Loading...
HomeMy WebLinkAboutagenda.council.worksession.202207191 AGENDA Joint City Council / BOCC Work Session July 19, 2022 4:00 PM, City Council Chambers 427 Rio Grande Place Aspen, CO 81611 ZOOM MEETING INSTRUCTIONS Join from a PC, Mac, iPad, iPhone or Android device: Please click this URL to join. https://zoom.us/j/99653572969?pwd=SG1tMTFCTFdEZy9KTWdRUG9pa1lndz09 Passcode: 81611 Or join by phone: Dial: US: +1 346 248 7799 Webinar ID: 996 5357 2969 Passcode: 81611 International numbers available: https://zoom.us/u/aenmasMM5a I.WORK SESSION I.A.APCHA Board Interviews 1 MEMORANDUM TO: Mayor Torre and City Council FROM: Sara Ott, City Manager MEMO DATE: July 14, 2022 MEETING DATE: July 19, 2022 RE: Joint Meeting with Pitkin County Board of County Commissioners REQUEST OF COUNCIL: There is no Council direction requested. BACKGROUND INFORMATION: There is a joint meeting of the Aspen City Council and Pitkin County Board of County Commissioners (BOCC) scheduled for 4 pm on July 19, 2022 at Aspen Council Chambers. The agenda is focused on housing at the request of the mayor and BOCC chair. The meeting will begin with interviewing candidates for an expiring term for a community member position on the Aspen Pitkin County Housing Authority. There are two applicants – John Ward and Chris Council. Both the BOCC and the City Council will have opportunity ask questions. The BOCC and City Council will discuss candidates separately and then utilize the county/city managers to see if the governing boards agree on a preferred candidate or if additional applicants should be accepted. It is anticipated that the interviews will take approximately 1 hour. The 6th restated IGA is attached in full. In summary, there is one vacancy for a 4 year appointment. The applications and the Pitkin County staff report are included in your packet materials. The second hour of the meeting is scheduled for a roundtable on affordable housing moderated by the mayor. The following documents are being provided as background on the City’s housing philosophy and initiatives. 1. Aspen Area Community Plan Affordable Housing Chapter 2. Aspen Affordable Housing Strategic Plan 3. Affordable Housing Summary Slide Show 4. Recent Real Estate transaction data from the Aspen Area Board of Realtors 2 2 5. Colorado Municipal League summary of the Colorado Health Foundation Cost of Living and Housing Survey, Colorado Municipal League Newsletter, Vol. 48, No 13, July 1, 2022 3 RESOLUTION #60 Series of 2019) A RESOLUTION OF THE CITY OF ASPEN REPEALING THE PRIOR INTERGOVERNMENTAL AGREEMENT AND ITS AMENDMENTS CREATING THE ASPEN/PITKIN COUNTY HOUSING AUTHORITY IN THEIR ENTIRETY AND REPLACING SUCH AGREEMENT AND ITS AMENDMENTS WITH AN INTERGOVERNMENTAL AGREEMENT BETWEEN THE CITY OF ASPEN AND PITKIN COUNTY ESTABLISHING THE ASPEN/PITKIN COUNTY HOUSING AUTHORITY WHEREAS,there has been submitted to the City Council an intergovernmental agreement between the City of Aspen, Colorado, and the Board of County Commissioners of Pitkin County, a copy of which agreement is annexed hereto and made a part thereof, and WHEREAS,The City of Aspen and Pitkin County entered into an Intergovernmental Agreement (IGA) on November 8, 1982 establishing a Joint City/County Housing Authority and entered into an IGA on January 9, 1984, a First Amended and Restated IGA on September 26, 1989, a Second Amended and Restated IGA on September 13, 1999, a Third Amended and Restated IGA on October 28, 2002, a Fourth Amended and Restated IGA on December 20, 2007, and a Fifth Amended and Restated IGA on December 18, 2013, establishing a multi- jurisdictional housing authority(the Authority) as a separate government entity, and WHERAS, the City and County desire to continue to support an independent housing authority that has all of the powers set forth at Section 29-1-204.5, C.R.S., and WHEREAS,the City and the County desire to repeal and replace the Intergovernmental Agreements listed above, and WHEREAS,the City Council finds that it is in the best interests of the citizens of the City of Aspen County to approve this Resolution. NOW, THEREFORE BE IT RESOLVED that the City Council hereby repeals the previous Intergovernmental Agreement and its amendments set forth above in their entirety and approves the Intergovernmental Agreement, attached hereto as Exhibit A, between the City of Aspen and Pitkin County establishing the Aspen/Pitkin County Housing Authority and authorizes the Mayor to sign this Resolution and upon the satisfaction of the City Manager and City Attorney to sign such Intergovernmental Agreement. 4 FINALLY,adopted,passed and approved by the City Council of the Cit of Aspen on the 131' day of May 2019. Steven Ska on;Mayor 1, Linda Manning, 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 on the day hereinabove stated. ddnning, City Clerk 2 5 RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS BOCC") OF PITKIN COUNTY, COLORADO REPEALING RESOLUTION NO'S 131-1982,003-1984,008-1989, 179-1999, 132-2002, 105-2007 AND 092-2013 IN THEIR ENTIRETY AND ADOPTING,A RESOLUTION APPROVING AN INTERGOVERNMENTAL AGREEMENT BETWEEN THE CITY OF ASPEN AND PITKIN COUNTY ESTABLISHING THE ASPEN/PITKIN COUNTY HOUSING AUTHORITY RESOLUTION NO. 2019 RECITALS WHEREAS, Pursuant to Section 2.8.3 (Actions) of the Pitkin County Home Rule Charter HRC") official action by formal resolution shall be required for all actions of the Board not requiring ordinance power on matters of significant importance affecting citizens, and WHEREAS,The City of Aspen and Pitkin County entered into an Intergovernmental Agreement (IGA) on November 8, 1982 establishing a Joint City/County Housing Authority and entered into an IGA on January 9, 1984, a First Amended and Restated IGA on September 26, 1989, a Second Amended and Restated IGA on September 13, 1999, a Third Amended and Restated IGA on October 28, 2002, and a Fourth Amended and Restated IGA on December 20, 2007, establishing a multi-jurisdictional housing authority the Authority) as a separate government entity,and WHERAS, the City and County desire to continue to support an independent housing authority that has all of the powers set forth at Section 29-1-204.5, C.R.S., and WHEREAS, the City and the County desire to repeal and replace the Intergovernmental Agreements listed above, and WHEREAS, the BOCC finds that it is in the best interests of the citizens of Pitkin County to approve this Resolution. NOW,THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Pitkin County, Colorado that it hereby adopts a RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS (`BOCC") OF PITKIN COUNTY, COLORADO REPEALING RESOLUTION NO'S 131-1982, 003-1984,008-1989, 179-1999, 132-2002, 105-2007 AND 092-2013 IN THEIR ENTIRETY AND ADOPTING, A RESOLUTION APPROVING AN INTERGOVERNMENTAL AGREEMENT BETWEEN THE CITY OF ASPEN AND PITKIN COUNTY ESTABLISHING THE ASPEN/PITKIN COUNTY HOUSING AUTHORITY and authorizes the Chair to sign the Resolution and upon the satisfaction of the County Attorney as to form,execute any other associated documents necessary to complete this matter. 6 INTRODUCED AND FIRST READ ON THE DAY OF120194THANDSETFORSECONDREADINGANDPUBLICHEARINGDAY OF 2019. NOTICE OF PUBLIC HEARING AND TITLE AND SHORT SUMMARY OF-THE RESOLUTION PUBLISHED IN THE ASPEN TIMES WEEKLY ON THE q DAY OF 2019. NOTICE OF PUBLIC HEARING AND THE FULL TEXT OF THE RESOLUTION POSTED ON THE OFFICIAL PITKIN COUNTY WEBSITE (www.pitkincounty.com) ON THEq0- DAY OF)_ 2019. ADOPTED AFTER FINAL READING AND PUBLIC HEARING ON THE DAY OF 2019. PUBLISHED BY TITLE AND SHORT SUMMARY,AFTER ADOPTION, IN THE ASPEN TIMES WEEKLY ON THEO)—DAY OF Nfdor , 2019. POSTED BY TITLE AND SHORT SUMMARY Ofl THE OFFICI L PTTKIN COUNTY WEBSITE (www pitkincounty com ) ON THE% DAY OF 2019. ATTEST: BOARD OF COUNTY COMMISSIONERS B By:4Jtyte Jones G chman, Chair County Cle Date: APPROVED AS TO FORM: MANAGER APPROVAL A r John Ely, qbu-iit AW6iney Jon Pe cock, County MEWager 2 7 Attachment A INTERGOVERNMENTAL AGREEMENT BETWEEN THE CITY OF ASPEN AND PITKIN COUNTY ESTABLISHING THE ASPEN/PITKIN COUNTY HOUSING AUTHORITY This INTERGOVERNMENTAL AGREEMENT (hereinafter referred to as "Agreement"), made and entered into thisI day of May, 2019, by and between the CITY OF ASPEN, Colorado, a home rule municipal corporation(hereinafter referred to as"City")and the BOARD OF COUNTY COMMISSIONERS of Pitkin County,Colorado,a body corporate and politic(hereinafter referred to as"County").This Agreement shall become effective as of the 1st day of August,2019("Effective Date") regardless of the dates on which it is signed. RECITALS: WHEREAS, the City is authorized by Article XX, Section 6 of the Colorado Constitution and City and County are each authorized by Article XIV, Section 18 of the Colorado Constitution, Section 29-1- 204.5, Colorado Revised Statutes to contract with each other to establish a multi jurisdictional housing authority as a separate government entity; and WHEREAS, the City and County entered into an Intergovernmental Agreement on November 8, 1982,an Intergovernmental Agreement on January 9, 1984, an Amended and Restated Intergovernmental Agreement on September 26, 1989, a Second Amended and Restated Intergovernmental Agreement on September 13, 1999, a Third Amended and Restated Intergovernmental Agreement on October 28, 2002, a Fourth Amended and Restated Intergovernmental Agreement on December 20, 2007, and a Fifth Amended and Restated Intergovernmental Agreement on December, 2013 establishing a multi- jurisdictional housing authority under the provision of C.R.S. 1973, Section 29-1-204.5 which authority is known as the Aspen/Pitkin County Housing Authority(APCHA) (hereinafter referred to as "Authority") for the purpose of providing a program and a system to assure the existence of a supply of desirable and affordable housing for permanent residents, persons employed in the City or the County, senior citizens, disabled persons and other population segments residing or needing to reside in the Roaring Fork Valley which are necessary for a balanced community; and WHEREAS, the City and County desire to create an independent housing authority that has all of the powers set forth at Section 29-1-204.5,C.R.S.;and WHEREAS, the City and the County desire to repeal all prior agreements and enter into a revised Agreement with the provisions contained herein. AGREEMENT NOW, THEREFORE, in consideration of the mutual benefits to be derived hereby, the City and the County hereby agree to repeal the Intergovernmental Agreement of November 8, 1982, the Intergovernmental Agreement of January 9, 1984, the Intergovernmental Agreement of January 9, 1984, the Amended and Restated Intergovernmental Agreement on September 26, 1989,the Second Amended and Restated Intergovernmental Agreement on September 13, 1989, the Third Amended and Restated Intergovernmental Agreement on October 28, 2002, the Fourth Amended and Restated Intergovernmental Agreement on December 20, 2007, the Fifth Amended and Restated Intergovernmental Agreement on December, 2013,and approve this agreement to be effective on the date first stated above(Effective Date). APCHA Intergovernmental Agreement—Draft May 8,2019 page 1 8 Attachment A I.MULTI-JURISDICTIONAL HOUSING AUTHORITY—PURPOSE: The Aspen/Pitkin County Housing Authority (hereinafter referred to as "Authority") has been established as a multi jurisdictional housing authority for the purpose of assisting the City and County,upon request by either party, in effecting the planning, financing, acquisition, construction, development, reconstruction or repair, maintenance, management and operation of housing projects pursuant to a multi- jurisdictional plan to provide residential facilities and dwelling accommodations at rental or sale prices within the means of families or persons of low, moderate and middle income who are employed in the City or the County, who reside or need to reside in the City or County, and who have identifiable needs for affordable housing; e.g., limited incomes, senior citizens and disabled persons, as defined by the Authority in published guidelines. The Authority shall be a political subdivision and a public corporation for the State of Colorado, separate from the City and County, and shall be a validly created and existing political subdivision and public corporation of the State of Colorado. It shall have the duties, privileges, immunities, rights, liabilities, and disabilities of a public body politic and corporate. The provisions of Articles 10.5 (the Public Deposit Protection Act") of Title 11, Colorado Revised Statues, shall apply to monies of the Authority. The Authority shall have any and all powers, duties, rights and obligations as such are set forth herein and subject to the terms and conditions of this Agreement. In order to facilitate management oversight and to provide additional resources to the Authority, the Authority shall delegate to the City certain administrative functions as more fully described herein: U. BOARD OF DIRECTORS: A. Number,Manner of Appointment, Qualifications,etc.: The Authority Board shall consist of five (5) directors (hereinafter referred to as "Directors"), and three(3) alternates to be appointed as follows: 1. One (1) Director shall be a member of the City Council and shall be appointed by the City Council. One (1) Director shall be a member of the Board of County Commissioners and shall be appointed by the Board of County Commissioners. 2. One(1) Alternate Director shall be a member of the City Council and shall be appointed by the City Council.One (1) Alternate Director shall be shall be a member of the Board of County Commissioners and shall be appointed by the Board of County Commissioners. In the event the Director from City Council or the Director from the Board of County Commissioners are not present, they may only be represented by the Alternate Director appointed from their respective elected body. 3. Three (3) Directors and one (1) Alternate Director shall be jointly appointed by the City Council and Board of County Commissioners,and shall serve staggered terms. 4. As soon as reasonable after the effective date of this Amended Agreement, the City Council and the Board of County Commissioners shall jointly appoint the Directors. All Directors shall be appointed for a four-year term. Each director will be term limited to two (2) consecutive four-year terms. A one-year absence from the Authority Board will be required before a director can reapply. Terms limits will begin with the approval of this Agreement. To initiate staggered term, the first term for each appointment shall be one (1) Director for two (2) years, one (1) Director for three (3) years, one(1) Director for four(4) years and the Alternate Director for four(4) years. APCHA Intergovernmental Agreement—Draft May 8,2014 page 2 9 Attachment A 5. Directors and the Alternate Directors shall continue to serve as Directors until such time as a successor has been appointed. 6. Jointly appointed Directors and Alternate Director may be removed at the recommendation of the Authority Board with approval from City Council and County Commissioners. Upon removal of a jointly appointed Director or Alternate Director, a replacement shall be appointed for the unexpired term of the removed Director or Alternate pursuant to paragraph 2(A) 3 of this agreement. 7. Directors appointed from the City Council and Board of County Commissioners shall serve at the pleasure of their respective elected bodies. B. Officers. The officers of the Authority shall be a Chair,a Vice Chair,a Treasurer, and a Secretary. I. Chair. The Chair shall preside at all meetings of the Authority. At each meeting, the Chair shall submit such recommendations and information as she or he may consider proper concerning the business,affairs and policies of the Authority. 2. Vice Chair. The Vice Chair shall perform the duties of the Chair in the absence or incapacity of the Chair; and in case of the resignation or death of the Chair, the Vice Chair shall perform such duties as are imposed on the Chair until such time as the Authority shall select a new Chair. 3. Treasurer. The Treasurer shall perform the duties of the Chair in the absence or incapacity of both the Chair and the Vice Chair. With respect to expenses incurred directly by the Authority(as distinguished from expenses of either the City or County for affordable housing projects and their operations), either the Treasurer or the Secretary shall approve all orders and checks for payment of money and shall payout and disburse such monies under the direction of the City's Finance Director. The Treasurer shall serve as advisor to the Authority and the Board on financial matters. 4. Secretary. The Secretary shall ensure that the records of the Authority are properly maintained, shall act as Secretary of the meetings of the Authority and ensure that all votes are recorded, and shall ensure that a record of the proceedings of the Authority are maintained in a journal of proceedings to be kept for such purpose, and shall perform all duties incident to his or her office. 5. Election or Appointment. The Chair, Vice Chair, Treasurer, and Secretary shall be elected at the annual meeting of the Authority from among the Directors of the Board, and shall hold office for one year or until their successors are elected and qualified. 6. Vacancies. Should the office of Chair, Vice Chair, Treasurer, or Secretary become vacant, the Board shall elect a successor from its membership at the next regular meeting and such election shall be for the unexpired term of said office. C. Voting Requirements: 1. Quorum. The powers of the Authority shall be vested in the Directors of the Board in office from time to time. Three (3) Directors of the Board, with a representative from the APCHA Intergovernmental Agreement-Draft May 8,2019 page 3 10 Attachment A City Council and a representative from the County Commissioners present, shall constitute a quorum for the purpose of conducting Authority business, exercising Authority powers and for all other purposes. When a quorum is in attendance, action may be taken by the Authority upon a vote of a majority of the Directors of the Board present. Alternate Directors may be counted for purposes of determining the existence of a quorum at a meeting and may have his or her vote counted only when the Director of the body they represent is not present. 2. Manner of Voting. The voting on all questions coming before the Authority shall be by roll call, and the yeas and nays shall be entered upon the minutes of each meeting by name,except on the election of officers that may be by ballot. D. Duties of the Officers. The officers of the Authority shall perform the duties and functions of the Authority as prescribed herein and such other duties and functions as may from time to time be required by the Authority, the by-laws or rules and regulations of the Authority, or upon the request of the City and County. III. DUTIES OF THE PARTIES: A. Personnel. 1. An Executive Director of the Authority shall be employed by the City who shall report to and be supervised by the City Manager. The City Manager and County Manager shall jointly hire the Executive Director.The City Manager shall have the authority to terminate the employment of the Executive Director in accordance with City Personnel Policies and Procedures, but shall exercise this authority only after reasonable consultation with the County Manager. 2. The Executive Director and all other personnel employed to work under the supervision of the Executive Director shall be City employees, subject to the City's payroll, benefits, and personnel policies and procedures (including disciplinary procedures). 3. The Executive Director shall work under the supervision of the City Manager and shall receive work assignments from the City Manager consistent with the Strategic Plan and Annual Work Plan/Budget (see section Hl,C,I). The Authority Board may suggest work assignments for the Executive Director to the City Manager, but shall have no authority to directly assign work, tasks, or priorities to the Executive Director or any of his or her staff. 4. Nothing in this Agreement shall create, or is intended to create, or shall be construed to constitute a contract of employment, express or implied, between the Executive Director and the Authority, the City or the County. B. Finances and Accounting. 1. The Executive Director shall annually consult and cooperatively work with the City and County Finance Directors or their representatives to prepare proposed budgets for the City and County relating to affordable housing in their respective jurisdictions. The Authority Board, upon reviewing the annual work plan and budget as presented by the APCHA Intergovernmental Agreement—Draft May 8,2014 page 4 11 Attachment A Executive Director shall make recommendation to the City and County for their adoption. The annual budgets shall include funds necessary to reimburse the City for overhead expenses for personnel, finance, administrative, legal, and asset management services consistent with fees charged to other City departments. 2. The Executive Director shall annually consult and cooperatively work with the City's Finance Director or their representative to ensure the proper care and custody of all funds of the Authority, the prompt payment of all obligations of the Authority, and the keeping of regular books of accounts showing receipts and expenditures of the Authority. The Executive Director shall render to the Authority, the City and the County, at their regular meetings, or sooner if requested, an account of Authority transactions and also of the financial condition of the Authority. 3. All accounting, payroll, and audit services for the Authority shall be performed by the Finance Department of the City. 4. The City's procurement policies, contract documents, and approval policies shall be used for all procurements of goods and services of the Authority. 5. For each fiscal year of the City, the County and the Authority (each January 1 through each December 31), the City and County shall each appropriate their prorated share of operational monies necessary to provide for any budgeted deficit arising in connection with the Authority's operations which has been approved by the City and County, provided, however,that bonds, notes or other obligations payable solely from revenues as described in Section III hereof shall never constitute an indebtedness of the City or the County. The City and County shall each pay for 50% of the normal operating expenses of the Authority. This shall include such normal operating expenses as guideline development, qualifying applicants, enforcement, property management, etc. The City and County shall pay its share of any special projects, which either party may request to be included in the Annual Work Plan. 6. The County shall pay to the City for the benefit of the Authority its share of the Authority's annual budget upon the request of the Finance Director of the City. Both the City Council and the Board of County Commissioners shall approve any increases to the expense budget. 7. On or before June 15 of each fiscal year, the actual operations for the Authority for the immediate preceding fiscal year shall be reviewed by the City and County Finance Directors with the Executive Director for the determination of any necessary final reimbursements (and, therefore, necessary supplemental appropriations of monies by the City and the County) as a result of any non-budget appropriation of Authority staff or expenditure. The City and County hereby agree to make all necessary appropriations within a reasonable time to reconcile the final appropriations of each entity. C. Operations. 1. Strategic Plan and Annual Work PlardBudget. In the first year of this agreement, the Executive Director will work with the Authority Board to create a strategic plan defining the overall mission, vision, values and key objectives of the Authority. The strategic plan shall be ratified by the City Council and Board of County Commissioners and shall be updated at a minimum every five years. Changes to the Strategic plan shall be ratified by APCHA Intergovernmental Agreement—Draft May 8,2019 page 5 12 Attachment A the City Council and Board of County Commissioners. Pursuant to the approved strategic plan the Authority Board, working with the Executive Director, shall prepare an annual work plan and budget that specifies goals, tasks, responsible employees, timelines, and required budget for the operation of the Authority. The annual work plan and budget shall include a summary detailing progress made in the implementation of objectives set forth in the Authority's strategic plan. Following the finalization of the annual work plan by the Authority Board, the Executive Director shall meet with the City and County Managers. The Annual Work Plan shall be presented in August for the following Calendar Year and shall be the basis of the Authority's funding request to the City and County. 