HomeMy WebLinkAboutresolution.council.057-22 RESOLUTION#057
(Series of 2022)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO,
ADOPTING THE 2022-2026 AFFORDABLE HOUSING STRATEGIC PLAN
WHEREAS, City Council has identified and formally adopted Affordable Housing as one
of its 2021-2022 Critical Goals,where a critical goal is defined as one where the community is at
significant risk of failurd without adjusting present course, need to chart a critical path; and
WHEREAS,the City Council has a long history of commitment to affordable housing;
and
WHEREAS, City Council endeavors to be strategic in its deliberations regarding
establishing an affordable housing goal that address the needs and challenges facing the
community; and
WHEREAS,the Affordable Housing Strategic Plan and 2022-2026 goal will City
Council guide the actions of City Council and the City Administration creating new affordable
housing; and
WHEREAS, City Council intends for new affordable housing to be created using new
development and development neutral strategies; and
WHEREAS, City Council desires to formally adopt the 2022-2026 Affordable Housing
Strategic Plan to guide the City in shaping its future; and
WHEREAS, City Council wishes to articulate the most critical goals for the upcoming
work of the City, while continuing to pursue additional strategies to ensure the long-term
sustainability of existing affordable housing; and
WHEREAS,Aspen has been a leader for decades in acknowledging the essential nature
of affordable housing to the long-term sustainability of the community through the successful
implementation of policy, and facilitating the construction and acquisition of affordable housing
units; and,
WHEREAS, in spite of this success, Aspen, like many peer communities, faces new
challenges related to housing affordability that have been exacerbated by real estate trends
emerging from the COVID-19 pandemic. These challenges have been documented in the
recently released Mountain Migration Report,published by Northwest Colorado Council of
Governments in July of 2021.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ASPEN, COLORADO,
That the City Council of the City of Aspen hereby adopts the City of Aspen
2020-2026 Affordable Housing Strategic Plan and does hereby authorize the City Manager to
pursue the goals stated therein, including the following:
Increase number of Affordable Housing Units in the years 2022 through 20226 by 500:
This will be accomplished through the following fourteen development neutral, new
development, policy and compliance& sustainability tactics undertaken by the City as well as
through other public and private sector actions:
1. Replace Expiring Deed Restrictions with Permanent Deed Restrictions (Development
Neutral)
2. Complete Lumberyard Project(New Development)
3. Complete Burlingame Phase 3 Project(New Development)
4. Community Development Policy Actions (Policy)
5. Certificates of Affordable Housing Program Enhancements (Policy)
6. Develop Financial Resources for Construction, Expiring Deed Restrictions & Land
Banking (Policy)
7. APCHA Incentivized voluntary downsizing or voluntary buyout(Development Neutral)
8. Partnerships (New Development)
9. APCHA Compliance Actions (Compliance& Sustainability)
10. APCHA Policy Actions to increase number of available units (Policy)
11. APCHA Policy Actions to improve the sustainability housing inventory Compliance&
Sustainability)
12. Additional Development Neutral Program Elements (Development Neutral)
13. Land Banking (New Development)
14. Regional Collaboration(New Development)
INTRODUCED, READ AND ADOPTED by the City Council of the City of Aspen on
the 26`h day of April 2022.
Torre, Mayor
I,Nicole Henning, duly appointed and acting City Clerk do certify that the foregoing is a
true and accurate copy of that resolution adopted by the City Council of the City of Aspen,
Colorado, at a meeting held,April 261', 2022.
/ Nicole He ing, City Clerk