HomeMy WebLinkAboutresolution.council.097-25RESOLUTION #097
(Series of 2025)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN,
COLORADO, APPROVING A FUNDING REQUEST BY THE WEST
MOUNTAIN REGIONAL HOUSING COALITION FOR THE GOOD DEEDS
PROGRAM
WHEREAS, there has been submitted to the City Council a request for funds
in the amount of $1,000,000 to be used expressly for an affordable housing deed
restriction purchase program by the nonprofit West Mountain Regional Housing
Coalition (WMRHC), which has a mission to ensure equitable access to affordable
housing for residents across the Roaring Fork and Colorado River Valleys; and,
WHEREAS, the Aspen City Council heard a presentation from VAT v1RHC on
May 12, 2025, regarding the request; and
WHEREAS, the City of Aspen 2025 Budget includes a placeholder for a
$450,000 contribution to the Good Deeds affordable housing deed restriction
purchase program, the amount the City of Aspen contributed to the 2024 program;
and,
WHEREAS, despite APCHA being the largest per capita affordable housing
program in the nation, there is still not sufficient affordable housing in the Aspen-
Pitkin County area to meet the affordable housing needs of our community and
workforce; and
WHEREAS, the units acquired by this program will be preserved as
affordable workforce housing for many people who work in Aspen and in our
region.
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 approves the request of
WMRHC for funding to be used for an affordable housing deed restriction purchase
program in the amount of $1,000,000 to be paid from the 150 Housing Development
Fund and does hereby authorize the Interim City Manager to complete the request as
he deems appropriate pursuant to this resolution.
INTRODUCED, READ AND ADOPTED by the City Council of the City of
Aspen on the 8th day of July 2025.
4
Rac el E. Richards, yor
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 8, 2025.
Nicole Henning, City �lerk