2. Affordable Housing Guidelines. The Executive Director shall review the Affordable Housing Guidelines when necessary, including updates and recommendations for changes that: a. Identifies category qualifications for ownership and rental housing within the City and County for the population segments identified by the Authority as required by existing agreements and land use regulations. b. The Authority Board shall review the Affordable Housing Guidelines, including deletions and additions, submitted to it by the Executive Director. Final approval of Guideline changes shall be made by the Authority Board. Guideline changes shall be brought forward in a resolution that shall require two readings separated by a minimum of 10 business days and a public hearing and public comment at the second reading. 3. The Authority Board. The Authority Board shall meet at least monthly to conduct its business. All meetings of the Authority shall be conducted in accordance with the Colorado Open Meetings Law, Sections 24-6-401, el seq., C.R.S. and the City of Aspen Municipal Code. The Authority shall be responsible for the following duties: a. To act as affordable housing advocates in all of its business by representing the views and perspectives of the larger communities of the City and County and translating those views and perspectives into concrete recommendations to the City and County; and b. To review and make recommendations to the City and County with respect to the Strategic Plan, Annual Work Plan/Budget, Housing Guidelines, Affordable Housing Action Plans of the Aspen Area Community Plan,and Pitkin County Comprehensive Plans and Master Plans and advise on any other affordable housing related matters referred to it by either the City or County; and c. To review specific development proposals initiated by the City or County and make recommendations thereon upon the request of either the City or County; and d. To assist the City, County, and Executive Director, upon request, to define the need, planning, undertaking, construction, operation, or financing of low, lower moderate, upper moderate, middle and upper middle income housing for the population segments designated here or identified by the Authority residing in or needing to reside in the City or the County; and e. To assist the City, County and Executive Director, upon request, to plan, finance, acquire, construct, reconstruct or repair, maintain, manage, and operate housing projects pursuant to the Annual Work Plan;and APCHA Intergovernmental Agreement—Draft May 8.2019 page 6 13 Attachment A f. To assist the City, County and Executive Director, upon request, to purchase, acquire, obtain options, hold; lease (as lessor or lessee), sell, or otherwise dispose of any real or personal property, commodity, or service from firms, corporations, the City, the County,other governmental entities or any other persons; and g. To assist the City,County and Executive Director,upon request,to investigate housing needs within the jurisdiction of the City or the County and the means and methods for improving those conditions; and h. To review growth management policy applications (or equivalent application procedures as the same are developed or established from time to time) by developers for low, lower moderate; upper moderate, middle and upper middle income housing in the City or the County as requested by the respective Community Development Departments of the City or the County for conformance with housing needs; and I. To enforce all aspects of the affordable housing program, including, but not necessarily limited to, the enforcement of deed restrictions (where the beneficiary is the City of Aspen, Pitkin County, and/or the Authority), and the adoption of guidelines or regulations for the implementation of the Authority's duties pursuant to CRS 29-1-204.5 and this IGA. This includes the authority to adopt a program of civil penalties to be imposed for violations of deed restrictions and the Authority's guidelines or regulations, and to establish the position of a hearing officer for such purposes 4. The Executive Director. The Executive Director shall be responsible for the following duties in addition to any duties assigned to him or her by the City Manager: a. Working closely with the Authority Board and the County and City Managers to develop an Annual Work Plan and thereafter implementing said Work Plan under the supervision of the City Manager; and b. Maintaining records of all existing rental or resale deed restricted housing, including City Accessory Dwelling Units(ADUs)and County Caretaker Dwelling Units(CDUs) for the population segments designated herein or identified by the Authority and assure that such housing is used and occupied in accordance with existing City or County development approvals, contracts, or financing requirements;and c. Taking all steps reasonably necessary to assure that all deed restricted units of housing comply with City and County regulations or resolutions concerning the development and administration of rental or resale restricted housing, including but not limited to administrative review of City and County land use applications as requested by the City or County Community Development department; and d. Negotiating contracts as required to provide for management of deed-restricted Authority units (as that term is defined in the Affordable Housing Guidelines as such guidelines are published, modified, amended and supplemented from time to time); and APCHA Intergovernmental Agreement—Draft May 8,2019 page 7 14 Attachment A e. To review and recommend establishment of a computerized rental availability record system for use by the City, the County, the population segments designated herein or identified by the Authority and members of the general public;and f. Oversee the process for marketing and reviewing qualification of applicants for rental deed restricted or for sale affordable housing units, and for marketing, reviewing qualifications of applicants for, and arranging for transfer of title of deed restricted units; and g. Investigate and maintain data indicating housing needs within the jurisdiction of the City or the County for the population segments designated herein or identified by the Authority and the means and methods for improving those conditions;and h. To review Aspen Area Community Plan and County neighborhood and comprehensive plans and strategic initiative related to housing and recommend code changes associated with the provisions o of said plans as they are modified,amended and supplemented from time to time. IV. BONDS, NOTES AND OTHER OBLIGATIONS: A. The bonds, notes, and other obligations of the Authority shall not be the debts, liabilities, or obligations of the City or the County unless expressly assumed by the City or the County. B. The City and the County may provide for payment to the Authority of funds from proprietary revenues for services rendered or facilities provided by the Authority, from proprietary revenues or other public funds as contributions to defray the cost of any purpose set forth herein, and from proprietary revenues or other public funds as advances for any purpose subject to repayment by the Authority. C. To carry out the purposes for which the Authority was established, the Authority is authorized to issue bonds, notes, or other obligations payable solely from the revenues derived or to be derived from the function, service, or facilities of the Authority or from any other available funds of the Authority. The terms, conditions, and details of said bonds, notes, and other obligations, the procedures related thereto, and the refunding thereof shall be set forth in the resolution authorizing said bonds, notes, or other obligations and shall, as nearly as may be practicable, be substantially the same as those provided by law for any of the contracting parties to this Intergovernmental Agreement; except that bonds, notes, or other obligations so issued shall not constitute an indebtedness of the Authority, the City or the County within the meaning of any constitutional, home rule charter or statutory limitation or other provision unless expressly assumed by the City or the County. Each bond, note, or other obligation issued under this subsection shall recite in substance that said bond, note, or other obligation, including the interest thereon, is payable solely from the revenues and other available funds of the Authority pledged for the payment thereof unless expressly assumed by the City or the County and that said bond, note, or other obligation does not constitute a debt of the Authority, the City or the County or within the meaning of any constitutional, home rule charter or statutory limitations or provisions unless expressly assumed by the City or the County. Notwithstanding anything in this Section IV to the contrary, such bonds, notes, and other obligations may be issued to mature at such times not beyond forty (40) years from their respective issue dates, shall bear interest at such rates, and shall be sold at such prices at, above or below the principal amount thereof, as shall be determined by the Board. APCHA Intergovernmental Agreement—Draft May 8,2014 page 8 15 Attachment A D. The resolution, trust indenture, or other security agreement under which any bonds, notes, or other obligations are issued shall constitute a contract with the holders thereof, and it may contain such provisions as shall be determined by the Board to be appropriate and necessary in connection with the issuance thereof and to provide security for the payment thereof, including, without limitation, any mortgage or other security interest in any revenues, funds, rights, or properties of the Authority. The bonds, notes and other obligations of the Authority and the income therefrom are exempt from taxation, except inheritance, estate, and transfer taxes pursuant to the Colorado Revised Statutes. V. LEGAL ASSISTANCE: The Authority Board may retain independent legal counsel, as needed, for day-to-day consultation and legal advice. The City Attorney shall review all contract documents that purport to legally obligate the City in any fashion.The County Attorney shall review all contract documents that purport to legally obligate the County in any fashion. VI. DISPOSITION OF ASSETS UPON TERMINATION: In the event of the termination of this Intergovernmental Agreement, which termination may only occur in accordance with the requirements and limitations of Section VII hereof,and the resulting dissolution of the Authority,the assets of the Authority shall be distributed as follows: A. All assets acquired from contributions from the City or the County shall be returned to the contributing party if said assets are still in existence. B. If assets contributed to the Authority are not in existence, the contributing party shall have the option of receiving the fair market value of the asset at the time of disposal by the Authority in either cash or assets of the Authority. C. All remaining assets acquired by the Authority after the date of this Intergovernmental Agreement from funds provided by the parties shall be distributed to the parties on the basis of the appraised value of said assets at the time of termination and in the same proportion as the respective contributions of funds by the parties for acquisition of the asset. D. The City and the County may agree to dispose of any assets of the Authority in any other acceptable manner. E. If the City and he County cannot agree on the disposition of any assets of the Authority within sixty(60)days after termination,said assets shall be subject to an independent appraisal and shall be sold at public auction as soon as practicable with the proceeds allocated to the City and the County in the same proportion as the total contribution of funds by the respective parties for acquisition of the asset. VII. ANNUAL RENEWAL AND TERMINATION: The term of this Intergovernmental Agreement shall be from the effective date hereof through and shall automatically be renewed for successive one-year periods thereafter. Either party hereto may terminate this Intergovernmental Agreement for any reason upon ninety 90) days' written notice, provided, however, that this Intergovernmental Agreement may not be terminated or rescinded so long as the Authority has bonds,notes, or other obligations outstanding, APCHA Intergovernmental Agreement—Draft May 8.2019 page 9 16 Attachment A unless provision for full payment of such obligations, by escrow or otherwise, has been made pursuant to the terms of such obligations; provided, however, that if full payment has been provided by escrow, such termination or rescission shall not occur unless nationally recognized bond counsel has delivered an opinion to the effect that such termination or rescission, in and of itself, will not adversely affect the tax status of the interest on such escrowed obligations. Furthermore, this Intergovernmental Agreement may not be terminated if the Authority has obligations to the U.S. Department of Housing and Urban Development under any Low Rent Public Housing Program, or other similar program, unless those obligations are assumed by the City or the County. VIII. ASSIGNABILITY: This agreement is not assignable by either party. IX. MODIFICATION OF THIS AGREEMENT: This Agreement may be changed or modified only in writing by an agreement approved by the City Council and Board of County Commissioners,acting separate and signed by authorized officers. X. ENTIRE AGREEMENT: This Agreement constitutes the entire Agreement between the parties and all other promises and agreements relating to the subject of this Agreement,whether oral or written,are merged herein. Xi. SEVERABILITY: Should any one or more sections or provisions of this Agreement be judicially adjudged invalid or unenforceable, such judgment shall not affect, impair,or invalidate the remaining provisions of this Agreement, the intention being that the various sections and provisions hereof are severable. XII. NOTICE: Any notice required or permitted under this Agreement shall be in writing and shall be provided by electronic delivery to the e-mail addresses set forth below and by one of the following methods 1) hand-delivery or 2)registered or certified mail,postage pre-paid to the mailing addresses set forth below.Each party by notice sent under this paragraph may change the address to which future notices should be sent. Electronic delivery of notices shall be considered delivered upon receipt of confirmation of delivery on the part of the sender. Nothing contained herein shall be construed to preclude personal service of any notice in the manner prescribed for personal service of a summons or other legal process. To: City of Aspen With copies to: Aspen City Council Aspen City Attorney c/o City Manager 130 South Galena Street 130 South Galena Street Aspen,Colorado 81611 Aspen,Colorado 81611 APCHA Intergovernmental Agreement—Draft May 8,2019 page 10 17 Attachment A To: Pitkin County With Copies to: Board of County Commissioners Pitkin County Attorney's Office c/o County Manager 530 E Main Street, Suite 301 530 East Main Street, Suite 302 Aspen, Colorado 81611 Aspen, Colorado 81611 attoLrko @pitkincounty.com jon.l)cacock@pitkincounty.com To: Aspen/Pitkin County Housing Authority c/o Executive Director 210 E. Hyman Ave., Suite 202 Aspen, CO 81611 XIII. GOVERNMENT IMMUNITY: The parties agree and understand that both parties are relying on and do not waive, by any provisions of this Agreement, the monetary limitations or terms or any other rights, immunities, and protections provided by the Colorado Governmental Immunity Act, C.R.S. 24-10-101, et seq.,as from time to time amended or otherwise available to the parties or any of their officers, agents, or employees. XIV. CURRENT YEAR OBLIGATIONS. The parties acknowledge and agree that any payments provided for hereunder or requirements for future appropriations shall constitute only currently budgeted expenditures of the parties. The parties' obligations under this Agreement are subject to each individual party's annual right to budget and appropriate the sums necessary to provide the services set forth herein. No provision of this Agreement shall be construed or interpreted as creating a multiple fiscal year direct or indirect debt or other financial obligation of either or both parties within the meaning of any constitutional or statutory debt limitation. This Agreement shall not be construed to pledge or create a lien on any class or source of either parties' bonds or any obligations payable from any class or source of each individual party's money. XV. BINDING RIGHTS AND OBLIGATIONS. The rights and obligations of the parties under this Agreement shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns. XVI. AGREEMENT MADE IN COLORADO. This Agreement shall be construed according to the laws of the State of Colorado,and venue for any action shall be in the District Court in and for Pitkin County,Colorado. XVII. ATTORNEY FEES. In the event that legal action is necessary to enforce any of the provisions of this Agreement, the substantially prevailing party,whether by final judgment or out of court settlement, shall recover from the other party all costs and expenses of such action or suit including reasonable attorney fees. APCHA Intergovernmental Agreement—Draft May 8,2019 page 11 18 Attachment A XVIII. NO WAIVER. The waiver by any party to this Agreement of any term or condition of this Agreement shall not operate or be construed as a waiver of any subsequent breach by any party. XIX. AUTHORITY. Each person signing this Agreement represents and warrants that said person is fully authorized to enter into and execute this Agreement and to bind the party it represents to the terms and conditions hereof. The foregoing Agreement is approved by TY o 1 i3.c at its regular meeting held on the day of 2019. IN WITNESS WHEREOF, the parties hereto have executed this Intergovernmental Agreement on the day and year first above written. ATTEST: CITY COUNCIL F ASPEN,COLORADO BY Y- Linda Manning,Town Cie ad r , Mayor APPROVED AS TO FORM: By: ' mes True,City Attorney BOARD OF COUNTY COMMISSIONERS OF APPROVED AS TO FORM: PITKIN COUNTY,COLORADO By: By: e , oschman,Chair 1 m EI unty Attorney C- Manager Approval: By: Jon Pea ck,County Man r APCHA Intergovernmental Agreement—Draft May 8,2019 page 12 19 AGENDA ITEM SUMMARY WORK SESSION DATE: July 19, 2022 AGENDA ITEM TITLE: Citizen Board Interview - Chris Council / Aspen Pitkin County Housing Authority (APCHA) Board STAFF RESPONSIBLE: Charlotte Anderson _____________________________________________________________________ ISSUE STATEMENT: Staff has been advertising regularly when there are any vacancies on Citizen Boards. The Aspen Pitkin County Housing Authority Board (APCHA) has one regular vacancy due to John Ward’s term expiring in August 2022. Chris Council has applied and will be interviewed today at the joint City of Aspen and Pitkin County Commissioner meeting. John Ward wishes to renew his term and will also be interviewed today. BACKGROUND: Housing Authority is established pursuant to Intergovernmental Agreement #66(82) The Board consists of eight members as follows: three (3) regular and one (1) alternate citizen appointed jointly by city council and county commissioners, two (2) City Council appointed directors, two (2) Board of County Commissioner appointed directors. All members shall serve four (4) years, staggered terms, preference is given to residents living in the County for at least one year, and members shall not be a part of any local Housing Authority. The purpose of this board is to investigate housing conditions/needs in the city and county; prepare and carry out construction, reconstruction, improvements and alterations of any project; issue bonds, borrow funds, secure mortgages; manage existing employee housing projects; adopt rental and ownership qualifications on an annual basis; market units and review applicants. LINK TO STRATEGIC PLAN: Core Focus Area: Livable & supportive Community. Success Factor #5: Improved community engagement and participation KEY DISCUSSION ITEMS: Chris will attend your Work Session today for an interview. BUDGETARY IMPACT: None RECOMMENDED BOCC ACTION: Advise staff of your decision. ATTACHMENTS: ● Attachment A: Chris Council Application ● Attachment B: Chris Council Resume ● Attachment C: APCHA Roster 20 7/8/22, 8:30 AM Pitkin County Mail - Online Form Submittal: Citizen Board Application Form https://mail.google.com/mail/u/0/?ik=55c4318ae9&view=pt&search=all&permthid=thread-f%3A1737744752536812894&simpl=msg-f%3A1737744752…1/2 Charlotte Anderson <> Online Form Submittal: Citizen Board Application Form 1 message noreply@civicplus.com <noreply@civicplus.com>Thu, Jul 7, 2022 at 7:08 PM To: Citizen Board Application Form Pitkin County seeks to create an inclusive and accessible process for individuals who wish to serve on citizen boards. We strive to ensure that board members are committed to our values around health and the environment, inclusion and equity, quality data and lived experiences, and are representative of the communities we serve. Select the Board, Commission, or Committee applying for Housing Authority Personal Information First Name Chris Last Name Council Physical Address Mailing Address City Snowmass Village State CO Zip 81615 Home Phone Number Business Address Business Phone Number 9 Occupation Photographer Email Address Residency Information Length of Residency in Pitkin County 11 years Education and Hobbies High School St. Mary’s High School, Annapolis MD ATTACHMENT A 21 7/8/22, 8:30 AM Pitkin County Mail - Online Form Submittal: Citizen Board Application Form https://mail.google.com/mail/u/0/?ik=55c4318ae9&view=pt&search=all&permthid=thread-f%3A1737744752536812894&simpl=msg-f%3A1737744752…2/2 College Loyola University Maryland Trade or Business School Field not completed. Hobbies Skiing, hiking, mountain biking, travel Organization Membership Information Are you currently serving on other Boards, Commissions, or Committees? No If yes, which Field not completed. Have you served on a Board, Commission, or Committee before? Yes If yes, which APHCA Please list organization memberships and positions held Team Rubicon, communications leader, Western Slope CO Please List Areas of Special Interest Affordable housing in Pitkin County How did you hear about this opportunity? Carson Schmitz Please Attach Your Resume as a pdf ChristopherCouncilResume.pdf Email not displaying correctly? View it in your browser. 22 CAREER PROFILE: •Project & Operations Management •Financial Analysis & Accounting •Business Strategy •Business & Program Development •Staff Development & Leadership •Continuous Process Improvement •Fundraising •Commercial & Editorial Photographer C2 Photography, Aspen, Colorado Aug. 2010 to present President: Oversee business development, marketing, contract negotiations and financial accounting. Execute photography assignments for commercial, editorial and corporate clients with a focus on creating vibrant images for resorts & hotels, the travel and tourism industry and magazines. Aspen Daily News, Aspen, Colorado Aug. 2011 to April 2014 Chief Photographer: Provided daily photo coverage for the newspaper including breaking news, features, sports and enterprise pieces. Developed a photo internship to engage college students and the next generation of photojournalists. Organized the photo archive and implemented a standardized workflow. Wrote long-form reported stories on a regular basis that covered environmental, investigative, feature and enterprise topics. Photos consistently placed in the monthly National Press Photographers Association contest. Contributed images to Getty Images, the Associated Press and the Denver Post. Chesapeake Habitat for Humanity, Baltimore, Maryland Jan. 2008 to June 2010 ReStore Director: Managed the opening and operation of the Restore, a social enterprise of Habitat for Humanity that sells donated building materials. The role included strategy development, operational efficiency, budgeting, financial and operational analysis, and marketing. Downside Up, Moscow, Russia Feb. 2006 to July 2007 Fundraising Consultant: Raised funds from multi-national corporations to support the charity sports programs of Downside Up, a Russian nonprofit dedicated to children with Down’s Syndrome. Sylvan Beach Foundation, Baltimore, Maryland Aug. 2003 to May 2005 Chief Executive Officer: Responsible for general oversight of the organization, including operations, finances, marketing, strategy, fundraising, and program development. Sylvan Beach is an entrepreneurial non-profit that provides housing, job-training, and education to at-risk young men ages 18-22. Net Impact / AmeriCorps VISTA, San Francisco, California July 2002 to July 2003 Program Manager: Developed and launched a national Service Corps that provides pro-bono consulting to nonprofit organizations through the skillset utilization of MBA students across the country. Aether Systems, Owings Mills, Maryland Nov. 2001 to July 2002 Accountant/Financial Analyst: Provided accounting support and financial analysis for the Transportation and Logistics business unit. Vail Resorts, Breckenridge, Colorado Dec. 2000 to April 2001 Professional Ski Instructor: Taught and developed skiers with a focus on exceptional customer service. ATTACHMENT B 23 page two McMaster-Carr, Atlanta, Georgia July 1999 to Dec. 2000 Management Program: Fast-track promotion through increasingly responsible operations management positions with the second largest industrial distributor in the U.S. PricewaterhouseCoopers LLP, Baltimore, Maryland June 1997 to June 1999 Assurance and Business Advisory Services Associate: Provided assurance services to clients through obtaining an understanding of the relevant industry, analyzing control environments, and performing substantive testing EDUCATION Loyola College in Maryland Bachelor of Business Administration degree in Accounting (3.8 GPA), Summa Cum Laude, 1998. ADDITIONAL SKILLS A strong technical background that includes: multiple software platforms; website development, especially on the Word Press platform; database structure; server management; encryption technologies; best practices for IT security; email systems management. Fluency in Quickbooks accounting software for small businesses and advanced knowledge of Excel spreadsheet software for budgeting, modeling and financial analysis. Multimedia story development using Adobe Premiere Pro and Final Cut X. Knowledge and use of social media such as Twitter, Facebook and Instagram. LANGUAGE & CULTURAL SKILLS Lived in Moscow, Russia from 2005-2007 and have basic conversational Russian skills plus a knowledge of the Russian culture, geopolitical situation, history and geography. MEMBERSHIPS National Press Photographers Association (NPPA). American Society of Media Photographers (ASMP). ACCOMPLISHMENTS • Certified public accountant (C.P.A.): licensed in Maryland and Colorado. • Former board member of the Aspen Pitkin County Housing authority. • Volunteered with All Hands and Hearts in the Bahamas following Hurricane Dorian (Feb – Mar 2021) to assist with post-disaster rebuilding. • Volunteered with All Hands and Hearts in the USVI following hurricane Maria (December 2017) to assist with post-disaster recovery. • Completed a solo bicycle ride across the United States and the East Coast of Australia. • Summited Mt. Kilimanjaro. • Avid hiker and backpacker, including locations such as the backcountry of Kamchatka, Peru and Colorado. • PADI certified Rescue SCUBA Diver – includes emergency first response primary and secondary care. • Team Rubicon Communications Leader (volunteer) for Western Colorado: Sawyer 1. • FEMA ICS 100, 200, 700, 800 certificate completion. 