HomeMy WebLinkAboutresolution.council.072-24RESOLUTION 4072
(Series of 2024)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN,
COLORADO, ADOPTING THE 2024 UPDATED AFFORDABLE HOUSING
STRATEGIC PLAN AND DOES HEREBY AUTHORIZE THE CITY
MANAGER TO PURSUE THE GOALS STATED THEREIN.
WHEREAS, in May 2022, City Council formally adopted the 2022-2026
Affordable Housing Strategic Plan to guide the actions of City Council and the
City Administration in creating affordable housing; and
WHEREAS, this Plan documented City Council endeavors to being strategic
in its deliberations regarding establishing an affordable housing goal that addresses
the needs and challenges facing the community; and
V�►THEREAS, City Council desires to formally adopt the 2024 Updated
Affordable Housing Strategic Plan to continue guiding the City in shaping its
future and document progress and changes made within the original 14 action
items; and
WHEREAS, the main updates made to the Plan include 3 additional action
items, a timeline extension to 2028, and an updated goal unit number; and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF ASPEN, COLORADO,
That the City Council of the City of Aspen hereby adopts the City of Aspen
2024 Updated Affordable Housing Strategic Plan and does hereby authorize the
City Manager to pursue the goals stated therein, including the following:
1. Replace Expiring Deed Restrictions with Permanent Deed Restrictions
(Development Neutral)
2. Complete Lumberyard Project (New Development)
3. Complete Burlingame Phase 3 Project - Achieved (New Development)
4. Community Development Policy Actions (Policy)
5. Certificates of Affordable Housing Program Enhancements (Policy)
6. Develop Financial Resources for New Construction, Land Banking & Other
Strategies (Policy)
7. APCHA Incentivized voluntary downsizing or move (Development Neutral)
8. Partnerships (New Development)
9. APCHA Compliance Actions (Compliance & Sustainability)
l0.APCHA Policy Actions to increase number of available units (Policy)
1 LAPCHA Policy Actions to improve the sustainability housing inventory
(Compliance & Sustainability)
12.Additional Development Neutral Program Elements (Development Neutral)
13.Land Banking (New Development)
14.Regional Collaboration (Development Neutral)
15 . Community Land Trusts (Policy)
16.Deed Restriction Purchase Program (Development Neutral)
17.APCHA Policy Actions to improve the sustainability of HOA Capital
Reserves (Compliance & Sustainability)
INTRODUCED, READ AND ADOPTED by the City Council of the City of
Aspen on the 9th day of July 2024.
Torre, Mayor
I, Nicole Henning, duly appointed and acting City Clerk do certify that the
foregoing is a true and accurate copy of that resolution adopted by the City Council
of the City of Aspen, Colorado, at a meeting held, July 9th, 2024.
0
Nicole Henning, ty Clerk