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Boulder HHS outlines housing shortfalls, pipeline and local financing: tens of thousands of units needed over 10 years
Summary
Boulder Housing & Human Services reported a long‑term housing shortfall at the March 3 planning board meeting: roughly 3,500 additional ownership units and about 7,600 rental units are needed over the next 10 years, with deep rental need concentrated below 50% AMI. HHS highlighted $142 million in local investment over the past decade and programs like BoulderMod and scattered‑site acquisitions.
Boulder’s Housing & Human Services presented a data‑driven snapshot of the city’s housing market and the agency’s pipeline and programs at the March 3 Planning Board meeting.
HHS staff summarized recent need assessments showing a roughly 10‑year ownership gap of about 3,500 units and an estimated 7,600 rental units needed over the next decade, concentrated at incomes under 50% of area median income (AMI). “The majority of rental gaps over the next 10 years are affordable to households earning under 50% AMI,” HHS staff said, noting the agency’s program focus on very low‑income households such as seniors on fixed incomes and people exiting homelessness.
HHS described a portfolio of local interventions and funding sources. Over the past 10 years the city invested about $142…
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