Wheat Ridge faces shortfall under Prop 1-2-3; staff urges IGA, waiver or unit sharing
Staff told council the city's original Prop 1-2-3 commitment was 218 units but only 43 verified units qualify; staff recommended a unit-sharing IGA with Jefferson County, a good-faith waiver or filing a second-cycle commitment by Nov. 1 to remain eligible for state funds.
The full story
City staff told the council the city’s recorded commitment under Proposition 1-2-3 (Prop 1-2-3) was 218 affordable units but that only 43 units currently meet the income threshold required to count toward that commitment.
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