City Council Agenda and Packet 2023 09 26 SP

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Exhibit 42: Vacant Units by Reason (Excluding "Other Vacant"), Louisville and Boulder County, 2011- 2021 Source: ACS 5-Year Data Tables, 2007-2011, 2017-2021 L N 2011 16% 11% 3% 34% co U 2021 16% 11% 3% 34% a� 2011 50% 0 2021 79% 21% J 0% 20% 40% 60% 80% 100% For rent Rented, not occupied For sale only Sold, not occupied For seasonal, recreational, or occasional use Income Restricted Housing Stock An important component of any community's housing inventory is the regulated affordable housing stock that is affordable to households earning lower incomes. Regulated affordable housing often has public funding that restricts the maximum incomes of the tenants or restricts the rents that can be charged to ensure that the housing is serving low-income households. This housing is sometimes referred to as government -assisted housing referencing the public funds for the property. These restrictions vary by the type of funding and the affordability level of the property, and typically have a limited duration, in which the property is affordable for a specified period of time. Louisville has 346 affordable units across several properties. Exhibit 43: Affordable Housing Units, Louisville, 2023 Acme Place 4 N/A BCHA Hillside Square 13 N/A HUD PBV Kestrel Mixed Age 129 Seniors 50% to 60%AMI Tax Credit Kestrel Senior Building 71 Seniors 50% to 60%AMI Tax Credit Lilac Place 12 N/A BCHA Lydia Morgan Senior Housing 30 Seniors 40% to 50%AMI Tax Credit Regal Court 1 30 N/A BCHA Regal Court 11 10 N/A BCHA Regal Square 30 Seniors N/A HUD MF Sunnyside Place 17 Families 40% to 50% AM Tax Credit ECONorthwest 37 44