24 ATTACHMENT C APCHA BOARD ROSTER July 19, 2022 NAME TERM EXPIRES Citizen Appointed Directors Carson Schmitz August 2023 John Ward (Current vacancy / renewal application submitted) August 2022 Alycin Bektesh August 2025 David Laughren - Alternate August 2023 City Council Directors Rachael Richards Skippy Mesirow - alternate County Commissioner Directors Kelly McNicholas Kury Franci Jacober - alternate 25 AGENDA ITEM SUMMARY WORK SESSION DATE: July 19, 2022 AGENDA ITEM TITLE: Citizen Board Renewal Interview - John Ward / Aspen Pitkin County Housing Authority (APCHA) Board STAFF RESPONSIBLE: Charlotte Anderson _____________________________________________________________________ ISSUE STATEMENT: Staff has been advertising regularly when there are any vacancies on Citizen Boards. The Aspen Pitkin County Housing Authority (APCHA) Board has one regular vacancy due to John Ward’s term expiring in August 2022. Renewal interviews are normally requested for any APCHA members wishing to renew. Chris Council has also applied for this vacancy and will be interviewed today at the joint City of Aspen and Pitkin County Commissioner meeting. BACKGROUND: Housing Authority is established pursuant to Intergovernmental Agreement #66(82) The Board consists of eight members as follows: three (3) regular and one (1) alternate citizen directors which are appointed jointly by city council and county commissioners, two (2) City Council appointed directors, two (2) Board of County Commissioner appointed directors. All members shall serve four (4) years, staggered terms, preference is given to residents living in the County for at least one year, and members shall not be a part of any local Housing Authority. The purpose of this board is to investigate housing conditions/needs in the city and county; prepare and carry out construction, reconstruction, improvements and alterations of any project; issue bonds, borrow funds, secure mortgages; manage existing employee housing projects; adopt rental and ownership qualifications on an annual basis; market units and review applicants. LINK TO STRATEGIC PLAN: Core Focus Area: Livable & supportive Community. Success Factor #5: Improved community engagement and participation KEY DISCUSSION ITEMS: John will attend your Work Session today for an interview. BUDGETARY IMPACT: None RECOMMENDED BOCC ACTION: Advise staff of your decision. ATTACHMENTS: ● Attachment A: John Ward Renewal Application ● Attachment B: APCHA Roster 26 Questions for renewing applicants: 1.What are the greatest contributions you made to the board during your first term? As a board, we have worked through the renewal of the IGA with APCHA, Pitkin County, and Aspen. We have implemented many updates to APCHA’s policy with the significant addition of a Fine schedule. Another major accomplishment was the resolution of the Mulcahey dispute. 2.What have you learned / gained through the experiences of your first term that you plan to apply to your second term, if you are reappointed? I think institutional knowledge is invaluable. The knowledge gained from my initial service will be helpful in creative decision-making for the next term. 3.What can Pitkin County do to make your contribution as a Citizen Board member more meaningful? The incorporation of commissioners to the APCAH board has led to good discussion, quick decision making and more credibility for the APCHA board. 4.Do you anticipate having conflicts that might prohibit regular meeting attendance? Please explain. NO 5.What are the top three issues currently facing your board? Recent discussion has turned toward Pitkin County finding a funding source to be additive to the City ’s already established funding source. The board needs to make sure the City isn’t allowed to make rules to limit new units to employees that work only within city limits. 6.What have been the three biggest challenges for the board while serving this term? As mentioned above, working to maintain that any new housing is open to all Pitkin county workers and not just those working in the city is an important issue Finding creative ways to move retirees on which would open up units and rooms for workers has been an issue I have tackled and been a hot button for various board members. This issue goes hand in hand with the current Right-sizing discussion and something we as a board are just scratching the surface to solve and may take incentives and funding to solve. 7.Do you have any suggestions that would make this board more effective? I believe the addition of city and county board members has made the APCHA board more effective. 27 ATTACHMENT B APCHA BOARD ROSTER July 19, 2022 NAME TERM EXPIRES Citizen Appointed Directors Carson Schmitz August 2023 John Ward (Current vacancy / renewal application submitted) August 2022 Alycin Bektesh August 2025 David Laughren - Alternate August 2023 City Council Directors Rachael Richards Skippy Mesirow - alternate County Commissioner Directors Kelly McNicholas Kury Franci Jacober - alternate 28 38 2012 Aspen Area Community Plan HousingHousing Vision We believe that a strong and diverse year-round community and a viable and healthy local workforce are fundamental cornerstones for the sustainability of the Aspen Area community. Philosophy We are committed to providing affordable housing because it supports: • A stable community that is invested in the present and future of the Aspen Area. • A reliable workforce, also resulting in greater economic sustainability. • Opportunities for people to live in close proximity to where they work. • A reduction in adverse transportation impacts. • Improved environmental sustainability. • A reduction in downvalley growth pressures. • Increased citizen participation in civic affairs, non-profit activities and recreation programs. • A better visitor experience, including an appreciation of our genuine, lights-on community. • A healthy mix of people, including singles, families and seniors. Many of the philosophical statements in the 2000 AACP still ring true today: “We believe it is important for Aspen to maintain a sense of opportunity and hope (not a guarantee) for our workforce to become vested members of the community. ... (We seek) to preserve and enhance those qualities that has made Aspen a special place by investing in our most valuable asset – people.” “Our housing policy should bolster our economic and social diversity, reinforce variety, and enhance our sense of community by integrating affordable housing into the fabric of our town. A healthy social balance includes all income ranges and types of people. Each project should endeavor to further that mix and to avoid segregation of economic and social classes ...” Living in affordable housing is not a right or a guarantee, but a privilege, carrying with it responsibilities to future generations, such as long-term maintenance and regulatory compliance. The creation of affordable housing is the responsibility of our entire community, not just government. We should continue to explore methods that spread accountability and responsibility to the private sector, local taxing districts and others. We continue to support the following statements from the 1993 and 2000 AACP: “Housing should be compatible with the scale and character of the community and should emphasize quality construction and design even if that emphasis increases [initial] costs and lessens production, [within reason].” At the same time, new construction should emphasize the use of durable and renewable materials in order to improve our environmental stewardship. We should demonstrate our commitment to future generations by providing educational outreach regarding long-term maintenance and regulatory compliance by adopting a strategic plan for long-term maintenance of publicly-owned rental properties, and for handling “unique” properties, such as those with a sunset on deed restrictions. 29 39 2012 Aspen Area Community Plan Housing At the same time, we need a new focus on the issues surrounding retirement in affordable housing, as we are on the brink of a rising retiree demographic. In addition, we should continue to provide housing that accommodates the needs of people with disabilities. The provision of affordable housing remains important due to several factors, including the continued conversion of locally-owned homes to second homes, a trend of a more costly down-valley housing market and the upcoming trend towards retirement in affordable housing. With limited vacant land in the Aspen Area and limited public funds, we cannot build our way out of this challenge. Our affordable housing program is continually encountering new crossroads that demand creative thinking, understanding and thoughtful action. What’s Changed Since 2000 Since the adoption of the 2000 AACP, a total of 652 new affordable housing units have been constructed, with another 181 approved but not yet built. By any measure, these are impressive accomplishments, but various relevant trends have continued to challenge the goal of establishing and maintaining a “critical mass” of working residents, as stated in the 2000 AACP. While the ratio of local workers living in affordable housing units increased from 25% to 32% from 2000 to 2008, the ratio of local workers living in free market homes dropped from 22% to 13%, the result of continued conversion of locally-owned free market homes to second homes. At the same time, the economic boom period of 2004 to 2007 saw a dramatic increase in the cost of downvalley land and homes, reducing opportunities for Aspen workers to find free market ownership options in the valley. While the recession has rolled back prices, this plan must assume that the economy will experience another period of prosperity during the life of the plan. In addition, the number of retirees in deed- restricted housing is estimated to jump from approximately 310 today to more than 800 in 2021. The 2007 Housing Summit considered all these factors and more. The primary outcome of the Summit was to encourage additional “land- banking,” which ultimately resulted in the purchase of the BMC West property, a parcel at 488 Castle Creek Road and others. The 2008 Affordable Housing Plan evaluated 15 potential sites for affordable housing units, identifying a range of up to 685 possible housing units. Aspen Area Housing History In the early 1970’s free- market housing that had primarily housed local employees was being demolished and redeveloped as second homes. By 1974, the City and County began addressing this trend by establishing separate affordable housing programs and 14 years later formed the joint Aspen/Pitkin County Housing Authority (APCHA). APCHA is currently funded through a City of Aspen sales tax and a Real Estate Transfer Tax (RETT). The State enacted legislation in 2001 granting Housing Authorities across the state specific powers to raise revenue through sales taxes, use taxes, an ad valorem (property) tax, and/or a development impact fee. To date, APCHA has not pursued these revenue sources. The City of Aspen has a housing sales tax, and both the City of Aspen and Pitkin County have Housing Mitigation fees. APCHA operates under the 4th Amended Intergovernmental Agreement between the City of Aspen and Pitkin County. This agreement has eliminated APCHA’s role as an active developer of workforce housing; that role has been assumed by the City of Aspen. Currently, APCHA is principally involved in the qualification, sales, and enforcement of the housing program and is involved in the oversight of over 2,800 units of deed- restricted housing. The APCHA Board of Directors alone, or in concert with other entities, suggests new policy, programmatic changes, and legislation, or makes recommendations, as required by the City, County or State. 30 40 2012 Aspen Area Community Plan Housing What’s New in the 2012 AACP Linkages The creation of Affordable housing can help reduce pressures on the valley-wide transportation system by providing housing opportunities for our local workforce in the Aspen Area, while reducing air quality impacts associated with a commuting workforce. Affordable housing is also critical to a viable economy, and helps to ensure a vital, demographically diverse year-round community. At the same time, limited opportunities and funds mean we cannot build our way out of the housing problem, and we recognize that new affordable housing includes infrastructure costs ranging from transportation to government services, schools and other basic needs. Controlling growth and job generation can reduce the pressure to provide affordable housing. Housing Growth & Economy Transportation Community Character The re-use of philosophical language from past community plans is due largely to the long-term support in the Aspen Area for affordable housing as a critical tool to maintain a strong year-round community. Some shifts in policy direction for the 2012 AACP can be attributed to the long-term growth and maturation of the housing program, bringing greater awareness of the need for long-term capital reserves and maintenance for individually-owned and rental properties, as well as publicly-owned rental properties. Another difference in the 2012 AACP is the decision not to establish a specific number of housing units to be developed during the 10-year life of the plan. This should not be perceived as a wavering of support for affordable housing units. The plan calls for exploring the potential of a new housing unit goal, but specific research on this topic was not conducted as part of this plan. This plan focuses on the ongoing challenges of establishing and maintaining a “critical mass” of working residents. The policies outlined in the Housing chapter and related housing mitigation policies in the Managing Growth for Community & Economic Sustainability chapter are intended to meet these challenges as the community continues to provide affordable housing. At the same time, the 2012 AACP calls for further research on the physical limits to development in the form of ultimate build-out, projected future impacts related to job generation, demographic trends, the conversion of local free market homes and other factors. This kind of statistical analysis will help inform future decision-making and goal-setting in a more meaningful way. Instead, this plan emphasizes the need to spread accountability and responsibility for providing affordable housing units beyond the City and County governmental structures, and continuing to pursue affordable housing projects on available public land through a transparent and accountable public process. While past plans have supported “buy-down” alternatives, there has been little comprehensive effort in this regard. A “buy-down” program may be an expensive proposition, but this plan calls for exploring it more thoroughly. The idea is to finally determine if the community is willing to pay the price for providing long-term affordable housing by converting existing free market homes, and or affordable housing, rather than building new homes. On the Horizon As the community continues to provide affordable housing, it is important to recognize and understand future challenges. We must continue to track changes to the Colorado Common Interest Ownership Act (CCIOA) and update our housing policies on a timely basis. APCHA should vigorously promote adoption of CCIOA by existing associations, and require new associations to adopt CCIOA. Lending practices are changing, resulting in new and potentially difficult financing. 31 41 2012 Aspen Area Community Plan Housing Policy Categories Collaborative Initiative Collaborative Initiative, Work Program for APCHA Collaborative Initiative, Work Program for APCHA Collaborative Initiative Incentive Program, Proposed Code Amendment Housing Policies I. SUSTAINABILITY AND MAINTENANCE I.1. Affordable housing should have adequate capital reserves for major repairs and significant capital projects. I.2. Deed-restricted housing units should be utilized to the maximum degree possible. I.3. Deed-restricted housing units should be used and maintained for as long as possible, while considering functionality and obsolescence. I.4. Provide educational opportunities to potential and current homeowners regarding the rights, obligations and responsibilities of home ownership. I.5. Emphasize the use of durable and environmentally responsible materials, while recognizing the realistic lifecycle of the buildings. II. PROGRAM IMPROVEMENTS II.1. The housing inventory should bolster our socioeconomic diversity. II.2. Affordable housing should be prepared for the growing number of retiring Aspenites. II.3. Employers should participate in the creation of seasonal rental housing. II.4. Employers who provide housing for their workers through publicly-owned seasonal rental housing should assume proportionate responsibility for the maintenance and management of the facility. II.5. Redefine and improve our buy-down policy of re-using existing housing inventory. II.6. Eliminate the Accessory Dwelling Unit (ADU) program, unless mandatory occupancy is required. III. FISCAL RESPONSIBILITY III.1. Ensure fiscal responsibility regarding the development of publicly-funded housing. III.2. Promote broader support and involvement in the creation of non- mitigation Affordable housing, including public-private partnerships. Community Goal Community Goal, Work Program for APCHA Collaborative Initiative, Incentive Program Collaborative Initiative, Incentive Program Work Program for APCHA Proposed Code Amendment Collaborative Initiative Collaborative Initiative, Incentive Program 32 42 2012 Aspen Area Community Plan Housing Policy Categories Housing Policies IV. LAND USE & ZONING IV.1. Affordable housing should be designed for the highest practical energy efficiency and livability. IV.2. All affordable housing must be located within the Urban Growth Boundary. IV.3. On-site housing mitigation is preferred. IV.4. Track trends in housing inventory and job generation to better inform public policy discussions. IV.5. The design of new affordable housing should optimize density while demonstrating compatibility with the massing, scale and character of the neighborhood. IV.6. The residents of affordable housing and free-market housing in the same neighborhood should be treated fairly, equally and consistently with regard to any restrictions or conditions on development such as parking, pet ownership, etc. V. HOUSING RULES AND REGULATIONS V.1. The rules, regulations and penalties of affordable housing should be clear, understandable and enforceable. V.2. Ensure effective management of affordable housing assets. Incentive Program, Proposed Code Amendment Proposed Code Amendment Work Program for Planning Department & APCHA, Proposed Amendment Data Needs Proposed Code Amendment Proposed Code Amendment Work Program for APCHA Work Program for APCHA 33 AFFORDABLE HOUSING STRATEGIC PLAN CITY OF ASPEN 2022-2026 34 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 2 COMPREHENSIVE STRATEGIC PLAN OF ACTION TO GENERATE & SUSTAIN AFFORDABLE HOUSING UNITS POLICY • APCHA Compliance Actions • APCHA Policy Actions to improve sustainability of existing affordable housing NEW DEVELOPMENT • Complete Burlingame Phase 3 Project • Complete Lumberyard Project • Partnerships • Regional Collaboration • Land Banking DEVELOPMENT NEUTRAL HOUSING SUSTAINABILITY & COMPLIANCE FOUNDATION: 3,200 CURRENT UNITS IN THE APCHA HOUSING PROGRAM • Replace Expiring Deed Restrictions with Permanent Deed Restrictions • Incentivize voluntary rightsizing • Other future development neutral items • Community Development Policy Actions • Affordable Housing Certificates Program • Develop Financial Resources for Construction, Expiring Deed Restrictions & Land Banking • APCHA Policy Actions to increase numbers of available units 35 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 5CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 4 INTRODUCTION With approximately 3,200 deed restricted affordable homes in the Aspen/Pitkin County area, our affordable housing programs are the envy of every ski town in the US. The forethought of elected officials to begin investing in affordable housing in the 1970s and their tenacious commitment to it since that time has resulted in a vibrant, lived-in community. Interspersed throughout the community, these 3,200 homes have helped the Aspen community fight the adverse effects of a historic rise in housing costs, yet we are struggling to now keep up with the market shift in utilization of many homes from residential to commercial in the form of short term rentals. The historic and current day support for affordable housing by Aspenites of all economic strata remains strong. This high level of community support is evidenced by voter-supported funding of the affordable housing program and the fierceness with which the community defends this valuable and essential asset. Compared to our peer ski town communities, we are fortunate to have this legacy of success with the development of affordable housing. Yet, in the present context, several intersecting factors have created a scenario that leaves the community challenged in sustaining important aspects of our economic and social fabric. In August of 2021, the Aspen City Council established three Priority Goals, with Affordable Housing being one of those. The adopted Goal Resolution language set out five steps to accomplish this goal, with the first being the December 2021 Aspen City Council Housing Retreat and the second being this output of that retreat, the Affordable Housing Strategic Plan. The City Council made clear their intent for this Affordable Housing Strategic Plan to be more than an aspirational document; they wanted a plan that is actionable. Accordingly, this plan prioritizes a series of actions to happen in the next five years that can have a significant and positive impact on the quantity of units and overall sustainability of our community’s affordable housing program. The Aspen City Council has and will continue to be committed to addressing the need for more affordable housing – and, as they have stated clearly, “We can’t do it alone.” To solve this challenge, we will need every tool available to us and we’ll need every partner to do their part. Thanks to the team who came together to develop this plan (in alphabetical order): Ben Anderson Chris Everson Diane Foster Matthew Gillen Ron LeBlanc Scott Miller Sara Ott Pete Strecker Phillip Supino ASPEN CITY COUNCIL’S DIRECTION & IDEAS ARE