inLocal Public Data
Inventory shows who lives in APCHA deed-restricted ownership housing
The APCHA ownership inventory can be viewed in two market segments. One, with fewer restrictions on owner qualifications and valuations, is managed under the “resident occupied” (RO) category. The second, larger segment, with price caps determined via a set of categories based on buyers’ income and assets, saw median pricing in 2021 that was less than half of the median RO sale price.
Posted inSocial justice
With $2.4 million purchase, nonprofit is testing ‘intervention model’ to keep trailer parks out of private equity’s hands
The four Krueger children — Bern, John, Karl and Celynn — know they could have made more money from the 3-Mile sale. But they agreed that their father would have wanted them to find a path to preserve the community he had fostered for nearly 40 years.