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Developers clash over affordable housing unit limits

August 28, 2024 | Boulder, Boulder County, Colorado


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Developers clash over affordable housing unit limits
In a recent government meeting, officials engaged in a detailed discussion regarding an annexation agreement that centers on the number of housing units and the provision of affordable housing. The conversation highlighted concerns about the proposed number of units—78—compared to a potential maximum of 97 units if the development included 40% affordable housing under RMX-2 zoning regulations.

One official questioned the motivations behind the lower unit count, asking whether it stemmed from the developer's interests or staff recommendations. The response clarified that the developer aims to maximize the number of units, but there are concerns that the final count may decrease during the development process due to site constraints. The intent of the agreement is to allow flexibility, enabling the developer to increase the size of market-rate units if the total number of units falls short.

The discussion also touched on the density bonuses available for affordable housing, with officials noting that while a certain density is not guaranteed, the code allows for increased units based on the percentage of affordable housing provided. However, the officials acknowledged that the current agreement does not specify a minimum number of units, which raised questions about the potential impact on affordability.

The meeting underscored a desire for more affordable housing, with officials expressing that increasing the number of units would inherently lead to greater affordability. However, the lack of clear specifications in the annexation agreement left some participants questioning the balance between unit size and affordability, particularly in the context of what constitutes middle-income housing in the area.

Overall, the meeting revealed a complex interplay between development goals, regulatory frameworks, and the pressing need for affordable housing, highlighting the challenges faced by local governments in navigating these issues.

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Scribe from Workplace AI
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