MEMORIALIZED IN THIS PLAN: Mayor Torre — Rachel Richards — Ward Hauenstein — Skippy Mesirow — John Doyle City Of Aspen Affordable Housing Strategic Plan _____________________________________________________________________6 What Is The Housing Strategic Plan Goal? .......................................................................................................................6 How Will The Goals Of The Plan Be Achieved? ..............................................................................................................6 A Focus On Action ......................................................................................................................................................................7 Pillars Of The Strategic Plan ...................................................................................................................................................8 Strategic Focus Areas ................................................................................................................................................................8 For Whom Is Affordable Housing Intended? ....................................................................................................................9 Where Will New Units Be Located? .....................................................................................................................................9 Livability Standards For Affordable Housing ....................................................................................................................9 Aspen Area Community Plan: Housing Policies & Policy Categories _________________________________________10 Looking Back, Moving Forward: Where Have We Been Successful ____________________________________________11 Looking Back, Moving Forward: What Can We Do Better In The Future ____________________________________12 Council’s Support Of Outcomes ..........................................................................................................................................12 Assessing The Need For Affordable Housing In Our Community ______________________________________________13 Summary Of Already-Completed Assessments .............................................................................................................13 Addition Of Updated Data That Informs The Needs ...................................................................................................13 Community Support Of The Need For Affordable Housing .....................................................................................14 Readiness Assessment ____________________________________________________________________________________________________________15 Staffing ............................................................................................................................................................................................15 Financial Capacity on Requested Timeline ......................................................................................................................16 Swot Analysis __________________________________________________________________________________________________________________________17 Action Plan Decision Matrix _____________________________________________________________________________________________________18 City Council’s Affordable Housing Goal ___________________________________________________________________________________19 Actions __________________________________________________________________________________________________________________________________20 Replace Expiring Deed Restrictions With Permanent Deed Restrictions..... ....................................................20 Complete Lumberyard Project ..............................................................................................................................................21 Complete Burlingame Phase 3 Project .............................................................................................................................22 Community Development Policy Actions .........................................................................................................................23 Certificates Of Affordable Housing Program Enhancements .................................................................................24 Develop Financial Resources For Construction, Expiring Deed Restrictions & Land Banking .................25 Incentivize Voluntary Rightsizing.........................................................................................................................................26 Partnerships .................................................................................................................................................................................27 APCHA Compliance Actions ................................................................................................................................................28 APCHA Policy Actions To Increase Number Of Available Units ............................................................................29 APCHA Policy Actions To Improve The Sustainability Housing Inventory ........................................................30 Additional Development Neutral Program Elements...................................................................................................31 Land Banking ...............................................................................................................................................................................32 Regional Collaboration ............................................................................................................................................................33 Actions Not Currently Prioritized __________________________________________________________________________________________34 Review Process _____________________________________________________________________________________________________________________35 Appendix _______________________________________________________________________________________________________________________________36 Appendix A: Housing Chapter Of Aspen Area Community Plan ..........................................................................36 Appendix B: Community Afordable Housing And Livability ....................................................................................42 TABLE OF CONTENTS 36 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 7CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 6  The City Council will continue to evaluate, identify opportunities, plan, partner, facilitate, and leverage existing and new resources to invest in the development and maintenance of affordable housing. This will be accomplished through: (City Council Goal Resolution August 2021) CITY OF ASPEN HOUSING STRATEGIC PLAN WHAT IS THE HOUSING STRATEGIC PLAN GOAL? To provide an action plan to support the continued availability of affordable housing that is high quality, sustainable, and results in a lived-in community and a healthy workforce. City Council has set a goal of of 500 affordable housing units within the next five years. Nearly 50% of this goal number will be achieved without new development. HOW WILL THE GOALS OF THE PLAN BE ACHIEVED? POLICY PROGRAMS PARTNERSHIPS Aspen Area Community Plan & Land Use Code encourage, support & require the creation of affordable housing within the urban growth boundary. City Council’s policy direction regarding land acquisition is to consider any and all acquisitions, including partnerships. The Affordable Housing Certificates Program has been in place since 2010 – with the first project completed in 2012. This program encourages developers to build affordable housing by providing a credit for each affordable housing unit built. That credit can then be sold to another developer who can use it to fulfill employee mitigation requirements on a separate project. The program has included new projects, conversions of freemarket units to deed-restricted, and historically designated properties. The Aspen Pitkin County Housing Authority manages the sales, rental, management and sustainability of deed restricted affordable housing. Development of affordable housing through private and public partnerships has and will continue to provide an alternative to the City-as-Developer approach. With reduced availability of freemarket housing in the Roaring Fork Valley, the need for regional affordable housing partnerships increases. Supporting continuous improvement with the APCHA program, including ensuring adequate resources Convening a City Housing Retreat Creating an affordable housing strategic plan Completing Council directed affordable housing development projects Continuing to seek additional affordable housing development opportunities Leveraging and amending regulations and policies in support of affordable housing Every member of the Aspen City Council – both before and during the December 2021 City Council Housing Retreat – identified the importance of a specific Action Plan within the Affordable Housing Strategic Plan. Every one of the fourteen items within the Action Plan have been identified by City Council as a priority action items for staff. Items that are not a priority are identified on page 33 or are not included in this plan. PRIORITY • APCHA Compliance Actions • APCHA Policy Actions to Increase Number Of Available Units • APCHA Policy Actions to Improve The Sustainability Housing Inventory • Additional Development Neutral Program Elements • Land Banking • Regional Collaboration HIGHEST PRIORITY • Replace Expiring Deed Restrictions with Permanent Deed Restrictions • Complete Lumberyard Project • Complete Burlingame Phase 3 Project TOP PRIORITY • Community Development Policy Actions • Certificates of Affordable Housing Program Enhancements • Develop Financial Resources for Construction, Expiring Deed Restrictions & Land Banking • Incentivize voluntary rightsizing • Partnerships A FOCUS ON ACTION Marolt 37 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 9CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 8 PILLARS OF THE STRATEGIC PLAN Increase the quantity of affordable housing Increase quality of new & existing affordable housing Preserve affordability Provide community housing Ensure the sustainability of the program Support the policies identified in the Aspen Area Community Plan 1 2 3 4 5 6 STRATEGIC FOCUS AREAS SAFE & LIVED-IN COMMUNITY OF CHOICE: Ensure Aspen is an attractive, diverse and safe city to live, work and visit year-round. This includes opportunities to access childcare, healthcare, housing, transit, parks, recreation and technological connectivity. COMMUNITY ENGAGEMENT: Ensure a trusted dialogue and relationship in the community that encourages participation, consensus building, and meaningful engagement. PROTECT OUR ENVIRONMENT: Ensure that policy decisions, programs and projects manage impacts to the environment, climate, and public health and well- being. SMART CUSTOMER FOCUSED GOVERNMENT: Provide value to the community by continuously improving services and processes based on feedback, data, best practices, and innovation. FISCAL HEALTH & ECONOMIC VITALITY: Promote economic sustainability of the Aspen community by advancing a healthy, diverse local economy while responsibly managing revenue streams, community investments, and financial reserves. LIVABILITY STANDARDS FOR AFFORDABLE HOUSING • environmental sustainability • accessibility • quality of construction • parking & storage • unit size • open space & trails • natural light • public transportation WHERE WILL NEW UNITS BE LOCATED? Third Priority: Outside of City limits (This is a change from prior policy) >> To allow for closer proximity to major medical centers >> Partnerships with Pitkin County >> Other regional partnerships FOR WHOM IS AFFORDABLE HOUSING INTENDED? Affordable Housing in the Aspen area is both workforce housing and community housing. The Housing Vision statement in the Aspen Area Community Plan (AACP) makes this clear: We believe that a strong and diverse year-round community and a viable and healthy local workforce are fundamental cornerstones for the sustainability of the Aspen Area community. The AACP cites the benefits of affordable housing to the Aspen community; it “helps to ensure a vital, demographically diverse year-round community” made up of “a healthy mix of people, including singles, families and seniors.” While affordable housing supports the community’s workforce, according to the Mission Statement in the Aspen Pitkin County Housing Authority’s Regulations, affordable housing is also intended for retirees and people with disabilities who have been actively employed within Pitkin County prior to retirement and/or disability. 1 2 3 Top Priority: Within the roundabout, including in the Core Second Priority: Within the Urban Growth Boundary Housing developments should endeavor to balance the principles of community, livability and quality against impacts such as unreasonable levels of cost and construction activity intrusion. Housing structures should utilize land as efficiently as possible and should seek construction efficiencies to levels that do not sacrifice livability beyond levels that are not consistent with these goals. Architecture should be sensitive to neighborhood context to the extent possible while achieving these goals. A myriad of design elements all combine to make a development livable. As discussed further in Appendix B, these elements include, but are not limited to: 38 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 11CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 10 ASPEN AREA COMMUNITY PLAN (AACP): Housing Policies & Policy Categories The policies outlined in the Housing chapter and related housing mitigation policies in the Managing Growth for Community & Economic Sustainability chapter are intended to meet these challenges as the community continues to provide affordable housing. A full copy of the Housing section of the Aspen Area Community Plan, pages 36-41, can be found in Appendix A. At the same time, the 2012 AACP calls for further research on the physical limits to development in the form of ultimate build-out, projected future impacts related to job generation, demographic trends, the conversion of local free market homes and other factors. This kind of statistical analysis will help inform future decision-making and goal-setting in a more meaningful way. This plan emphasizes the need to spread accountability and responsibility for providing affordable housing units beyond the City and County governmental structures, and continuing to pursue affordable housing projects on available public land through a transparent and accountable public process. While past plans have supported "buy-down" alternatives, there has been little comprehensive effort in this regard. A "buy-down" program may be an expensive proposition, but this plan calls for exploring it more thoroughly. The idea is to finally determine if the community is willing to pay the price for providing long-term affordable housing by converting existing free market homes, and/or affordable housing, rather than building new homes. Little Ajax (Source: 2012 Aspen Area Community Plan) LOOKING BACK, MOVING FORWARD: Where have we been successful? With a total of approximately 3,200 deed restricted units within the Aspen/Pitkin County area, 72% (2,303) of which are located within Aspen City limits, this area is home to what is likely the largest affordable housing program in the nation on a per capita basis. In the early 1970s, responding to a loss of free-market employee housing, Pitkin County and the City of Aspen started separate housing programs. Early recognition of the problem and immediate action and sustained investment has created a housing program that is not only the envy of every ski town, it has been the key to maintaining the soul of the community. In 1982 Aspen and Pitkin County joined together to form the Aspen Pitkin County Housing Authority. The City and County jointly fund this program that is now operating under the Sixth Amended and Restated Intergovernmental Agreement, signed in May 2019. Importantly, and unlike some other western ski resort communities, the Aspen community has consistently supported affordable housing through both the 1% Housing Real Estate Transfer Tax and 45% of the .45% Housing and Day Care Sales Tax. These funds have supported the City in the role of developer — although private sector companies are hired to build the units— and have also allowed the City to join with private sector developers to build new affordable housing units. The aforementioned housing policies implemented through the Land Use Code, such as the Affordable Housing Credits Program and the Growth Management Quota System, have also resulted in new affordable housing unit generation. COMPLETED PUBLIC PROJECTS: 2000 - 2021 YEAR FACILITY UNITS OWN/RENT 2000 Snyder 15 Own 2001 7th and Main 12 Own 2002 Truscott II 87 Rent 2005 Annie Mitchell 39 Own 2006 Little Ajax 14 Own 2007 Burlingame Ranch I 91 Own 2015 Burlingame Ranch II 86 Own 2020 802 West Main 10 Rent 2020 517 Park Circle 11 Rent 2021 488 Castle Creek 24 Rent TOTAL COMPLETED 389 257 Own/ 132 Rent TOTAL FTEs 840 FTEs: Number of full time employees housed GENERAL RESIDENTIAL DATA (WITHIN THE CITY OF ASPEN) YEAR 2000 2010 2020 TOTAL HOUSEHOLDS 4,354 5,929 6,197 % CHANGE 2000-2010 // 36.2% 2010-2020 // 4.5% OCCUPIED HOUSEHOLDS 2,903 3,516 3,540 % CHANGE 2000-2010 // 21.1%% 2010-2020 // 0.7% VACANT HOUSEHOLDS 1,451 2,413 2,657 % CHANGE 2000-2010 // 66.4% 2010-2020 // 10.1% % OF VACANT UNITS (free market and affordable combined)33%41%43% Source: Colorado State Demographer’s Office compiled decennial US Census Data from 2000-2020; and APCHA data derived from HomeTrek. Deed Restricted APCHA Units in COA (Source: APCHA)Total: 2,303 Free-Market Units Total from Census less APCHA units Total: 3,894 % of Vacant Free-Market Units (assuming 100% of APCHA units are occupied)68% 39 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 13CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 12 LOOKING BACK, MOVING FORWARD: What can we do better in the future At its December 2021 City Council Housing Retreat, the Council identified what has been done well and what could be done better in the future: YEAR FACILITY UNITS OWN/RENT *2022 Burlingame Ranch III 79 Own **2024-2035 Lumberyard 310 2/3 Rent, 1/3 Own TOTAL In Process 389 177 Own, 212 Rent TOTAL FTEs 780 * Currently under construction ** Currently in planning, subject to change COUNCIL’S SUPPORT OF OUTCOMES When the City is the developer in an affordable housing project, the City Council has a significant role in the design and development of that project. During the December 2021 City of Aspen Housing Retreat, the City Council put forward the following statements in support of successful project outcomes: PUBLIC PROJECTS CURRENTLY IN PROGRESS Maintain the quality of the community through sustainability and have the courage and political will to preserve the community Ensure community understanding of why certain actions are being taken and help the community to understand the 20-year outcomes. Better organize and articulate priorities Make improvements to existing programs, including better use of existing housing stock and utilizing unused bedrooms already built Preservation and restoration of existing housing Adding housing without construction when possible Developing voluntary programming around retirees and seniors still in housing by creating a better situation for them; provide incentives to rightsize Staff will be supported with the resources when they are needed City Council will take full ownership if we don’t succeed City Council will not change direction Council members commit to expressing concerns to staff ahead of time Trust and have patience with staff Lead with a public service heart Burlingame ASSESSING THE NEED FOR AFFORDABLE HOUSING IN OUR COMMUNITY SUMMARY OF ALREADY-COMPLETED ASSESSMENTS 2012 NEEDS ASSESSMENT: In 2012, staff prepared a strategic review of affordable housing document for a joint City/ County housing work session which occurred in September of 2012. The 2012 strategic review hypothesized that from 2012 to 2022, over 650 new housing units would be needed to overcome the forces of job growth, gentrification, and retirement. 2019 NEEDS ASSESSMENT: The 2019 Greater Roaring Fork Regional Housing Study suggested that the need for affordable housing units in the Aspen-Snowmass area was greater than previously anticipated and growing. A copy of that report can be found at: https://tinyurl.com/ycpx92hh 2021 EPS LUMBERYARD DEMOGRAPHIC AND MARKET ASSESSMENT: To prepare for the City’s Lumberyard affordable housing development, in 2021 the City of Aspen commissioned the Lumberyard Demographic and Market Assessment which found that the Roaring Fork Valley is losing households in APCHA income categories 1 (up to 50% AMI) and 2 (51- 85% AMI) and that most of the job growth in Aspen and Pitkin County is in APCHA income categories 2 (51-85% AMI) and 3 (86-130% AMI). The 2021 Lumberyard Demographic and Market Assessment goes on to suggest that rental units should be created primarily in APCHA income category 2 (38%), followed closely by category 3 (33%) and then category 1 (22%), and with a few rental units in category 4 (7%). The 2021 study also suggests that ownership units should be created primarily in APCHA income category 3 (34%), followed by categories 4 (26%) and 2 (23%) while providing some units in category 5 (17%). A similar income mix should be considered for the 79 units at Burlingame Ranch Phase III which will be available for sale in in the Fall of 2022. 2021 EMPLOYMENT DATA The 2021 EPS study also showed 1,668 new jobs in Pitkin County between 2010 and 2019. These jobs were added primarily by the tourism-related job sectors of Accommodations, Food Service, Arts and Recreation and Retail Trade. 39% of job growth was under 80% of Pitkin County Area Median Income (AMI) and an additional 35% fell between between 80% and 120% of AMI. EPS then applied an average of 1.6 earners per household and then converted that job growth to APCHA's Categories, which are based on Area Median Income. The result showed the greatest job growth in Pitkin County between 2010 and 2019 was in Category 3 and then in Category 2 households. 40 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 15CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 14 COMMUNITY SUPPORT OF THE NEED FOR AFFORDABLE HOUSING One needs only to read one of the two daily newspapers or listen to the local NPR broadcast to understand the need for additional affordable housing in our community, as well as for its preservation. These observations are well supported by longitudinal empirical data. The recently published results of the 2021 Pitkin County Community Survey also highlighted the community interest in affordable housing: “Respondents were asked to identify County services and initiatives provided by the County that they thought should receive the most emphasis, from County leaders, over the next two years. Forty-nine percent (49.4%) of respondents selected the County’s efforts to address affordable housing, including quality and quantity, as one of the most important services for the County to provide.” >>> https://tinyurl.com/3tdze9z4 The 2018 City of Aspen Resident Survey cited “Ensuring the availability of adequate workforce housing at a reasonable cost to rent/purchase” as an essential area for the City government to take action, falling just behind protecting the quality and quantity of water in the Roaring Fork River. >>> https://tinyurl.com/bddzm337 Similar results are seen in the 2016 Resident Survey, where “Ensuring the availability of adequate workforce housing at a reasonable cost to rent/purchase” again fell just behind Roaring Fork River water quality and quantity concerns, but tied with “Managing traffic in town more effectively” for third place. >>> https://tinyurl.com/yucw4wru The 2015 Resident Survey did not include a Roaring Fork River question. In this survey, “Ensuring the availability of adequate workforce housing at a reasonable cost to rent/purchase.” was the top response. >>> https://tinyurl.com/493ny3yr Burlingame Ranch 2021 Pitkin County Community Survey 2018 City of Aspen Resident Survey 2016 Resident Survey 2015 Resident Survey READINESS ASSESSMENT STAFFING Department & City’s Affordable Housing Development Fund Currently, the City of Aspen has one full time employee in the Capital Asset Department dedicated to the planning process for new affordable housing developments. Other full-time staff members from the Capital Asset Department provide construction management support during City-developed projects. Collaboration with staff from other departments is often leveraged during the planning process and may include staff from the City Manager’s and City Attorney’s offices, Finance, Community Development, Engineering, Building, Transportation, Parks, Utilities, Environmental Health and the Aspen Pitkin County Housing Authority. Funds from the City’s Affordable Housing Development Fund are otherwise typically used to staff projects as needed with third party professional and/or technical consultants on a project-by-project basis. Community Development Community Development has several staff members who focus on the development, implementation, and refinement of policies that support affordable housing development. During the 2022 Moratorium, Community Development staff will be working directly on new policies to support City Council’s affordable housing goals. As part of this work, significant analysis will be conducted that will support improvements to affordable housing efforts beyond the period of the Moratorium. APCHA Compliance: APCHA has two primary staff members who work part time on compliance, namely the Compliance, Policy & Systems Manager and APCHA’s outside attorney. APCHA’s Executive Director and Deputy Director also participate in compliance efforts. Qualifications: Two Qualification Specialists at APCHA ensure that the people who rent or purchase APCHA deed restricted property meet the requirements as defined in APCHA Regulations. APCHA Housing Sustainability: General upkeep of rental and ownership properties. • Rental housing sustainability for city-owned properties (Truscott, Aspen County Inn and Marolt), is managed by APCHA’s two-member Property Management Team and four-member Maintenance Team. • Housing sustainability for individual ownership units is a topic the APCHA Board began to address in April 2021, supported by the Assistant City Manager, APCHA Executive Director, Deputy Director and the Compliance, Systems and Policy Manager. • Housing sustainability by Home Owners Associations of condominium and other multi-family developments is a topic the APCHA Board would like to address in the future. APCHA staff will propose hiring a HOA Specialist in the future to support this effort as well as to help HOAs of APCHA deed restricted properties with capital reserve planning. City Manager’s Office The City Manager’s Office will be hiring a full time Housing Policy Analyst in the spring of 2022. Additionally, the City’s Assistant City Manager works part-time on housing topics. 