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Regional housing partnership: 12% affordability target is halfway met, presenter says
Summary
Holly, the Partnership presenter, told the Housing Advisory Board that the region has about 8,800 deed‑restricted homes (roughly 6% of housing stock), about half of the Partnership's 12% target for permanent affordability by 2035, and urged stronger tracking and regional coordination.
Holly, a representative of the Boulder County Regional Housing Partnership, told the Housing Advisory Board that when the Partnership set a regional goal in 2017 it aimed for 12% of the housing stock to be permanently affordable by 2035. She said the Partnership’s most recent 2024 data show roughly 8,800 deed‑restricted affordable homes in the region, representing about 6% of housing stock — “so halfway to the goal,” she said.
Holly said tracking progress across jurisdictions is difficult because jurisdictions use different data sets and update schedules; she noted the city of Boulder itself reports about 4,300 restricted units (about 8.9% using Boulder’s figures) but emphasized the need to use consistent 2024 data for apples‑to‑apples comparisons. Board members asked for clarifications on how the 12% target was chosen and raised concerns about data hygiene and reporting cadence.
The presentation framed the 12% target as a mix of new construction and preservation (acquisition and rehab). Holly said the Partnership’s strategy includes both production and preservation tools and that partners are coordinating local policy work, funding pools, and regional programs to advance the goal.
