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Greeley council weighs build-to-rent housing as alternative to apartments
Summary
City staff and councilors discussed "build-to-rent" developments — clusters of single-family-style homes held by a single owner and rented at market rates — and how the product fits Greeley’s affordability goals and zoning code.
City of Greeley staff briefed the City Council on “build-to-rent” developments during a work session in February 2025, explaining how the product differs from traditional single-family and multifamily housing and how it could affect local affordability and zoning.
The item drew questions from multiple councilors about density, park space and whether the city should try to steer such projects toward ownership models. ‘‘Build to rent is a new style of housing development where a developer builds a single family home community, and instead of selling them individually, rents them out,’’ presenter Beth (staff member) said. ‘‘The rents are market-rate rents, and we’re gonna talk about why that’s important when we talk about housing affordability.’’
City staff framed the product as sitting between single-family and multifamily development: more units per acre than traditional single-family neighborhoods but lower density than many apartment complexes. Staff said the…
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