41 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 17CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 16 A SWOT Analysis tool helps an organization to identify, at a high level, major internal and external Strengths, Weaknesses, Opportunities and Threats. •Strengths and Weaknesses are focused internally: What do we do well and where could we improve? What resources do we have and what resources do we need. •Opportunities and Threats are externally focused: Outside of our organization, what opportunities exist? What threats could harm our efforts? What is happening in the market that could help or hurt us? STRENGTHS • Community Support • City Council Commitment • Financial Resources • Knowledgeable Staff • 3 ,200 Affordable Housing Units • Pitkin County Partnership • Ability to hire outside private-sector resources WEAKNESSES • Maintenance Costs • Ability to access financial resources quickly • No one solution will solve the problem • Staff workload limits ability to take on new projects • Buying-down existing free-market residential and converting to affordable housing is prohibitively expensive • Highly dependent on outside expertise/ staffing OPPORTUNITIES • Land Acquisitions • Partnerships with private & public entities • Pitkin County potential for county-wide tax • Regional partnerships • Re-balance the cost to create affordable housing with the current drivers of demand for additional affordable housing THREATS • Scarcity of land • Cost of Construction • City of Aspen is sole source of funding • Increased housing costs in entire Roaring Fork Valley • Deferred maintenance and escalating cost of capital repairs in privately-owned affordable housing HOAs • Inability of affordable housing residents to move into free market units in the future • Politically motivated attempts to undermine program/redefine need HELPFUL SWOT ANALYSIS HARMFUL EXTERNALINTERNALFINANCIAL CAPACITY ON REQUESTED TIMELINE Since 2000, over $240 million in dedicated revenues has been invested into the ongoing operation and expansion of the Aspen Pitkin County Housing Authority affordable housing inventory. This includes the development of the completed projects listed above as well as funds invested in upkeep and operation of existing City-owned facilities. Funds from this revenue stream are also budgeted annually toward the operation of the Aspen Pitkin County Housing Authority (APCHA), and those funds are also matched by Pitkin County. (The table to the right does not include such Pitkin County funds.) Funds have also been invested in land banking opportunities for future housing developments. Year Housing Fund Revenues 2000 $5,302,335 2001 $4,845,133 2002 $4,751,964 2003 $8,543,109 2004 $8,090,180 2005 $12,773,154 2006 $14,000,177 2007 $14,075,761 2008 $12,001,447 2009 $8,373,748 2010 $8,321,575 2011 $9,752,953 2012 $8,986,581 2013 $9,584,101 2014 $11,590,103 2015 $13,039,396 2016 $10,084,871 2017 $13,422,231 2018 $13,042,701 2019 $13,784,319 2020 $21,009,309 2021 EST $38,147,667 2000-2021 $243,808,166 Truscott 42 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 19CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 18 City Council has established a goal of 500 affordable housing units. This goal will be achieved: • During the 2022-2026 timeframe; • Within the City of Aspen’s Urban Growth Boundary; • Can be an affordable housing unit achieved through either through development neutral means or through new development; and • Includes units created by private sector, other public sector organizations or City of Aspen. CITY COUNCIL’S AFFORDABLE HOUSING GOAL 2022-2026 GOAL OF 500 AFFORDABLE HOUSING UNITS WITHIN THE NEXT FIVE YEARS. Approximately 50% of this goal will be achieved without new development. Category Action Item Units within 5 Years Development Neutral Replace Expiring Deed Restrictions with Permanent Deed Restrictions 200 New Development Complete Lumberyard Project 100 New Development Complete Burlingame Phase 3 Project 79 New Development Partnerships 35 Development Neutral APCHA Incentivize voluntary rightsizing or voluntary buyout 30 Policy Certificates of Affordable Housing Program Enhancements 40 Compliance & Sustainability APCHA Compliance Actions 15 The average of City Council member goal numbers by tactic totaled 499. That number was rounded up to establish the affordable housing goal: GOAL OF 500 AFFORDABLE HOUSING UNITS WITHIN THE NEXT FIVE YEARS. Approximately half of the goal will be achieved without new development. ACTION PLAN DECISION MATRIX Ajax Apartments Weight on a scale from 1 to 5, where 5 is high 5 3 4 4 5 Category Action Item Development Neutral Replace Expiring Deed Restrictions with Permanent Deed Restrictions 4 5 4 5 5 23 96 1 New Development Complete Lumberyard Project 5 4 3 4 3 19 80 2 New Development Complete Burlingame Phase 3 Project 4 3 2 4 5 18 78 3 Policy Community Development Policy Actions 3 4 5 5 2 19 77 4 Policy Certificates of Affordable Housing Program Enhancements 3 4 5 5 2 19 77 5 Policy Develop Financial Resources for Construction, Expiring Deed Restrictions & Land Banking 3 4 5 5 2 19 77 6 Development Neutral APCHA Incentivized voluntary rightsizing or voluntary buyout 3 5 4 5 2 19 76 7 New Development Partnerships 2 4 4 5 3 18 73 8 Compliance & Sustainability APCHA Compliance Actions 1 4 5 5 2 17 67 9 Policy APCHA Policy Actions to increase number of available units 1 4 5 5 1 16 62 10 Compliance & Sustainability APCHA Policy Actions to improve the sustainability housing inventory 1 4 5 5 1 16 62 11 Development Neutral Additional Development Neutral Program Elements 3 4 1 5 2 15 61 12 New Development Land Banking 5 2 1 5 1 14 60 13 New Development Regional Collaboration 2 1 3 4 2 12 51 14Quantity of Affordable Housing UnitsProximity to Services Lower Cost: Most efficient use of land & dollarsSupports AACPHow quickly AF units will be realizedRaw ScoreWeighted Score Rank43 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 21CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 20 ACTION: Complete Lumberyard Project ACTION ITEM OWNERS Scott Miller & Chris Everson OVERVIEW The City of Aspen’s Lumberyard affordable housing project site is located just south of the Aspen airport business center on the east side of Colorado state highway 82. The City anticipated the development of affordable housing in the area of the current project site and purchased part of the site in 2007. Later in 2020, the City purchased the 3-acre Aspen Mini Storage property, bringing the total project site area to about 10.5 acres. In 2019, Aspen City Council directed the start of a community outreach and conceptual design process which included a process of community engagement and feedback to help inform the design process. The 2019 outreach and conceptual design effort helped to establish that the City should provide a variety of unit types, serving a mix of demographics, and that the site is appropriate for larger buildings and potentially higher density than may be appropriate elsewhere. Since parking is challenging at the airport business center, there was a sentiment that the development should be careful not to make the parking challenge worse by under-parking any development at the Lumberyard site. It was also decided that childcare is needed in the community and may be appropriate at this site The conceptual design effort studied unit counts ranging from 140 units up to 500+ units, and given the affordable housing crisis in Aspen, City Council set their aim at 310 units of affordable housing to be designed for the site. In order to accommodate the higher-than-usual density for the site, and to mitigate the impacts of the development to create a livable neighborhood, it was necessary to explore the use of underground parking and 4-story building massing. In late 2020, the project team presented a conceptual master plan with 310 units and 100% underground parking. Prior to beginning a schematic design process, Aspen City Council had concerns about impacts of 100% underground parking, building spacing, height, orientation and highway and airport noise. These concerns and much more are currently being reviewed through a process of community engagement and City Council feedback, with Aspen City Council weighing in on the evaluation of four potential site arrangements. The project aims to create 200+ rental units and 100+ ownership units for the purpose of housing local community workforce, qualified based on the Aspen Pitkin County Housing Authority regulations. To be successful, the project effort will bring together necessary funding to begin construction of access and infrastructure at the project site in 2024, with phases of housing development to follow thereafter. With the continued schematic design process ongoing, a development application is anticipated in mid-2022 and the land use approval process will be pursued at that time. In early April 2022, the Aspen City Council decided to make the Lumberyard a more livable community by reducing the unit number to 266, however that rightsizing will only reduce the bedroom count by twelve. ESTIMATED TIMELINE 2022: Complete Schematic Design, Submit Development Application for Approval Process 2023: PD Recording, Construction Documents, Building Permit Application Process 2024: Target for Access & Infrastructure Construction Start 2025: Target for First Phase of Housing Construction to Start 2027: Target for Occupancy of First Phase of Affordable Housing 2028+: Remaining Phases of Housing Construction and Occupancy TBD HOW THIS ACTION INCREASES THE NUMBER The Lumberyard Project is anticipated to yield approximately 310 affordable housing units CONNECTION TO AACP The creation of affordable housing in the Aspen area reduces pressures on the valley-wide transportation system by providing housing opportunities for local workforce nearer to where they work and reduces the amount of time spent commuting for workforce, significantly improving quality of life. This effort similarly reduces air quality impacts associated by reducing total commuter miles. New Development ACTION: Replace Expiring Deed Restrictions with Permanent Deed Restrictions ACTION ITEM OWNERS Scott Miller, Chris Everson, Pete Strecker, Matthew Gillen OVERVIEW There are hundreds of deed restrictions with a sunset clause based on some triggering event in the future. When those deed restrictions expire, they will be gone forever. The goal should be to preserve the deed restriction permanently and provide for the preservation of the integrity of the housing unit associated with that deed restriction. After identifying all known expiring deed restrictions, several tools for preservation of those deed restrictions should be identified and the pros and cons of each one explored. Those tools include: • Purchase the deed restriction and re-write the terms. • Negotiate a trade with the owner of that deed restriction for something of value. • Enforce existing land use code, requiring replacement of some deed restrictions. • Legislate new land use code, requiring replacement of some or all deed restrictions. • Council and staff then need to actively pursue a strategy for implementing these tools on an as-needed basis as opportunities present themselves. ESTIMATED TIMELINE Spring 2022: Update the inventory expiring deed restrictions. Summer 2022: Council worksession to discuss recent attempts to preserve deed restrictions & explore the list of possible tools. Summer 2022: Include the identified tools into the Housing Strategic Plan. Fall/Winter 2022: Land Use Code (LUC) updates, in coordination with other potential amendments to the LUC. There is a high likelihood that other actions will be necessary beyond changes to LUC. HOW THIS ACTION INCREASES THE NUMBER By preserving existing deed-restriction now, no ground will be lost. We will not need to replace these units with new units simply to get back to the status quo. CONNECTION TO AACP The AACP states that “The provision of affordable housing remains important” but, “we cannot build our way out of this challenge.” Preserving existing deed-restricted housing stock eliminates the need for entitling and building new deed-restricted housing on a one-to-one ratio. To the extent that this can be accomplished, this saves the community development dollars and the environmental impacts of construction. Development Neutral 44 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 23CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 22 Community Development works continually to better coordinate the AACP and the LUC in the creation of affordable housing development opportunities. During the 2022 Moratorium, staff will work directly on several affordable housing- related improvements to the LUC. The overview below identifies potential policy changes to be evaluated and proposed during the Moratorium and beyond. Additionally, Community Development and APCHA will work collaboratively on a number of these items. OVERVIEW • The Land Use Code (LUC) is the mechanism for exacting housing mitigation (units, fees, credits) from residential, lodge, and commercial development activities. In the GMQS standards, the creation of FTEs from development activities is the basis for the system of private sector affordable housing (AH) development. • There are numerous tools available to ComDev to alter the regulatory, development, and finance landscape to deliver additional affordable housing to the community, including: • Alter zoning standards to permit more density, intensity, and available land for AH development within the City Limits. • Create an AH overlay zone over appropriate zone districts that allows for AH development where applied and with specific standards. • Increase employee generation and mitigation amounts to require more AH from private development. • Require or incentivize on-site AH development for certain project and use types. • Restructure the GMQS to decouple AH FTE generation, unit creation, and fee extraction from development. Assess a fee or tax or certain uses to generate revenue for AH development, buy-down programs, land acquisition, and AH development subsidies. • Alter development review processes to streamline AH development reviews that meet specific standards. • Revise development fees to lower costs to AH development. • Create an impact fee for certain uses or development types which creates a revenue stream to offer financial subsidies for private sector AH development. • Affordable Housing by Right in Every Zone • In addition to the LUC, the AACP is another key tool for encouraging more AH development over time. The next AACP update could include the following to ensure more AH is developed: • Identify, annex (as necessary), and zone specific lands within the UGB for AH development. • Tie utilities extension policies outside the City Limits and existing service area to AH development standards. • Create policies for the UGB which preclude development of lands within the UGB for uses other than or prioritizing AH. • Create policies tying transit MMLOS and transportation network service extensions to AH development standards. • Create policies identifying lands in the UGB for AH-focused TOD developments. • Adopt clearly articulated land banking policies targeting specific properties in the UGB appropriate for acquisition and AH development. ACTION: Summary of Community Development Policy Recommendations ACTION ITEM OWNERS Phillip Supino & Ben Anderson ESTIMATED TIMELINE Once work on the moratorium is complete, Community Development staff will revisit this Action Item to provide a more robust plan. HOW THIS ACTION INCREASES THE NUMBER By ensuring the City’s regulations, policies, and development and impact fees extract AH units and revenue commensurate with the employment generation and community housing impacts. Further, by leveraging regulatory processes and police powers to ensure the community gets the development needed to achieve adopted City policy. CONNECTION TO AACP The following AACP statements (among others) support this action item. I.1. Achieve sustainable growth practices to ensure the long-term viability and stability of our community and diverse visitor-based economy. VII.1. Study and quantify all impacts that are directly related to all types of development. VII.2. Ensure that all new development and redevelopment mitigates all reasonable, directly related impacts. VIII.1. Restore public confidence in the development process. VIII.2. Create certainty in zoning and the land use process. II.5. Redefine and improve our buy-down policy of re-using existing housing inventory. III.2. Promote broader support and involvement in the creation of non-mitigation Affordable housing, including public-private partnerships. IV.2. All affordable housing must be located within the Urban Growth Boundary. IV.3. On-site housing mitigation is preferred. IV.5. The design of new affordable housing should optimize density while demonstrating compatibility with the massing, scale, and character of the neighborhood. Policy ACTION: Complete Burlingame Phase 3 ACTION ITEM OWNERS Scott Miller & Chris Everson OVERVIEW Two prior phases have been completed, with a total of 177 affordable units at Burlingame Ranch. This thriving neighborhood is home to a diverse working population including many families and children. The third phase of building is currently in process as of March 2021. The current construction effort will create 79 additional affordable condominium units in 8 buildings, along with associated landscape and infrastructure. There are also two remaining single-family units to be constructed before the subdivision is complete. The current construction effort utilizes factory-built modular building construction to shorten the construction timeline and to minimize on-site construction impacts to the surrounding neighborhood. Foundations are constructed on the site, and modular buildings are trucked in, lifted and carefully placed, and assembled to completion on the site. Site retaining, roadway infrastructure, and landscape work is also part of the effort. The Burlingame Ranch Phase 3 project effort will deliver 79 new affordable ownership condominiums to Aspen and Pitkin County’s inventory of affordable housing, and sales are expected to begin September 2022. The architectural character, unit sizes and interior configurations are consistent with the previous phase Phase 3 includes carport structures which allow each unit to have one assigned, covered carport parking space with attached storage closet. There will also be an equal number of uncovered surface parking spaces to reach an overall parking capacity of 2 parking spaces per unit. Terms of use for all parking spaces is expected to be governed by the new phase 3 condominium homeowner’s association, which will be set up in the same manner as the two existing condominium associations which exist at Burlingame Ranch already. Adjacent to public parks and Open Space, the landscape for phase 3 will be integrated with the prior phases and includes numerous open lawn areas, hundreds of trees and shrubs, and walkway connections to create a highly accessible community. Those internal walkway connections are also integrated into the larger trail connection plan, and the facility will utilize an irrigation system equipped with a raw water source to avoid the use of potable water for the purpose of watering. The phase 3 residential program consists of approximately 84,000 square feet of livable area within a total of 79 condominium units. The condominium units are a mix of flats and multi-level townhomes with (25) 1-bedroom flat units, (12) 2-bedroom flat units, (5) 2-bedroom townhome units, (23) 3-bedroom flat units, and (14) 3-bedroom townhome units. Unit sales for these 79 new affordable homeownership units beginning September 2022 are anticipated to be facilitated by the Aspen / Pitkin County Housing Authority (APCHA) and are expected to be done via a lottery process. The income levels to be served by these units is expected to be APCHA income categories 2 through 5, although the specific details of the number of units in each category and further details of the sales process will be more closely defined throughout the remainder of 2021 and in the coming months. ESTIMATED TIMELINE Burlingame Phase 3 units scheduled for sale fall 2022. HOW THIS ACTION INCREASES THE NUMBER Burlingame Phase 3 will result in 79 new ownership units. CONNECTION TO AACP The first phase of Burlingame Ranch affordable housing was built in 2006. While land banking is not specifically called out in the AACP as a strategy, the primary outcome of the 2007 Housing Summit was to encourage additional “land banking,” which ultimately resulted in the purchase of the BMC West property, a parcel at 488 Castle Creek Road and others. The 2008 Affordable Housing Plan evaluated 15 potential sites for affordable housing units, identifying a range of up to 685 possible housing units.” New Development 45 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 25CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 24 OVERVIEW The current cost to develop an affordable housing unit in Aspen is approximately $1 million. Having the right portfolio of funding sources and funding partners is critical to gain affordable housing units through development neutral means as well as new development. Taxes • Current tax collections dedicated to affordable housing (1.0% RETT and 45% of 0.45% sales tax) sunset 12/31/2040 (Resolution #81, 2008). • Sales tax collections have been relatively stable, with annual escalation of about 4-5% per year. RETT collections are extremely volatile & after the recent two years of record transaction and price appreciation, it is anticipated that there will be softness in the coming year(s) that will affect collections.   Debt Obligation Types of debt issuances possible depend on project: • General Obligation debt – full faith and credit of the City would back this issuance, but then would require voter approval. Will ensure best borrowing rate possible. This could allow for an ownership type product to be produced and sold, and would allow for some immediate payback into the fund when units are sold. • Tax Revenue Bonds – This would again require voter approval and would be limited in the size of the issuance to the pledged resources (tax collections generated by the sales or RETT taxes) to meet annual repayment terms. Best leveraged in conjunction with extension of existing taxes noted above, to maximize the duration for the payback term. • Certificates of Participation (COPs) can be issued if willing to pledge a city- owned asset of equal value (either can be the project itself or another asset(s)) – if it were the project, it would then mean the project would be rental units. This would likely yield a borrowing rate that is one notch below the best rate the City could achieve under a General Obligation type issuance. • Does not create new resources but rather just changes the availability of resources to achieve goals sooner (pledges future resources today and therefore not available in the future) • Debt is best for creating or acquiring new assets. It is not as good an option for preservation of deed restrictions (but is possible).   