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City Council Study Session Agenda and Packet 2023 04 18
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City Council Study Session Agenda and Packet 2023 04 18
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City Council Records
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4/18/2023
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City Council SS Packet
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20. it <br />Worsening Shortage <br />of Affordable Housing <br />The affordable housing shortage in Boulder County is expected to <br />worsen, i.e.in 2018, housing costs were expected to rise 26% over <br />the next five years, while the availability of affordable housing units <br />for households earning below or near median incomes is likely to <br />decrease by 11%. The actual increase was 44% between 2018 and <br />2023 for single-family homes. Louisville, Superior, Lafayette, and <br />Erie are suggested to build 3,600 affordable homes through 2035, <br />but without aggressive policy change, it's unlikely that Louisville <br />will build many in the next decade. <br />Sources: City of Boulder and Boulder County. (2018). Boulder County Comprehensive Housing <br />Strategy and Boulder County Regional Housing Partnership (2017). <br />
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