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Boulder County Housing Authority approves participation in special limited partnership for Gunbarrel project
Summary
The Boulder County Housing Authority board voted to approve a resolution authorizing participation in a special limited partnership to own an affordable housing complex in Gunbarrel after questions about management-change protections and final transaction documents were discussed.
April Gatesman, an assistant county attorney, told the Board of County Commissioners sitting as the Boulder County Housing Authority (BCHA) on Oct. 14 that staff sought approval for a resolution authorizing BCHA’s participation in a special limited partnership that would own an affordable housing project in Gunbarrel.
The resolution, identified in the agenda packet as Resolution 2025-12 and accompanied by an Exhibit A titled “Special Limited Member Terms,” was placed on the agenda so BCHA staff could continue negotiating final transaction documents with the proposed partner, identified in the packet as Cobell.
Commissioners asked detailed questions about language in Exhibit A that would require BCHA’s consent for any change in…
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