Establishment of New Sources • Exploration of new fees to supplement existing tax revenues and other affordable housing mitigation collections (also under review). • Collaborate with other jurisdictions to further a regional tax to support greater housing preservation and development. ACTION: Develop Financial Resources for New Construction, Expiring Deed Restrictions & Land Banking ACTION ITEM OWNER Pete Strecker ESTIMATED TIMELINE HOW THIS ACTION INCREASES THE NUMBER Specifics around any projects are needed to best match debt issuance options for the desired outcomes and to maximize the City’s credit rating wherever possible. Until this is developed, any debt issuance discussion is premature. New fee creation will be explored during the current land use moratorium period and options will be brought forward to Council for consideration. CONNECTION TO AACP Financing is a required component of any new affordable housing acquisition or development. Tax extensions and voter approval for debt issuance authority are subject to regular election cycles and would need to be coordinated with that in mind, plus any voter outreach effort prior to those voting periods. Fees can be adopted at any time, via the City ordinance process. This will require two readings and public review period. Policy OVERVIEW The AH Certificates program is more than a decade old. The program has included new projects, conversions of freemarket units to deed-restricted, and the use of historically designated properties – all completed by developers in the private sector. Other than the land use reviews, the City of Aspen did not have to expend any resources in the development of these units. The FTEs generated by a project are typically determined by the number of bedrooms in each unit in the project. Categories of the units are assigned in the deed-restrictions. For the completed projects, all have been created in Categories 2, 3, and 4. There have been 109 FTEs generated by completed projects to date, with another 43 – either with Land Use approval or in Land Use Review. A number of program enhancements have been identified as necessary to improve program effectiveness, respond to market dynamics, ease program administration, and ensure the maximization of the benefits to the community and developers provided by the program. Those program enhancements include: • permitting program participants to leverage outside tax benefits and financing to develop AH units for credits; • aligning the value of a credit with the real-world occupancy of an AH unit; • ensuring alignment between the value of a credit and the cost to build an AH unit; • offering City financial incentives to credits developers to lower barriers to credits projects; • improved tracking of credit market dynamics including sale price and supply and demand. • Evaluate the potential for the City to purchase credits. More detailed program analysis is needed to determine the full list of possible program enhancements which could include queue priority for building permit reviews as the potential for developer assistance or partnering. As it is included in the Land Use Code, the normal LUC amendment process is required to alter the program. Since its inception, the AH Certificates program has succeeded in motivating private sector development of non-mitigation AH units. The credits created by those developments has provided flexibility to private sector development to meet its mitigation requirements through the extinguishment of those credits. This symbiotic relationship has provided benefits to both sides of the credits equation. However, analysis is needed to determine if the credits program has resulted in more AH units that would have been required of the same private sector development activities over the same period of time. ACTION: Certificates of Affordable Housing Program Enhancements ACTION ITEM OWNERS Phillip Supino & Ben Anderson ESTIMATED TIMELINE 2022-2023: program analysis, stakeholder outreach, ordinance development, Council action HOW THIS ACTION INCREASES THE NUMBER Maximizing the effectiveness of the program will incentivize private sector AH developers to build new units, or convert free-market into deed- restricted affordable units. CONNECTION TO AACP The following AACP statements (among others) support this action item. I.1. Achieve sustainable growth practices to ensure the long-term viability and stability of our community and diverse visitor-based economy. I.5. Through good land use planning and sound decision-making, ensure that the ultimate population density of the Aspen Area does not degrade the quality of life for residents and the enjoyment of visitors. V.2. Facilitate the sustainability of essential businesses that provide basic community needs. VII.2. Ensure that all new development and redevelopment mitigates all reasonable, directly related impacts. II.1. The housing inventory should bolster our socioeconomic diversity. II.2. Affordable housing should be prepared for the growing number of retiring Aspenites. III.2. Promote broader support and involvement in the creation of non-mitigation Affordable housing, including public-private partnerships TABLE 7. AH CERTIFICATES PROJECTS SINCE 2012 Completed Projects FTEs Generated 301 W. Hyman 14 313/317 AABC 24 210 W. Main 18 518 W. Main 29.66 834 W. Hallam 18.75 815 Vine 3 829 W. Bleeker 1.25 TOTAL 109 FTEs Projects with approval or in review FTEs Proposed 611 W. Main 15.9 1020 E. Cooper 14.1 1235 E. Cooper 12.7 TOTAL 42.7 FTEs Policy 46 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 27CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 26 ACTION: Partnerships ACTION ITEM OWNERS Chris Everson & Scott Miller ESTIMATED TIMELINE HOW THIS ACTION INCREASES THE NUMBER Under the right conditions, partnerships can increase the pace of affordable housing development or redevelopment. CONNECTION TO AACP 2012 AACP appendix III.2 Promote broader support and involvement in the creation of non-mitigation Affordable housing, including public-private partnerships. (Collaborative Initiative, Incentive Program) II.2.a Establish a working group of people who represent the City, County, public agencies, and the private sector to implement the policy. Explore models of producing affordable housing units, including quasi-public housing development corporations. (I - APCHA, Housing Frontiers, City and County Managers, private sector, taxing districts) II.2.b Explore the creation of a program where the City or County would provide a tax benefit, payment or life-estate planning or other financial incentive to a free-market homeowner to include their property in the City/County’s land banking for future affordable housing. (I - City Manager, County Manager) II.2.c Explore creating a program for deed restrictions for a defined duration. (I - APCHA) II.2.d Explore the benefits of expediting specific affordable housing projects through the development and construction phase. OVERVIEW Partnerships for Affordable Housing typically fall into three categories, (1) between one or more governmental jurisdictions, (2) between a government and a non-profit, and (3) between a government and private sector organizations. The most common type of partnerships between one or more governmental jurisdictions involves a city partnering with other cities to create an entity similar to a housing authority. Some housing authorities have taxing authority, others do not (APCHA). Local governments frequently form partnerships with non-profit organizations to operate a housing program or manage a public housing project. Sometimes the non-profit organization is eligible for grants that a governmental jurisdiction is not. Non-profits also appeal to philanthropic organizations and individuals who can claim tax deductions for making contributions. Public–private partnerships (P3s or PPPs) often involve agreements among one or more government entities and one or more private sector companies to design, build, finance, operate, and/or maintain projects, facilities or operations which may be funded and operated through a partnership of government and one or more private sector companies. PPPs can be effective, but also bring challenges such as land cost, funding, connections to the free market, expiring deed restrictions, and misalignment of values. Agreements to design, build, operate and maintain can be complex and can be effort- intense to put in place and may incur significant legal fees due to the need to hire attorneys to write complex, binding legal agreements which include arrangements and terms that require certain obligations and guarantee and secure the cash flows and involve outside funding mechanisms as well as management terms. But PPPs can bring some benefits to the development process. Project risks can be transferred to private partners, and greater price and schedule certainty can be achieved. There can be opportunity for innovative design and construction techniques, and public funds can be freed up for other projects or purposes. These potential benefits come with limitations such as increased financing costs, limited flexibility and often few bidders to partner with on such projects. The amount of effort and/or risk taken on by a government or quasi-government entity may be modified by including more or less of a role in the service or facility being created. A PPP may be created so that the government or private sector partners take on more or less of the work to create the service or facility sought. Risks and/or activities transferred in PPP Agreements may include design, construction, financing, operations, maintenance and may even include reversionary rights. Financing risks may include financing costs, inflation, design/construction risks, unforeseen project site conditions, permitting, and more. Operation and maintenance risks may include facility maintenance and operations, future unforeseen conditions, underutilization of assets, rent risks, and more. In considering where to place itself on the spectrum, public agencies need to consider questions about benefits of private sector innovation, benefits to accessing private financing, private-sector performance incentives, and other private-sector tools which public agencies may have difficulty managing. New Development No specific timeline can be established for partnerships at this point. ACTION: Incentivize voluntary rightsizing to recapture & utilize unused bedrooms in the existing inventory ACTION ITEM OWNERS Chris Everson & Matthew Gillen OVERVIEW There are potentially 400+ underutilized bedrooms within the existing inventory. Subsidies for the creation of each new bedroom can be some $150,000+ per bedroom for new development. If incentives can be provided for owners/tenants with unused bedrooms to move to a smaller unit and free up the unused bedrooms so that they may be utilized to house people, and if this can be done at a lower cost than developing new bedrooms, then this can save resources such as development dollars, staff time and the environmental impact of construction. Actions/tools needed may include: • Incentive calculation which multiplies the fee in lieu at the category of the bedroom being traded in by the number of FTE slots being freed up and adjusting for depreciation. The amount of the incentive should be less than the subsidy of developing a new bedroom. • The household which is rightsizing may apply their incentive, which is provided from the 150 Fund, to the purchase or rental of an existing or new unit, when available, and will receive lottery priority to do so. • Research and inventory specific units with vacant bedrooms and communicate incentive to owners/tenants Draft policy for implementation may include: • Allow priority in lottery for re-location of target households, target households should be able to use their priority to move to an existing or new smaller unit as those come available. • Implement policy with approval from APCHA board and City Council (for use of 150 funds) • Prepare incentive offers and agreements, target specific households for solicitation of incentive • Possibly of offering the rightsizing household the ability to qualify using their original category or current category, whichever is lower • Evaluate the potential use of the Affordable Housing Certificates program ESTIMATED TIMELINE Spring/Summer 2022: Research and inventory specific units with unutilized bedrooms Spring/Summer 2022: Draft policy for implementation - Include incentive calculation methodology and priority in lottery for re-sales and available rentals for re-location of target households, target households should be able to utilize their rightsizing incentive for a move to an available existing (smaller) unit or a newly developed (smaller) unit as those come available Summer/Fall 2022: Discussions with APCHA Board & Aspen City Council Winter 2022/2023: Implement policy with approval from APCHA board and City Council (for use of 150 funds) Winter/Spring 2023: Prepare incentive offers and target those specific households for solicitation of incentive HOW THIS ACTION INCREASES THE NUMBER By incentivizing rightsizing to recapture and utilize unused bedrooms in the existing inventory, we can maximize the utilization of the existing housing stock. CONNECTION TO AACP The AACP states, “Deed-restricted housing units should be utilized to the maximum degree possible.” For every unused bedroom that can be recaptured and utilized, this saves the community development dollars, staff time and the environmental impact of construction. Development Neutral 47 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 29CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 28 OVERVIEW APCHA has a responsibility to maximize value to the community and efficiency and impact of APCHA housing. A simple measure of that impact is ensuring that APCHA houses the maximum number of individuals possible in the available housing units. Such a simple measure however, does not take into account the wishes, goals and needs of APCHA residents, for whose benefit APCHA properties were constructed. People’s needs and desires change over the years, thus APCHA must seek voluntary, flexible, incentivized programs to maximize occupancy in APCHA units. • Maximum age of Dependent: In November 2021 APCHA lowered the maximum age of a dependent from 24 to 19 in the employee housing regulations, to free up space previously used by adult dependents. • Monitoring “Excess” Units: Through the new HomeTrek system APCHA can now better monitor and assess unit usage. • “Buy-Down/Right Sizing”: The APCHA board will examine possible programs to incentivize people, voluntarily, to move to small units, after, for example retirement. • In Complex Bidding: Currently bidders in the same housing complex have a priority over outside bidders. This policy is an effort to sustain community ties. ACTION: Potential APCHA Policy Actions to increase number of available units ACTION ITEM OWNER Matthew Gillen ESTIMATED TIMELINE HOW THIS ACTION INCREASES THE NUMBER By providing residents who have outgrown their properties an incentive – and importantly no disincentives -- those residents may voluntarily want to move to another unit. CONNECTION TO AACP The plan clearly says: “All deed-restricted housing units should be utilized to the maximum degree possible.” These are ongoing policy actions, some of which have recently been implemented – such as the Dependent Age – and others are still under development or under consideration by the APCHA Board. Policy OVERVIEW APCHA has a compliance program to ensure affordable housing units are housing people who qualify with APCHA’s rules and regulations, as created by APCHA’s Board of Director. Concurrently, APCHA fully supports keeping qualified people in their units. APCHA’s compliance process starts with qualifications. APCHA is continually seeking to improve performance to ensure that qualified buyers and renters receive all due consideration during the qualification process, and that unqualified applicants do not proceed in the process and are clearly and transparently informed. Similarly, APCHA residents must comply with APCHA regulations, including but not limited to, residency and work qualifications. It is APCHA’s responsibility to the Aspen community to resolve noncompliance fairly and swiftly. • Automated identification of violations: APCHA cross references the list of all APCHA property with the City’s short term rental database. • Investigations: While the qualification process is rigorous and requires income and asset documentation similar to what is required when applying for a home mortgage, there are rare instances where a renter or owner has violated the terms of their deed restriction, such as posting their unit on a Short Term Rental website or putting their APCHA unit into a Trust. APCHA staff work with an outside attorney to conduct investigations of possible deed restriction violations. • Voluntary reporting of violations: “Report a Concern” is a button on APCHA’s website homepage. This allows members of the community to notify APCHA of violations. Importantly, it can be difficult for APCHA to investigate some compliance cases if the reporting individual is anonymous. • Hearing Officer: APCHA has hired and outside hearing officer to resolve compliance cases where needed. • Outreach and Communication: The best way to maintain compliance is education. APCHA is revamping its communication and outreach strategies with an emphasis on interactive, accessible forums and education. ACTION: APCHA Compliance Actions ACTION ITEM OWNER Matthew Gillen ESTIMATED TIMELINE HOW THIS ACTION INCREASES THE NUMBER Compliance actions are important because they ensure that affordable housing units are being occupied by individuals who meet the qualifications as outlined in the APCHA Regulations. Because Compliance is a handled on a case by case basis and it time intensive, it does not result in a significant increase in available units. CONNECTION TO AACP The plan says, “all deed-restricted housing units should be utilized to the maximum degree possible”, which includes ensuring that units are used by qualified residents. This is an ongoing effort. Compliance & Sustainability 48 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 31CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 30 OVERVIEW This program has not yet been fully fleshed out. Staff from multiple departments, including and importantly, Community Development, will need to work on this post moratorium. The development neutral program will pursue two different paths. First, policies and investments will be explored that would lead to the conversion of existing free-market units into deed-restricted affordable units. Second, the potential of new streams of revenue form currently unmitigated economic activities and the high value of real estate will be evaluated. The revenue would mitigate impacts to the community from real estate speculation, development, and resulting demands for services. The development neutral program supports of number of complimentary policies, including promoting appropriate residential density, re-using and sustaining existing buildings, mixing free-market and AH units within neighborhoods, and requiring development to mitigate for its impacts. Specifically on the topic of “buy-downs”/ purchase of free market property for the purpose of converting to affordable housing: While past plans have supported “buy-down” alternatives, there has been little comprehensive effort in this regard. A “buy-down” program may be an expensive proposition, but this plan calls for exploring it more thoroughly. The idea is to finally determine if the community is willing to pay the price for providing long-term affordable housing by converting existing free market homes, and or affordable housing, rather than building new homes. This type of program has two significant cost-related challenges: 1. Purchase of free market residential property is typically 1.5X the cost of developing new residential property, and 2. Converting purchased free market residential property to practical, usable affordable housing will add additional cost to this effort and could cause the purchase/conversion process to cost 3X to 4X that of developing new affordable housing. It is unlikely that this could be accomplished at any meaningful scale without a 3- to 5-fold increase to the current affordable housing tax revenues. ACTION: Additional Development Neutral Program Elements ACTION ITEM OWNERS Phillip Supino & Pete Strecker HOW THIS ACTION INCREASES THE NUMBER By exacting taxes to generate new revenue, the City will increase funds available to purchase free market units to bring into the AH system. CONNECTION TO AACP The following AACP statements (among others) support this action item. I.1. Achieve sustainable growth practices to ensure the long-term viability and stability of our community and diverse visitor-based economy. I.5. Through good land use planning and sound decision-making, ensure that the ultimate population density of the Aspen Area does not degrade the quality of life for residents and the enjoyment of visitors. II.1. The housing inventory should bolster our socioeconomic diversity. II.5. Redefine and improve our buy-down policy of re- using existing housing inventory. III.2. Promote broader support and involvement in the creation of non-mitigation Affordable housing, including public-private partnerships. IV.2. All affordable housing must be located within the Urban Growth Boundary. IV.3. On-site housing mitigation is preferred. IV.5. The design of new affordable housing should optimize density while demonstrating compatibility with the massing, scale, and character of the neighborhood. The current buy-down policy permits development with an AH mitigation requirement to fulfill that requirement through the purchase and deed-restriction of a free- market housing unit, adding it to the APCHA system. In the years since the creation of this policy, free market housing has increased exponentially in value. Therefore, individual buy-down units are a far less financially viable option for development with a mitigation requirement versus the purchase of AH credits or paying cash-in-lieu. Simultaneously, the community has seen a significant decrease in commercial development and, therefore, the creation of new FTEs requiring housing units as mitigation. This and other trends have reduced the prevalence of the development of on-site AH units. These dynamics have combined to decrease the number of AH units brought into the system by the private sector, relying instead on AH credits and City-built projects to deliver the bulk of new AH units in recent years. It has also increased the rate of population decline in residential neighborhoods, undermining city policies related to a healthy lived-in community, a diversity of housing types and occupants in neighborhoods, and the maximum utilization of residential housing units in town. ESTIMATED TIMELINE 2022: City Council discussion, economic analysis, case studies and legal analysis, legislative development 2023: legislative process, TABOR vote Ongoing: program development and management Development Neutral OVERVIEW With affordable housing in the Aspen area in such short supply, APCHA has a responsibility to obtain maximum impact and value from existing APCHA housing stock, while also protecting residents’ rights and benefit under APCHA regulations. Part of this effort is maintaining the sustainability and lifespan of APCHA housing stock. Each APCHA housing unit that has lifespan extended reduces the need for a new unit. Owners of APCHA deed-restricted housing units are responsible for upkeep and maintenance of their homes, but, unlike the free-market housing cannot recoup the full value (generally restricted to 10 percent), of home improvements upon sale. Coupled with the fact that, due to the scarcity of housing in the Valley, sellers find buyers willing to buy less than adequately maintained homes, there are disincentives for APCHA deed-restricted homeowners to invest and maintain their homes. Further, some APCHA units, such as mobile homes have a limited lifespan, and must be periodically replaced. Some of these actions may require public money for implementation. Actions: • Home Inspection Program prior to Resale: APCHA has difficult role while facilitating the sale of APCHA deed-restricted units, representing both the seller (and preserving equity gained during the home’s ownership period), and the buyer (ensuring the home is in acceptable or good condition to buy). In January 2022, APCHA fully implemented a home inspection program to improve transparency as buyers and sellers negotiate. • Mobile Home Pilot Program: APCHA is exploring a pilot program to assist owners of mobile homes in replacing their homes. • Sellers Standards/Capital Repairs: APCHA will continue to monitor and seek ways to maintain the standard of units sold by APCHA owners, balanced with the equity of the seller. • Additional Ten Percent Capital Improvement Cap: The APCHA Board recently voted to allow homeowners to update their deed restriction to receive an additional ten percent capital improvement allowance to support the maintenance of homes. This updated deed restriction also allows for capital improvements above the ten percent cap for approved energy and water efficiency and life/safety improvements. • Encourage HOAs to Prepare Capital Reserve Studies: Homeowner associations should be aware of their potential needs for capital improvement. APCHA will be looking at the issue of HOA Capital Reserves in the future. • Hire Contract Grant Writer: APCHA has funding and will hire a grant writer for funding sources to support individuals who want to make repairs to their APCHA Deed Restricted Property ACTION: APCHA Policy Actions to improve the sustainability of the APCHA deed restricted housing ACTION ITEM OWNERS Matthew Gillen & Diane Foster ESTIMATED TIMELINE HOW THIS ACTION INCREASES THE NUMBER Maintaining existing housing units is minimizes the need to replace or perform extensive repairs on units. CONNECTION TO AACP The Aspen Area Community plan calls for deed-restricted housing units to “be used and maintained for as long as possible, while considering functionality and obsolescence.” These are ongoing policy actions, some of which have recently been implemented – such as the Home Inspection Program – and others are still under development or under consideration by the APCHA Board. Compliance & Sustainability 49 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 33CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 32 OVERVIEW At the direction of the City Manager, City and APCHA staff have been active participants in the Roaring Fork Valley Roadmap process, facilitated by Pitkin County. The group has embraced the concept of collaboratively address the topic of workforce sustainability. In October approximated fifty stakeholders participated in a series of focus groups that included representatives from Roaring Fork Valley nonprofits, local governments and agencies and the private sector. This group recommended a specific focus on a regional affordable housing project, there was also strong support for addressing issues related to diversity, equity and inclusion as well as mental wellness. While this project is still in its early stages, there has been active and consistent participation from all of the Roaring Fork Valley local government staff, along with DOLA staff. The collective and overwhelming consensus of stakeholders that more affordable housing is needed in the Valley aligns well with City Council’s critical goal of increasing the number of affordable housing units. Concurrently, the Roaring Fork Roadmap team has been in discussions with a Housing Coalition group that initiated discussions about forming some type of more formal regional housing group. While that group had a temporary hiatus during the early part of the pandemic, the group has been meeting again to develop a plan for better regional collaboration around affordable housing. These two groups have discussed how working together and in collaboration with DOLA could yield results. Staff will keep Council updated as this project moves forward. In February and March 2022 the Aspen City Council, along with a number of other local governments in the Roaring Fork Valley, adopted an MOU in support of the creation of a Regional Housing Non-Profit. It is likely local governments from the Colorado River Basin will also join this effort Unrelated to the item above, during the December 2021 City Council Housing Retreat, the City Council expressed support for Pitkin County considering a county- wide tax to support affordable housing. The City Council has not taken, nor have they been asked for a formal position on this topic. ACTION: Regional Collaboration ACTION ITEM OWNER Diane Foster ESTIMATED TIMELINE HOW THIS ACTION INCREASES THE NUMBER Affordable housing is an issue facing all communities in the Roaring Fork Valley and beyond. Where state and federal funding for affordable housing will likely be available, a regional effort is more likely to be successful than individual localities seeking funding. CONNECTION TO AACP While the AACP encourages partnerships, the AACP is generally silent on regional collaboration Staff will provide City Council an update on progress later in 2022 New Development OVERVIEW By definition, land banking is the process of acquiring and holding land for future development, re-development, or land trade. Success requires cohesive partnerships among a variety of stakeholders, funding partners, and all levels of government, as well as confidentially. As land is a finite resource, acquiring sites for future use as affordable housing preserves future opportunities for the City to act typically in partnership with a private contractor. The investment in the land can serve as a way to secure more financing options and at more favorable terms. Land banking positions the City to take advantage of favorable market conditions. One of the challenges inherent in land banking is that it takes money away from today’s projects. Nonetheless, land banking can offer a significant benefit to future development, in the land costs are nearly always lower now than in the future. Due to the nature of property acquisition in the public sector, specific properties cannot be mentioned. Infill development alone cannot address mounting affordable housing demands. City Council’s policy direction regarding land acquisition is to consider any and all acquisitions, including partnerships. Actions: 1. Continue to seek appropriate land for land-banking. 2. Consider an incentive program for sellers ??? Dedicate housing to family name, other family incentives of value? Consider a tongue in cheek “cash for homes” marketing effort, which would probably make national news. 3. Consider creating or enabling fast-track for Council approval of potential contract to buy when needed. For example, 1.22 acres at 688 Spruce Street was purchased by a private buyer before staff could bring it to Council’s attention. Land purchase price was in range of other City projects, ended up a missed opportunity for potentially around 20 new units. 4. Consider purchase of parcels discussed with Council in executive session. Consider a means of public discussion for potential conversion of other City assets. 5. AACP Appendix III.2.b Explore the creation of a program where the City or County would provide a tax benefit, payment or life-estate planning or other financial incentive to a free-market homeowner to include their property in the City/County’s land banking for future affordable housing. (I - City Manager, County Manager) ACTION: Land Banking ACTION ITEM OWNERS Scott Miller & Chris Everson ESTIMATED TIMELINE HOW THIS ACTION INCREASES THE NUMBER The availability of additional land creates more housing opportunities, quantifying the number is very difficult. The increase of AH units is dependent on several factors: zoning, mass and scale, NIMBYism, the useful amenities available to the community, good design, incorporation of smart growth principles. CONNECTION TO AACP The AACP provides guidance with respect to: • Continuation of the Aspen Idea • Environmental Stewardship • Sustainable development • Emphasis on quality and livability • Addresses Housing and Daycare needs While land banking must be an ongoing action item, the benefits of land banking actions are not realized until the future. New Development 50 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 35CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 34 An outcome of the July 2021 City Council Retreat, City Council adopted three Critical Goals in August 2021. The Housing Critical Goal reads as follows: Increase number of Affordable Housing Units: In order to deliver an affordable housing system that is high quality, sustainable, and results in a lived-in community, Council will continue to evaluate, identify opportunities, plan, partner, facilitate, and leverage existing and new resources to invest in the development and maintenance of affordable housing. This will be accomplished through: • Convening a City Housing Retreat; • Creating an affordable housing strategic plan; • Completing Council directed affordable housing development projects; • Continuing to seek additional affordable housing development opportunities; • Leveraging and amending regulations and policies in support of affordable housing; and • Supporting continuous improvement with the APCHA program, including ensuring adequate resources. Since August 2021 Council has been presented with updates to the Housing Critical Goal and specific actions to further that goal on a regular basis at Regular Meetings where Council has approved policy, work sessions to provide staff direction on various affordable housing projects and program and through Information Only Memos. The three departments primarily responsible for delivering on the Housing Critical Goal – the Capital Asset Department, Community Development and Housing/APCHA – have all already scheduled appearances before City Council and Information Only Memos for the entire 2022 calendar year. Rather than a wholesale review of this Housing Strategic Plan, this Plan is a living document whose contents will be updated throughout the year. That being said, staff does plan to do an annual review of overall progress and make whatever modifications are necessary to the plan at that time. REVIEW PROCESS In any strategic plan that contains action items, it is also important to identify what action will not be pursued. Below is a list of action we will not undertake at this point due to one or more of the following reasons • Council asked staff NOT to pursue this strategy; and/or • Lower chance of success than other strategies These items could be pursued at a later date should Council’s policy direction change or is market conditions change. • Encourage new free market development in order to receive required affordable housing mitigation results • Vail InDeed Model – Not pursing this model because • It creates additional RO units; not the Category of units we need the most • No rental caps • No appreciation cap • Buy-Downs: Buying down existing free-market single family residential and converting to affordable housing is prohibitively expensive, given available resources and compared to the actions which have herein been prioritized. Even though Buy-Downs are not a prioritized strategy, this does not preclude entertaining offers such as a below market-rate offer to the City to buy or create a reverse mortgage for a home. ACTIONS NOT CURRENTLY PRIORITIZED 51 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 37CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 36 38 2012 Aspen Area Community Plan HousingHousing Vision We believe that a strong and diverse year-round community and a viable and healthy local workforce are fundamental cornerstones for the sustainability of the Aspen Area community. Philosophy We are committed to providing affordable housing because it supports: • A stable community that is invested in the present and future of the Aspen Area. • A reliable workforce, also resulting in greater economic sustainability. • Opportunities for people to live in close proximity to where they work. • A reduction in adverse transportation impacts. • Improved environmental sustainability. • A reduction in downvalley growth pressures. • Increased citizen participation in civic affairs, non-profit activities and recreation programs. • A better visitor experience, including an appreciation of our genuine, lights-on community. • A healthy mix of people, including singles, families and seniors. Many of the philosophical statements in the 2000 AACP still ring true today: “We believe it is important for Aspen to maintain a sense of opportunity and hope (not a guarantee) for our workforce to become vested members of the community. ... (We seek) to preserve and enhance those qualities that has made Aspen a special place by investing in our most valuable asset – people.” “Our housing policy should bolster our economic and social diversity, reinforce variety, and enhance our sense of community by integrating affordable housing into the fabric of our town. A healthy social balance includes all income ranges and types of people. Each project should endeavor to further that mix and to avoid segregation of economic and social classes ...” Living in affordable housing is not a right or a guarantee, but a privilege, carrying with it responsibilities to future generations, such as long-term maintenance and regulatory compliance. The creation of affordable housing is the responsibility of our entire community, not just government. We should continue to explore methods that spread accountability and responsibility to the private sector, local taxing districts and others. We continue to support the following statements from the 1993 and 2000 AACP: “Housing should be compatible with the scale and character of the community and should emphasize quality construction and design even if that emphasis increases [initial] costs and lessens production, [within reason].” At the same time, new construction should emphasize the use of durable and renewable materials in order to improve our environmental stewardship. We should demonstrate our commitment to future generations by providing educational outreach regarding long-term maintenance and regulatory compliance by adopting a strategic plan for long-term maintenance of publicly-owned rental properties, and for handling “unique” properties, such as those with a sunset on deed restrictions. APPENDIX A: HOUSING CHAPTER OF ASPEN AREA COMMUNITY PLAN 52 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 39CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 38 40 2012 Aspen Area Community Plan Housing What’s New in the 2012 AACP Linkages The creation of Affordable housing can help reduce pressures on the valley-wide transportation system by providing housing opportunities for our local workforce in the Aspen Area, while reducing air quality impacts associated with a commuting workforce. Affordable housing is also critical to a viable economy, and helps to ensure a vital, demographically diverse year-round community. At the same time, limited opportunities and funds mean we cannot build our way out of the housing problem, and we recognize that new affordable housing includes infrastructure costs ranging from transportation to government services, schools and other basic needs. Controlling growth and job generation can reduce the pressure to provide affordable housing. Housing Growth & Economy Transportation Community Character The re-use of philosophical language from past community plans is due largely to the long-term support in the Aspen Area for affordable housing as a critical tool to maintain a strong year-round community. Some shifts in policy direction for the 2012 AACP can be attributed to the long-term growth and maturation of the housing program, bringing greater awareness of the need for long-term capital reserves and maintenance for individually-owned and rental properties, as well as publicly-owned rental properties. Another difference in the 2012 AACP is the decision not to establish a specific number of housing units to be developed during the 10-year life of the plan. This should not be perceived as a wavering of support for affordable housing units. The plan calls for exploring the potential of a new housing unit goal, but specific research on this topic was not conducted as part of this plan. This plan focuses on the ongoing challenges of establishing and maintaining a “critical mass” of working residents. The policies outlined in the Housing chapter and related housing mitigation policies in the Managing Growth for Community & Economic Sustainability chapter are intended to meet these challenges as the community continues to provide affordable housing. At the same time, the 2012 AACP calls for further research on the physical limits to development in the form of ultimate build-out, projected future impacts related to job generation, demographic trends, the conversion of local free market homes and other factors. This kind of statistical analysis will help inform future decision-making and goal-setting in a more meaningful way. Instead, this plan emphasizes the need to spread accountability and responsibility for providing affordable housing units beyond the City and County governmental structures, and continuing to pursue affordable housing projects on available public land through a transparent and accountable public process. While past plans have supported “buy-down” alternatives, there has been little comprehensive effort in this regard. A “buy-down” program may be an expensive proposition, but this plan calls for exploring it more thoroughly. The idea is to finally determine if the community is willing to pay the price for providing long-term affordable housing by converting existing free market homes, and or affordable housing, rather than building new homes. On the Horizon As the community continues to provide affordable housing, it is important to recognize and understand future challenges. We must continue to track changes to the Colorado Common Interest Ownership Act (CCIOA) and update our housing policies on a timely basis. APCHA should vigorously promote adoption of CCIOA by existing associations, and require new associations to adopt CCIOA. Lending practices are changing, resulting in new and potentially difficult financing. 39 2012 Aspen Area Community Plan Housing At the same time, we need a new focus on the issues surrounding retirement in affordable housing, as we are on the brink of a rising retiree demographic. In addition, we should continue to provide housing that accommodates the needs of people with disabilities. The provision of affordable housing remains important due to several factors, including the continued conversion of locally-owned homes to second homes, a trend of a more costly down-valley housing market and the upcoming trend towards retirement in affordable housing. With limited vacant land in the Aspen Area and limited public funds, we cannot build our way out of this challenge. Our affordable housing program is continually encountering new crossroads that demand creative thinking, understanding and thoughtful action. What’s Changed Since 2000 Since the adoption of the 2000 AACP, a total of 652 new affordable housing units have been constructed, with another 181 approved but not yet built. By any measure, these are impressive accomplishments, but various relevant trends have continued to challenge the goal of establishing and maintaining a “critical mass” of working residents, as stated in the 2000 AACP. While the ratio of local workers living in affordable housing units increased from 25% to 32% from 2000 to 2008, the ratio of local workers living in free market homes dropped from 22% to 13%, the result of continued conversion of locally-owned free market homes to second homes. At the same time, the economic boom period of 2004 to 2007 saw a dramatic increase in the cost of downvalley land and homes, reducing opportunities for Aspen workers to find free market ownership options in the valley. While the recession has rolled back prices, this plan must assume that the economy will experience another period of prosperity during the life of the plan. In addition, the number of retirees in deed- restricted housing is estimated to jump from approximately 310 today to more than 800 in 2021. The 2007 Housing Summit considered all these factors and more. The primary outcome of the Summit was to encourage additional “land- banking,” which ultimately resulted in the purchase of the BMC West property, a parcel at 488 Castle Creek Road and others. The 2008 Affordable Housing Plan evaluated 15 potential sites for affordable housing units, identifying a range of up to 685 possible housing units. Aspen Area Housing History In the early 1970’s free- market housing that had primarily housed local employees was being demolished and redeveloped as second homes. By 1974, the City and County began addressing this trend by establishing separate affordable housing programs and 14 years later formed the joint Aspen/Pitkin County Housing Authority (APCHA). APCHA is currently funded through a City of Aspen sales tax and a Real Estate Transfer Tax (RETT). The State enacted legislation in 2001 granting Housing Authorities across the state specific powers to raise revenue through sales taxes, use taxes, an ad valorem (property) tax, and/or a development impact fee. To date, APCHA has not pursued these revenue sources. The City of Aspen has a housing sales tax, and both the City of Aspen and Pitkin County have Housing Mitigation fees. APCHA operates under the 4th Amended Intergovernmental Agreement between the City of Aspen and Pitkin County. This agreement has eliminated APCHA’s role as an active developer of workforce housing; that role has been assumed by the City of Aspen. Currently, APCHA is principally involved in the qualification, sales, and enforcement of the housing program and is involved in the oversight of over 2,800 units of deed- restricted housing. The APCHA Board of Directors alone, or in concert with other entities, suggests new policy, programmatic changes, and legislation, or makes recommendations, as required by the City, County or State. 53 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 41CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 40 42 2012 Aspen Area Community Plan Housing Policy Categories Housing Policies IV. LAND USE & ZONING IV.1. Affordable housing should be designed for the highest practical energy efficiency and livability. IV.2. All affordable housing must be located within the Urban Growth Boundary. IV.3. On-site housing mitigation is preferred. IV.4. Track trends in housing inventory and job generation to better inform public policy discussions. IV.5. The design of new affordable housing should optimize density while demonstrating compatibility with the massing, scale and character of the neighborhood. IV.6. The residents of affordable housing and free-market housing in the same neighborhood should be treated fairly, equally and consistently with regard to any restrictions or conditions on development such as parking, pet ownership, etc. V. HOUSING RULES AND REGULATIONS V.1. The rules, regulations and penalties of affordable housing should be clear, understandable and enforceable. V.2. Ensure effective management of affordable housing assets. Incentive Program, Proposed Code Amendment Proposed Code Amendment Work Program for Planning Department & APCHA, Proposed Amendment Data Needs Proposed Code Amendment Proposed Code Amendment Work Program for APCHA Work Program for APCHA 41 2012 Aspen Area Community Plan Housing Policy Categories Collaborative Initiative Collaborative Initiative, Work Program for APCHA Collaborative Initiative, Work Program for APCHA Collaborative Initiative Incentive Program, Proposed Code Amendment Housing Policies I. SUSTAINABILITY AND MAINTENANCE I.1. Affordable housing should have adequate capital reserves for major repairs and significant capital projects. I.2. Deed-restricted housing units should be utilized to the maximum degree possible. I.3. Deed-restricted housing units should be used and maintained for as long as possible, while considering functionality and obsolescence. I.4. Provide educational opportunities to potential and current homeowners regarding the rights, obligations and responsibilities of home ownership. I.5. Emphasize the use of durable and environmentally responsible materials, while recognizing the realistic lifecycle of the buildings. II. PROGRAM IMPROVEMENTS II.1. The housing inventory should bolster our socioeconomic diversity. II.2. Affordable housing should be prepared for the growing number of retiring Aspenites. II.3. Employers should participate in the creation of seasonal rental housing. II.4. Employers who provide housing for their workers through publicly-owned seasonal rental housing should assume proportionate responsibility for the maintenance and management of the facility. II.5. Redefine and improve our buy-down policy of re-using existing housing inventory. II.6. Eliminate the Accessory Dwelling Unit (ADU) program, unless mandatory occupancy is required. III. FISCAL RESPONSIBILITY III.1. Ensure fiscal responsibility regarding the development of publicly-funded housing. III.2. Promote broader support and involvement in the creation of non- mitigation Affordable housing, including public-private partnerships. Community Goal Community Goal, Work Program for APCHA Collaborative Initiative, Incentive Program Collaborative Initiative, Incentive Program Work Program for APCHA Proposed Code Amendment Collaborative Initiative Collaborative Initiative, Incentive Program 54 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 43CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 42 CONNECTION TO AACP Within the introduction of the 2012 Aspen Area Community Plan, two of the stated central themes are “Emphasize the quality and livability of affordable housing.” and “Provide for a critical mass of year-round residents.” Within the housing implementation portion of the appendix of the AACP is an implementation step that, in part, states, “Amend the Housing Guidelines to establish livability standards that promote pride of living in affordable housing.” And although the AACP also encourages area employers to participate in the creation and maintenance of seasonal rental housing, the sections shown above, along with many other such statements in the AACP, support the Housing Philosophy stated within the AACP, which aims to nurture a stable, year-round community, with a reliable workforce with an opportunity to live near where they work, and with a healthy mix of people, including singles, families and seniors. LIVABILITY AND COMMUNITY ENGAGEMENT For public affordable housing developments, the City of Aspen performs typically performs rigorous community engagement, seeking input from the community at large and neighborhood stakeholder groups. A significant portion of such community engagement is typically devoted to affordable housing elements related to livability. At each stage of the design development process, input received from the community engagement process is typically filtered through Aspen City Council. This often results in a careful balance of various priorities such as livability, quality, neighborhood impacts and project cost. And there are many more detailed project elements that require balancing as well, such as environmental sustainability, accessibility, total cost of ownership or tenancy, constructability and more. These topics are interconnected with the meaning of livability among the Aspen affordable housing community. LIVABILITY – GENERAL PRINCIPLES Goals: Housing developments should endeavor to balance the principles of community, livability and quality against impacts such as unreasonable levels of cost and construction activity intrusion. Housing structures should utilize land as efficiently as possible and should seek construction efficiencies to levels that do not sacrifice livability beyond levels that are not consistent with these goals. Architecture should be sensitive to neighborhood context to the extent possible while achieving these goals. Density: Density should be considered as more than just a number and should consider neighborhood context, available open space, amenities and other considerations related to community character. Successful housing developments have been created in Aspen with density ranging from around 7 units per acre up to nearly 80 units per acre. Quality: Quality construction should be employed to mitigate sound and vibration transmission and to promote energy efficiency. It is important to people not to feel as densely housed as they actually are, and it is possible to invest in construction quality, up to a point short of diminishing returns, to make a densely populated facility feel as livable as possible given available resources. Environmental Sustainability: Environmental sustainability standards which are consistent with community goals should be integral to the construction quality program. Investments in sustainability measures should be carefully prioritized to be consistent with housing development goals. Housing Unit Sizes: Housing for a diverse population of income levels should not discriminate livable space based on incomes. Creating equitably sized housing units of standardized sizes can create construction efficiencies and increases flexibility to transfer units among households of different income levels. The Colorado Division of Housing has established “indicators of modest but decent housing” with suggested sizes of 500 square feet for studio or efficiency units, 700 square feet for one-bedroom units, 900 square feet for two-bedroom units and 1,200 square feet for three-bedroom units. necessary and where a high level of livability is otherwise demonstrated, with reduction criteria such as significant storage space, above average natural light, efficient/flexible unit layout, site amenities including parks and open space, and above ground unit versus below ground units. APPENDIX B: COMMUNITY AFFORDABLE HOUSING AND LIVABILITY 55 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 45CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 44 facilities should meet local codes and guidelines related to “wildlife-proof” requirements and recommendations and should otherwise be consistent with wildlife management practices. Mail and transit stop facilities should attempt to keep people separated from areas which could potentially attract bears or other wildlife. Site Lighting & Facilities: Site lighting should provide safety while remaining contextually sensitive and where possible should employ the use of timers and/or sensors to be as energy efficient as possible. Guide-on principles can be equally safe and less intrusive than flooding large areas with light. External availability of water and electrical sources are amenities that tenants and/or homeowners highly appreciate. “Dark skies” and other code-related requirements and recommendations should be rigorously met. Public Transportation: Access to public transportation is a must. Reduction of daily automobile trips should be encouraged through availability of convenient, multi-modal transportation alternatives. LIVABILITY – CHECKLIST The outline below is a useful inventory of decision points for considering characteristics which affect livability. Density, Environmental Sustainability, Accessibility Family oriented vs. non-family oriented Working vs. retirement orientation Flats versus multi-level townhomes & accessibility On-grade access, stairs to get to unit, below-grade, partial below grade units Ceiling heights greater than 8 feet, 8’-6” to 9’-0 where possible Minimum bedroom size, 10 feet Storage ƒInternal to the unit, Kitchen cabinets, Laundry, Foyer/mud – front and rear, linen closets, oversize bedroom closets (upper shelves for seasonal storage), Additional unfinished areas, storage closets under stairways ƒLockable external storage, enclosed preferred to cages, proximity to unit, outdoor gear storage, bikes, kayaks, skis, snowboards, fishing, etc. Trash/recycling/compost & mail facilities ƒProximity to units, aesthetics, durability, parcel boxes, wildlife-proofing, separating trash from mail due to wildlife safety, lighting Outdoor living ƒPrivate outdoor space is preferred by most people, grill, patio, enlarged covered balconies, avoid drip through, snow barriers/trellis Parking ƒLocation on site and relationship to pedestrians, streets/alleys ƒQuantity per unit, per bedroom ƒAbove grade uncovered, above grade covered, lots, street, head-in, parallel, angle, on-site, offsite ƒGuest / visitor / service usage, loading zone ƒAccessible parking ƒProximity to unit ƒDimensions of spaces / access, geometry of getting in and out ƒIntegrated storage with parking ƒSnow removal, snow storage, haul-off, street clearing, secondary clearing Public space/recreation ƒLocation, trail, pedestrian access, on-site open site areas, landscape ƒFlexible use spaces, fencing, demarcation, open ƒChild safety, dog parks, community gardens, programmed spaces Access to public transportation ƒSecure, covered bike storage at transportation nodes The APCHA Affordable Housing Development Policy includes the following Minimum Unit Sizes and defines an “occupancy standard” based on 400 square feet per “employee”. Unit Minimum Net Sq Ft Occupancy Standard Studio 500 1.25 1-Bedroom 700 1.75 2-Bedroom 900 2.25 3-Bedroom 1,200 3.00 In practice, the occupancy standard is less of an actual counting mechanism for occupancy and more of a conversion tool and general benchmark related to the 400 square feet per “employee” standard. The APCHA Affordable Housing Development Policy allows for the reduction of unit sizes by up to 20% in cases where both necessary and where a high level of livability is otherwise demonstrated, with reduction criteria such as significant storage space, above average natural light, efficient/flexible unit layout, site amenities including parks and open space, and above ground unit versus below ground units. Accessibility: Affordable housing facilities should be accessible above and beyond code requirements where possible. Varying levels of accessible dwelling units include Type A Full Accessibility, Type B Adaptable and Type C Visitable. Type A Full Accessibility units should be included at or above code minimums, and all other unit should be Type B Adaptable where possible. Townhome units or units which otherwise include a stairway internal to the unit should be Type C Visitable, and Universal Design should be used in common area facilities. Noise and Air Quality: Locations for affordable housing should be sought which have favorable noise and air quality characteristics. For locations where noise and air quality characteristics are not without flaws, mitigation techniques should be implemented to reduce adverse impacts to reasonable levels. Pedestrian Safety and Automobile Circulation: Whenever possible, housing developments should prioritize pedestrian movement over automobile movement and pedestrian safety over automobile circulation. Community Open Space: Community open space should be created to maximize the use of available land and should be landscaped to facilitate peaceful, playful and socially interactive enjoyment with turf or low-grow grasses as well as strategically placed shrubs and trees to facilitate demarcation of areas and/or privacy where needed. A mix of non-programmed and lightly programmed areas are encouraged. Parks and Trails: Parks and trails provide community benefits and should be connected to housing developments where possible. The use of boulder retaining walls can create material cost efficiencies and can be a contextually sensitive means of retaining earth as opposed to engineered alternatives. Parking and Storage: Parking and storage are key attributes that relate to day-to-day interaction with a housing facility. Local workers may not use their cars every day, but they have a right like everyone else to keep a car in their possession, particularly because Aspen is a remotely located City. Affordable housing units do not generally afford the amount of space that suburban living in America generally affords so convenient access to a reasonable amount of storage space is a key attribute to any housing unit. Parking and storage should be located within reasonable distance to one’s housing. The use of carport structures can be an equitable means of providing covered parking without a high level of expense and can be used where needed to retain earth or serve as sound barriers from nearby sources of noise. Total Cost of Ownership: Total cost of ownership or total rent should be considered in affordable housing designs. The use of durable assemblies and materials as well as low-maintenance mechanical systems along with operational efficiency considerations such as ease of snow removal and landscaping can help keep long-term costs down. Thoughtful design for management of snow, ice, moisture and freeze/thaw conditions can eliminate the need for gutters and downspouts and can help keep maintenance costs down. Wildlife: Sensitivity to wildlife and surrounding open areas is extremely important. Trash, recycling and compost staging 56 CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 47CITY OF ASPEN 2022-2026 — Affordable Housing Strategic Plan 46 Noise ƒUnit-to-unit transmission, wall/wall, floor/ceiling, STC, IIC ƒOutdoor noise, mitigation, berms, trees, façade Lighting ƒNatural light ƒIndoor lighting ƒExterior lighting Ventilation / heating / cooling Low voltage & electric - controls, network outlets, electric outlets, cable/satellite, utility usage, lighting, etc. Laundry in unit versus common, size & fit, maintenance, availability Heating – type ƒHeat pumps (cooling?), mini splits, ducted, radiant, baseboard, cove ƒ100% electric where possible ƒCommon vs. in-unit Hot water heating – common versus in-unit, tank, tankless, efficiency, accessible location, floor drain Solar and PV accessibility/orientation, roof space for p/v, rooftop decks Pets, service animals, emotional support animals, cleanup, bags, dna testing Landscaping ƒTurf, native grasses, low-grow, low water ƒUpkeep, Irrigation ƒHose bibs ƒCommunity gardens ƒStormwater, raingardens Kitchen ƒSingle, double sinks ƒElectric appliances, refrigerator, dishwasher, disposal, range type, microwave, range hood externally vented ƒSolid countertops, island or space for dining table ƒTrash, recycling, compost ƒStorage, cabinets, soffits, natural light/windows Bathrooms ƒQuantity per unit ƒLighting ƒTubs, showers, toilets ƒStorage ƒVentilation ƒFinishes, durability, aesthetics ƒSinks, single vs. double, fixture counts, types Maintenance ƒAccess to HVAC equipment, accessible filter locations, spare filters ƒAppliances, Floor coverings NOTES 57 www.aspen.gov // 427 Rio Grande Place, Aspen, CO 81611 58 Notes: •The information in the presentation is taken from a report by Economic and Planning Systems which was prepared for the City of Aspen in late 2021. •The report primarily utilized US Census data, American Community Survey data and Colorado Quarterly Census of Employment and Wages (QCEW) data. Additional data sources include DOLA, BLS and recorded real estate transaction data. •In some cases within this presentation, the years 2020 and 2021 have been omitted due to data irregularities caused by impacts of Covid-19. Contents: 1. Pitkin County Employment/Job Growth Trends ❖Total Pitkin County Employment/Job Growth Since 2010 ❖Employment/Job Growth by Sector ❖Top Five Employment Growth Sectors ❖Incomes for Jobs in Top Sectors ❖Job Growth by Area Median Income 2. Production of Housing ❖Income Levels of Recent RFV Housing Developments (not in Aspen) ❖Continuing the Mismatch of Housing Development and Worker Income Levels ❖Filling the Housing Income Gap -City of Aspen Housing Developments ❖The High Cost of Developing Housing in Aspen Production of Housing at Income Levels Suitable for Job Growth in Pitkin County 59 Total Pitkin County Employment/Job Growth Since 2010 Since 2010, total employment in Pitkin County was up by 12% by 2019, but due to Covid impacts, declined to 11% by 2021. This is an increase of approximately +1,700 jobs in Pitkin County since 2010. 60 Pitkin County Employment/Job Growth by Sector ❖The top five growing job sectors accounted for 87% of job growth from 2010 to 2019. ❖Accommodation & Food Services, Arts & Recreation, and Retail accounted for 58% of job growth. ❖The remaining two of the top five contributors were Public Administration and Real Estate. 61 Top Five Employment Growth Sectors in Pitkin County Notes about the sectors Accommodation & Food Services, Arts & Recreation, and Retail: ❖Three of the top five growing job sectors in Pitkin County ❖Collectively comprise 58% of total job growth in Pitkin County ❖These job sectors are essential to Aspen’s tourism economy ❖Incomes tend to be lower than the other top employment sectors 62 Incomes for Jobs in Top Sectors ❖Looking at data that further breaks down the top job sectors in Pitkin County, many of those incomes are below 85% of Area Median Income (AMI). And there is also significant growth occurring in number of jobs with wages from 85% to 120% AMI. 63 Job Growth by Area Median Income ❖In fact, jobs with incomes from 85% to 120% AMI are the fastest growing income cohort in Pitkin County. ❖And a large component of job growth is also occurring for jobs with incomes from 50% to 85% of AMI Combined, more than 80% of job growth in Pitkin County is occurring for jobs with wages from 50% to 120% of AMI. In the Aspen Pitkin County Housing (APCHA) Income tier system, these are income Categories 2 and 3. Number of jobs added in Pitkin County from 2010-2019 APCHA Income Category => 1 2 3 4 5 RO+ 64 June 2022 Roaring Fork Valley MLS Sales Data Rolling 12-Month Median Sale Price Single Family and Townhouse/Condo 2022 Year to Date Median Sales Price for Townhouse/Condo: •$2,950,000 Aspen Up 68% from 2021 •$1,670,000 SMV Up 104% from 2021 •$526,725 Old SM Up 30% from 2021 •$920,000 Basalt Up 48% from 2021 •$933,673 C’dale Up 56% from 2021 •$525,000 GWS Up 45% from 2021 65 Income Levels of Recent RFV Housing Developments (not in Aspen) ❖The recent RFV housing developments shown below produced 350+ housing units. ❖But less than 30% of units were for workers with incomes at or below 120% of AMI. In fact, none of the units produced on this list, some of which are free market developments and some of which are affordable housing developments, are a fit for workers with incomes from 85% to 120% of AMI, Aspen’s fastest growing income cohort. 66 Continuing the Mismatch of Housing Development and Workforce Income Levels ❖The final phase of Willits in Basalt looks to be heading in a similar direction. ❖With about 20% of units aimed at households with incomes at or below 120% AMI. ❖And about 80% of units aimed at household incomes above 120% AMI. ❖This information suggests that many RFV developments appear to be creating three-to four-times more housing for household incomes over 120% AMI than for household incomes at or below 120% AMI. ❖This appears to be opposite what is needed for local workforce housing as we move forward. We are starting to hear more pushback than ever over housing Pitkin County workers in affordable developments in communities outside Pitkin County. In some cases, this is being used as a wedge issue to rationalize more housing serving incomes greater than 120% AMI. 67 Filling the Housing Income Gap -City of Aspen Housing Developments ❖Over the course of roughly the next 10 years, the City of Aspen is planning to develop the 356 units shown below. ❖286 units (80%) are aimed at serving Pitkin County workers having jobs with incomes of 120% AMI or less. ❖70 units (20%) are aimed at serving Pitkin County workers having jobs with incomes from 120% to 240% AMI. ❖Although future job generation is TBD, let’s assume for a moment that roughly another 1,700 jobs are added in the next 10 yea rs, ❖These units would house less than 30% of new worker households added over that 10-year period. It’s not enough! In the past 20 years, the City of Aspen produced nearly 400 affordable housing units. Since 2010, Aspen’s housing mitigation credit program produced about another 75 units. 68 The High Cost of Developing Housing in Aspen ❖In 2015, the City of Aspen completed development of 82 for-sale units at Burlingame Ranch Phase 2 for a cost of approximately $260,000 per bedroom, including all costs such as land and infrastructure. ❖The City of Aspen is currently constructing another 79 for-sale units at Burlingame Ranch Phase 3, the final cost of which are projected to be approximately $380,000 per bedroom, including all costs such as land and infrastructure. ❖The national average is closer to $100,000 to $120,000 cost per bedroom for multifamily development. ❖Although we see spikes in construction cost increases, our experience is around 6%per year in construction cost increases on average, for working-class level multifamily residential housing projects. ❖When Aspen City Council approved 161 new units at Burlingame Ranch Phases 2&3 back in 2011 (Ordinance 22 of 2011), they did not know at the time exactly how the City would be paying to implement the units which are currently under construction in 2022. ❖Increasing construction cost is not the only uphill battle. Land cost increases have become the primary constraint with (depending upon whose numbers you prefer) increases of some 20% annually and spiking up to 100%! ❖Due to exhausting land and funding resources, the City of Aspen has no other housing developments in the current pipeline, no further resources to use to stem the rising costs of housing local workforce to serve local businesses. 69 The High Cost of Developing Housing in Aspen •City of Aspen cost and subsidy data for phased implementation of Burlingame Ranch affordable housing development •Projected phased implementation project cost estimate for Lumberyard affordable housing development •Increasing subsidies are due to costs increasing at a higher rate than sales price increases Lumberyard Units:277 Cost per Unit:$1,533,387 Bedrooms:467 Cost per Bedroom:$909,525 FTEs:590 Cost per FTE:$719,607 Livable Sq Ft:258,650 Cost per Livable Sq Ft:$1,642 Lumberyard subsidy is TBD with Phases 1 & 2 currently scheduled to be for rent for APCHA income Categories 1-5 and with Phase 3 currently scheduled to be for sale for APCHA income Categories 2-5. based on schematic design 70 Median and Average Home Values, May 2021 – May 2022 for Communities in the Roaring Fork and Colorado River Valleys Source of Housing Prices: Colorado Association of Realtors, through Aspen Board of Realtors, aspenrealtors.com/statistical-reports-by-town/ Housing prices are based on sales from May 2021 through May of 2022. * Household income necessary to afford median household price with 20% down payment. Affordability set at 36% Debt to Income Ratio. Assuming 5.6% interest rate. Income rounded up. Source: Nerd Wallet Calculator, nerdwallet.com Aspen Snowmass Village Basalt Carbondale Missouri Heights Glenwood Springs New Castle Rifle Single Family Median $13,750,000 $6,136,250 $1,565,000 $1,736,250 $1,800,000 $805,500 $595,000 $430,500 Single Family Average $18,156,750 $7,753,106 $1,918,500 $1,906,893 $2,459,065 $916,476 $634,741 $468,376 Income Needed* $2,362,000 $1,065,000 $286,000 $316,000 $327,000 $157,000 $120,000 $93,000 Multi-Family Median $2,950,000 $1,670,000 $920,000 $933,673 N/A $525,000 $400,000 $294,750 Multi-Family Average $4,587,000 $2,052,325 $1,090,818 $963,344 N/A $506,144 $395,555 $274,000 Income Needed* $522,000 $304,000 $177,000 $179,000 N/A $109,000 $88,000 $70,000 71 Advocacy, information, and training to build strong cities and towns 7 Colorado Municipal League Newsletter, Vol. 48, No 13 July 1, 2022 RESEARCH CORNER: COST OF LIVING AND HOUSING he Colorado Health Foundation released the first batch of findings from the 2022 Pulse: The Colorado Health Foundation Poll, an annual look at the priorities, perspectives, and experiences of Coloradans. The first phase of the results of the survey conducted in April of 2022 reveals Coloradans’ perspec- tives on cost of living and housing. View full results at https://bit.ly/39CvLNB 3 PUBLIC PERCEPTION 1 COSTS OF LIVING 2 ALL INCOME LEVELS T 50% About 9 in 10 Coloradans think the rising cost of living and the cost of housing are “extremely serious” or “very serious” problems. Homelessness also ranked highly as a concern. RISING COST OF LIVING THE RISING COST OF LIVING COST OF HOUSING HOMELESSNESS 4 MAKING SACRIFICES 5 RESOURCES FOR LOCAL OFFICIALS 32%48%24% 32%32% 31%49%22% 26% 52% 13% Nearly one-third (30%) of respondents are worried about losing their homes because they can’t aord the rent or mortgage. Many Coloradans, especially renters, report making sacrifices to pay rent or mortgage in the past year. TOTAL RENTERS HOMEOWNERS Worked multiple jobs, or more hours than wanted Housing 38%Food / groceries 30%Fuel / gas / oil 95%< $30,000 83%$100,000+ 93%$30,000-$50,000 87%$75,000-$100,000 93%$50,000-$75,000 COST OF HOUSING 93%< $30,000 82%$100,000+ 89%$30,000-$50,000 89%$75,000-$100,000 88%$50,000-$75,000 Percentage of respondents most concerned with the price of: Coloradans of all income levels are concerned about the cost of living and housing. Respondents reporting the below problems as “extremely serious” or “very serious,” by household income: Could not aord to move out of undesirable housing Avoided asking landlord to fix problems* Cut back or went without other needs *Only asked of renters Explore CML’s Housing Resource page at https://bit.ly/39I7Dcb. Read sample housing assessments and plans, view grant opportunities, and learn how munici- palities around the state are addressing challenges. CML is a sponsor of the Colorado Health Foundation’s six-part “Reimagining Housing Solutions” training series, designed to equip Colorado’s local leaders to as they work to address their community’s urgent housing needs. View past recordings and register for upcoming trainings at https://bit.ly/3N1qyfO. Join Rural LISC’s virtual “Rural Talks: Housing” for a no-cost opportunity to hear about research trends in rural housing, federal priorities related to rural housing, and opportunities and solutions being implemented around the United States. Learn more and register at https://bit.ly/3QwSOtN. Extremely serious Very serious Somewhat serious Not too serious or don’t know 61%27% 10%2% 61%25% 11%3% 39% 33% 21% 7% 72